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Perfect World Announces Recent Business Developments

2009-06-18 17:52 3363

BEIJING, June 18 /PRNewswire-Asia/ -- Perfect World Co., Ltd. (Nasdaq: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced its recent business developments as of June 18, 2009.

(Logo: http://www.prnasia.com/sa/2009/04/16/200904161852.jpg )

Press Releases Issued During the Period:

June 1, 2009 - Perfect World Announces Share Repurchase from A Major Shareholder

EXPANSION PACKS

"Zhu Xian" Expansion Pack - "The Return of the Conqueror"

On May 26, 2009, the Company launched "The Return of the Conqueror" expansion pack for "Zhu Xian," to mark the second anniversary of the game. The expansion pack contains richer content. For instance, it features the battlefield of "The Souls of Chu Han Soldiers," which enables larger scale and more exciting squadron wars. It also contains the "The Rite of Elite Soldiers System" in which the players can develop their tools and equipment in a DIY mode.

"Battle of the Immortals" Expansion Pack - "The Encounter with the Hidden Dragon"

On June 4, 2009, the Company launched the first expansion pack for "Battle of the Immortals," "The Encounter with the Hidden Dragon." The expansion pack opens a fantasy world of adventures to players enabling them to take on the dragons in a new scene "The Timeless Dragon Den." Other new features include the newly developed "Civilization Exploration System," the upgraded "Association System," and a lot of new tools and equipment.

"Chi Bi" Expansion Pack - "The Rage of Battalions"

On June 18, 2009, the Company launched "The Rage of Battalions" expansion pack for "Chi Bi." The expansion pack features the "Fortress Intrusion System" and two new weapons: "Hook" and "Shield." Other new features include a number of strategic fortresses and battlefields of the Three Kingdoms Period such as "Longzhong Saga" and "Fengyi Pavilion."

OVERSEAS LICENSING AGREEMENTS

Licensing "Battle of the Immortals" to Taiwan

In June 2009, Perfect World signed an agreement to license its newly launched 2.5D mysterious adventure MMORPG "Battle of the Immortals" to Game Flier International Corporation, a subsidiary of the Taiwan-based game company Soft-World International Corp (TSEC: 5478) ("Soft-World"). Game Flier International Corporation was thus authorized to operate the game in Taiwan, Hong Kong and Macau. This was the first overseas licensing agreement for "Battle of the Immortals," and was the fourth cooperation between Perfect World and Soft-World.

OVERSEAS LAUNCHES

Launch of "Legend of Martial Arts" in Korea

In June 2009, Perfect World launched its 3D MMORPG "Legend of Martial Arts" in Korea through EYA Interactive Co., Ltd. "Legend of Martial Arts" was Perfect World's first comic online game. The game has been popular with the domestic online game players since its launch in 2006. Presently, the game has already been licensed to a number of countries and regions.

Launch of "Zhu Xian" in North America

In June 2009, Perfect World launched open beta testing for 3D MMORPG "Zhu Xian" in North America under the name "Jade Dynasty" through its wholly owned U.S. subsidiary, Perfect World Entertainment Inc. "Zhu Xian" is based on a popular internet fantasy novel of the same name, and has been well received by online game players in both China and overseas because of its creative designs and high quality imagery. The game has been localized to cater to North American game players.

About Game Flier International Corporation (http://www.gameflier.com )

Game Flier International Corporation ("Game Flier") is a subsidiary of Soft-World International Corp. (TSEC: 5478). Game Flier is engaged in distributing and operating online games. Game Flier is distributing and operating more than 20 online games, including "Ragnarok Online," "Sango Online," "Sky Dragon Online," "Zhu Xian Online," "Chinese Paladin Online" and "Sankokushi Online." Since 2007, Game Flier has been diversifying into the operation of online community and the development of web games. The web games it has launched include "Glog," "Web Three Kingdoms" and "Web Baseball." These games and associated blogs have been popular among gamers.

About EYA Interactive Co., Ltd. (http://www.eyainteractive.com )

Established in October 2004, EYA Interactive Co., Ltd. ("EYA Interactive") is a multimedia entertainment service provider that develops and operates online games and provides related selling and services in Korea. EYA Interactive is dedicated to developing high quality online games while building a sustainable corporate culture, maximizing customer satisfaction, and nurturing employee creativity. EYA Interactive's product portfolio currently includes a modern martial arts 3D MMORPG, "Dark Story Online," and a highly interactive 3D MMORPG, "Luna Online." Its products have been licensed to many countries and regions, including China, Japan, the United States, Hong Kong, Taiwan, Thailand, Malaysia, Singapore and the Philippines. EYA Interactive plans to launch several new games including "Iris Online," "EO Online" and "Legend of Edda" in 2009, which is expected to bring its development to the next stage. EYA Interactive will continue to focus on developing high quality online games in an effort to become a world class game company.

About Perfect World Co., Ltd. (http://www.pwrd.com )

Perfect World Co., Ltd. (NASDAQ: PWRD) is a leading online game developer and operator based in China. Perfect World primarily develops online games based on proprietary game engines and game development platforms. 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 massively multiplayer online role playing games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," "Chi Bi," "Pocketpet Journey West" and "Battle of the Immortals;" and an online casual game: "Hot Dance Party." While a substantial portion of the 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 also generates revenues from game operation in North 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, changes of the regulatory environment in China, and economic slowdown in China and/or elsewhere. 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.

Vivien Wang

Investor Relations Officer

Tel: +86-10-5885-1813

Fax: +86-10-5885-6899

Email: ir@pwrd.com

Web: http://www.pwrd.com

Christensen Investor Relations

Kathy Li

Tel: +1-480-614-3036

Fax: +1-480-614-3033

Email: kli@christensenir.com

Roger Hu

Tel: +852-2117-0861

Fax: +852-2117-0869

Email: rhu@christensenir.com

Source: Perfect World Co., Ltd.
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