Perfect World Launches Unlimited Closed Beta Testing for 'Empire of the Immortals'

BEIJING, Dec. 28, 2010 /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 it launched unlimited closed beta testing for "Empire of the Immortals," a new MMORPG for the Company's "Immortals" franchise, on December 28, 2010.

Following "Battle of the Immortals," "Empire of Immortals" is the second title in Perfect World's "Immortals" franchise. Featuring the international style of the "Immortals" series, the new game goes a step further, introducing novel gaming experiences with a vast selection of vehicles built on ancient armory and weapons technologies. Players can also choose from various classes, and enjoy unique features and play modes including "Family Wonders," "Spirit System," and "Turf War System." "Empire of the Immortals" runs on an upgraded "Cube" engine to render exciting visual effects, and innovative game play and battle modes.

Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World, commented, "Over the years we have been committed to globalizing our portfolio by continuously developing diversified titles across many genres. Our 'Empire of the Immortals' is another game geared towards global players and we are very excited about its debut.  Having drawn on our accumulated experience in creating games for worldwide audiences, the 'Immortals' franchise is set to delight both Eastern and Western players. We also look forward to wowing our global players with even more great titles in future."

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 knowledge and experiences in the online game market, enable it to frequently and promptly introduce popular games designed to cater changing customer preferences and market trends.  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," "Battle of the Immortals," "Fantasy Zhu Xian," "Forsaken World" and "Dragon Excalibur;" 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, South America and the Russian Federation and other Russian speaking territories.  The Company also generates revenues from game operations in North America, Europe and Japan.  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," "anticipates," "future," "intends," "plans," "believes," "estimates" 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 develop and operate new games that are commercially successful, the growth of the online game market and the continuing market acceptance of our games and in-game items in China and elsewhere, our ability to protect our intellectual property rights, our ability to respond to competitive pressure, our ability to maintain an effective system of internal control over financial reporting, 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.