Glu Mobile Inc. : Glu Mobile Announces New Employment Inducement Awards

   Glu Mobile Inc. : Glu Mobile Announces New Employment Inducement Awards

            Glu Mobile Announces New Employment Inducement Awards

San Francisco, Calif. - Mar. 13, 2013 -Glu Mobile Inc. (NASDAQ: GLUU), a
leading global developer and publisher of freemium games for smartphone and
tablet devices, announced that on March 12, 2013, its Compensation Committee
awarded stock options to purchase an aggregate of 184,000 shares of Glu's
common stock to eight newly hired employees pursuant to Glu's 2008 Equity
Inducement Plan. Each of the stock options has a six-year term, vests on a
four-year schedule (25% of the underlying shares will vest on the first
anniversary of the employee's hire date, and 2.083% of the underlying shares
will vest monthly thereafter), and have an exercise price equal to $2.83 per
share, which was the closing price of Glu's common stock on The NASDAQ Global
Market on the March 12, 2013 grant date.

Glu's Compensation Committee adopted the 2008 Equity Inducement Plan, which is
a non-stockholder approved plan, to facilitate the granting of stock options
as an inducement material to new employees joining Glu. NASDAQ Marketplace
Rule 5635(c)(4) requires a public announcement of equity awards made under
this type of plan.

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Glu Mobile
Glu Mobile (NASDAQ:GLUU) is a leading global developer and publisher of
freemium games for smartphone and tablet devices. Glu is focused on creating
compelling original IP games such as CONTRACT KILLER, GUN BROS, DEER HUNTER,
BLOOD & GLORY, and SAMURAI VS. ZOMBIES DEFENSE on a wide range of platforms
including iOS, Android, Windows Phone, Google Chrome, and MAC OS. Glu's unique
technology platform enables its titles to be accessible to a broad audience of
consumers globally. Founded in 2001, Glu is headquartered in San Francisco
with a major office outside Seattle, and international locations in Canada,
China, and Russia. Consumers can find high-quality entertainment wherever they
see the 'g' character logo or at www.glu.com. For live updates, please follow
Glu via Twitter at www.twitter.com/glumobile or become a Glu fan at
Facebook.com/glumobile.

CONTRACT KILLER, GUN BROS, DEER HUNTER, BLOOD & GLORY, SAMURAI VS. ZOMBIES
DEFENSE, GLU, GLU MOBILE and the 'g' character logo are trademarks of Glu
Mobile Inc.

Media Contacts
Jason Enriquez
Glu Mobile Inc.
PR@glu.com
(415) 800-6263

Investor Relations
Seth Potter
ICR Inc.
IR@glu.com
(646) 277-1230

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Glu Mobile Inc. via Thomson Reuters ONE
HUG#1685194
 
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