C Y Foundation and YNK Entered into Supplemental Agreement to Extend the Exclusive Rights of Rohan
HONG KONG, March 31 /PRNewswire-Asia/ -- The PRC’s leading e-sport tournament and digital entertainment company, C Y Foundation Group Limited ("C Y Foundation" or the "Group"; SEHK: 1182), has announced that "Rohan," the Group’s massive multiplayer online role playing game (MMORPG) for which the Group had earlier obtained the exclusive right to distribute and market in China, has been granted approval from the General Administration of Press and Publication ("GAPP") for entering into closed beta testing, a major step prior to the game’s launch in the China market.
In addition, the Group has entered into a Second Supplemental Agreement ("Agreement") with YNK Korea Inc. ("YNK Korea") to extend the exclusive right to license and distribute online game "Rohan" without extra consideration.
The acquisition of Rohan for the China market marks a major milestone in the development of C Y Foundation’s digital entertainment business. The authorized website of Rohan for China (http://www.rohan.cn ) has been well received by players since it was launched in July last year. Rohan not only enriches the Group’s portfolio, but also brings more quality digital entertainment products to players in China.
About C Y Foundation Group Limited
C Y Foundation is an interactive digital entertainment company that provides quality entertainment across China. It is dedicated to organizing and running P2P tournaments for prizes throughout the mainland. C Y Foundation operates a national electronic tournament platform that it promotes through a network of Internet cafés. C Y Foundation also organizes Asia’s premier annual e-sports tournament called the International Entertainment Festival (IEF). IEF has an online platform dedicated to daily tournaments at http://www.iefgames.com .
Website: http://www.cyfoundation.com
About YNK Korea Inc.
YNK Korea Inc. is a listed company in Korea, principally engaged in the development and distribution of online games.
Issued by Porda International (Finance) PR Group for and on behalf of C Y Foundation Group Limited.
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Porda International (Finance) PR Group
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Ms. Winnie Chan
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Ms. Cara Pang
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Ms. Abbey Zhao
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Email: abbey.zhao@pordafinance.com.hk
Fax: +852-3150-6728
