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Perfect World Enters Into New Licensing Agreements with Gamania Digital Entertainment (H.K.) Co., Ltd. and Taiwan Index Corporation Ltd.

2008-06-04 19:03 3552

BEIJING, June 4 /Xinhua-PRNewswire/ -- Perfect World Co., Ltd. (Nasdaq: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator in China, today announced that it has entered into two new separate licensing agreements with Taiwan Index Corporation Ltd. ("TIC") and Gamania Digital Entertainment (H.K.) Co., Ltd. ("Gamania Hong Kong"), both of which are subsidiaries of Gamania Digital Entertainment Co., Ltd. (GTSM: 6180) ("Gamania"), a major online game developer, publisher and operator in Taiwan. Under the terms of the agreements, TIC will operate "Chi Bi" in Taiwan, and Gamania Hong Kong will operate "Chi Bi" in Hong Kong and Macau.

"Chi Bi" is Perfect World’s first 3D massively multiplayer online role playing game ("MMORPG") based on Chinese history and has been getting positive feedback since its launch at the beginning of 2008. Features such as the Three Kingdoms map, "18 Legendary Weapon System" and "Battle of the Three Kingdoms System" have attracted the attention of many online game players. This is the fourth game for which Perfect World has signed overseas licensing agreements, following success with similar agreements for "Perfect World II," "Legend of Martial Arts" and "Zhu Xian."

Mr. Po-Yuan, Liu, Chairman of the Board and Chief Executive Officer of Gamania commented, "As one of the most famous periods in the past 5000 years of Chinese history, the Three Kingdoms period is already well-known by many online game players in Asia, and even around the world. Perfect World incorporated the essence of that historical period and developed the 3D MMORPG, ‘Chi Bi.’ We are very happy to enter these agreements with them to license ‘Chi Bi.’ We believe the launch of ‘Chi Bi’ in Taiwan, Hong Kong and Macau will enhance our developments in these three regions."

Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World, added, "We are very pleased to work with Gamania on the licensing of ‘Chi Bi,’ which incorporates the essence of the Three Kingdoms period, in Taiwan, Hong Kong, and Macau. These agreements bring the number of our licensed games to four and we believe that we will see impressive results from ‘Chi Bi’ based on Gamania’s extensive operating experience in Taiwan, Hong Kong and Macau."

About Gamania Digital Entertainment Co., Ltd.

Gamania (OTC: 6180) is the pan-Asia leading online game developer, publisher and operator, providing high quality online game service to customers. Established in 1995, Gamania, with its headquarter in Taipei, has been working toward expanding the Asian markets and today has operations in Taiwan, Hong Kong, Korea, Japan, and China. In addition to its famous licensed online games, Lineage I and Maple Story, Gamania recently has been striving to develop its in-house titles and other diversified business such as animation. The optimal goal of Gamania is to build a world-class digital entertainment platform. More information about Gamania can be found at http://www.gamania.com .

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 more than ten countries and regions. 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.

Vivien Wang

Investor Relations Officer

Tel: +86-10-5885-1813

Fax: +86-10-5885-6899

Email: ir@pwrd.com

http://www.pwrd.com

Christensen Investor Relations

Peter Homstad

Tel: +1-480-614-3026

Fax: +1-480-614-3033

Email: phomstad@christensenir.com

Jung Chang

Tel: +852-2117-0861

Fax: +852-2117-0869

Email: jchang@christensenir.com

Source: Perfect World Co., Ltd.
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