"Chi Bi” Licensed to Four Countries in Southeast Asia
BEIJING, June 17 /Xinhua-PRNewswire/ -- Perfect World Co., Ltd.
(Nasdaq: PWRD) (“Perfect World” or the “Company”), a leading online game developer and operator in China, today announced it has entered into a new licensing agreement on May 30, 2008 with Cubinet Interactive(s) Pte. Ltd. (“Cubinet”), a famous online game operator in Malaysia, to license “Chi Bi” in Vietnam, Thailand, Malaysia and Singapore.
“Chi Bi” is a 3D MMORPG developed by Perfect World which is based on the Three Kingdoms period in the Chinese history. The Company is co-promoting “Chi Bi” alongside the movie “Red Cliff,” which has the same Chinese name as “Chi Bi,” in mainland China with China Film Group Corporation.
Cubinet will work with Perfect World on the localization of “Chi Bi” after signing the licensing agreement. To meet the needs of various local markets, “Chi Bi” will be introduced in different languages including Chinese, English, Vietnamese, and Thai.
“‘Chi Bi’ is the fourth 3D MMORPG that we have licensed from Perfect World,” commented Mr. Andy Choe, Chief Executive Officer of Cubinet. “Our previously licensed games from Perfect World include ‘Perfect World II,’ ‘Legend of Martial Arts’ and ‘Zhu Xian.’ ‘Perfect World II’ has been very well received after its commercial launch in Thailand, Malaysia and Singapore, and ‘Legend of Martial Arts’ has also been very well received after its commercial launch in Malaysia and Singapore. Through our seamless cooperation, I believe ‘Chi Bi,’ which is a masterpiece based on the Three Kingdoms period, will also deliver great results.”
“Cubinet is one of Perfect World’s major overseas partners,” said Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World. “I believe the response we have seen from Thailand, Malaysia and Singapore for our previously licensed games can be largely attributed to Cubinet’s strong operating capabilities. Given that ‘Chi Bi’ has been well-received in China’s online game market and that Cubinet has extensive experience in operating games in South East Asia, I believe this agreement will be another success.”
About Cubinet Interactive(s) Pte. Ltd. ( http://www.cubinet.com )
Cubinet Interactive(s) Pte. Ltd. (“Cubinet”) is engaged in developing high-quality game products in Southeast Asia market. Composed of a large number of senior experts in all aspects, Cubinet also has strong network support and user’s community. In addition to the publication and operation of games in Malaysia and Singapore, Cubinet also develops business throughout the Southeast Asia region. Through cooperation with Perfect World, the company succeeds in operation of “Perfect World II” in Malaysia and Singapore, which becomes one of the best performed online games in Southeast Asia region in 2007.
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
Web: 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
