Perfect World Signs New Licensing Agreements with
|
Beijing China (July 29, 2008) - Perfect World Co., Ltd. (NASDAQ: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator in China, today announced that the company has signed new licensing agreements on July 24, 2008 with Games-Masters.com Ltd. ("Games-Masters.com"), a game operator in the United Kingdom, to license "Perfect World II" in around forty European countries. "Perfect World II" is a 3D massive multiplayer online role playing game ("MMORPG") launched by Perfect World in 2006. The game has been well-received by many online game players with its excellent graphic design and innovative systems. Prior to signing the agreements, "Perfect World II" not only had been receiving positive feedback in the China's online game market, but also had been licensed to more than ten countries and regions. "Perfect World II" has the most licensed countries and regions among the games under the Company's product portfolio. Under the terms of the agreements, "Perfect World II" will be introduced and operated under multiple languages including English, French, German, Spanish, and Turkish in around forty European countries through Games-Masters.com. "Our goal is to obtain a leading position in the European MMORPG market," commented Mr. Howard Lee, Chief Executive Officer of Games-Masters.com. " We believe the agreements with Perfect World to license 'Perfect World II' marks an important step toward achieving this goal. We also believe 'Perfect World II' will be a success in Europe." " 'Perfect World II' has been well-received by many online game players since being launched and operated in overseas markets," added Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World. "The licensing agreements with Games-Masters.com will further extend the global reach of our product. We will closely work with Games-Masters.com to adjust the game's content according to European online game players' preferences in order to provide them with an enjoyable and fun experience brought by the domestically developed 3D MMORPG." About Games-Masters.com Ltd. Founded in 2005, Games-masters.com Ltd. ("Games-Masters.com") is one of the leading European online game publishers and best known for its successful MMORPG title, "Cabal Online," an online game with increasing subscribers in Europe. Games-Masters.com is incorporated in Sheffield, South Yorkshire, United Kingdom and has offices in Spain and Turkey. Games-Masters.com is a part of the holding company Games Masters International Limited. With professional business people and games industry management experts from both Europe and the Far East, Games-Masters.com plans to publish games in several genres such as Fantasy, Sports, Real Time Strategies and even Casual games. Games-Masters.com's goal is to become the leading player in the MMORPG market in Europe and continue to expand further into other game genres. About Perfect World Co., Ltd. (http://www.pwrd.com) Perfect World Co., Ltd. (NASDAQ: PWRD) is a leading online game developer and operator in China. Perfect World primarily develops three-dimensional ("3D") online games based on the proprietary Angelica 3D game engine and game development platform. The Company's strong technology and creative game design capabilities, combined with extensive local knowledge and experience, enable it to frequently and rapidly introduce popular games that are designed to cater to changing customer preferences and market trends in China. The Company's current portfolio of self-developed online games includes 3D massively multiplayer online role playing games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," and "Chi Bi;" and a 3D casual game: "Hot Dance Party." While most revenues are generated in China, the Company's games have been licensed to leading game operators in a number of countries and regions in Asia, Europe and South America. The Company plans to continue to explore new and innovative business models and remains deeply committed to maximizing shareholder value over time. Safe Harbor Statements This press release contains forward-looking statements. These statements constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "future," "plans," "believes" and similar statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, our limited operating history, our ability to protect our intellectual property rights, our ability to respond to competitive pressure, and changes of the regulatory environment in China. Further information regarding these and other risks is included in Perfect World's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Perfect World does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. For further information, please contact Perfect World Co., Ltd. Christensen Investor Relations Jung Chang |