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The9 Limited Obtains Exclusive License to Operate Field of Honor in Mainland China

2007-07-09 18:41 1224


SHANGHAI, China, July 9 /Xinhua-PRNewswire/ -- The9 Limited (Nasdaq: NCTY)("The9"), a leading online game operator in China, announced today that it has, through a wholly-owned subsidiary, entered into an agreement with Beijing Gameworld Tech. Co. Ltd., ("Gameworld"), an online game developer based in Beijing, China, for an exclusive license to operate Field of Honor, a 3D online role-playing game, in mainland China. The term of the license is for three years from the commercial launch date of the game in mainland China.

Field of Honor is a 3D massively multiplayer online real-time strategy & shooting game developed by Gameworld. In addition to typical massively multiplayer online game features such as player interaction, teamwork, and customized character progression, Field of Honor offers players the option to play under the "strategy" or "shooting" mode. Seamlessly integrating various game elements, Field of Honor caters to a broad user base and aims to bring a different entertainment experience to online game players in China.

Mr. Jun Zhu, The9's Chairman and Chief Executive Officer, commented: "The9's strategy has always been to offer the highest quality games, either from overseas or local studios, to Chinese online game players. We are pleased that The9 obtained the exclusive license to operate Field of Honor in mainland China. With The9's strong operational and marketing platform, we believe Field of Honor has good prospects for success. Going forward, we will continue to further expand and diversify our game portfolio to further capture the fast-growing Chinese online game market."

About The9 Limited

The9 Limited is a leading online game operator in China. The9's business is primarily focused on operating and developing high-quality games for the Chinese online game players market. The9 directly or through affiliates operates licensed MMORPGs, consisting of MU(R), Blizzard Entertainment(R)'s World of Warcraft(R), Soul of The Ultimate Nation(TM), and its first proprietary MMORPG, Joyful Journey Westz(TM), in mainland China. It has also obtained exclusive licenses to operate additional MMORPGs and advanced casual games in mainland China, including Granado Espada, Guild Wars, Hellgate: London, Ragnarok Online 2, Emil Chronicle Online, Huxley, FIFA Online, Audition 2 and Field of Honor. In addition, The9 is also working on the development of a 3D fantasy MMORPG game, Fantastic Melody Online(TM).

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of 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. Among other things, the business outlook and quotations from management in this press release contain forward-looking statements. The9 may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on Forms 20-F and 6-K, etc., in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about The9's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, The9's limited operating history as an online game operator, political and economic policies of the Chinese government, the laws and regulations governing the online game industry, information disseminated over the Internet and Internet content providers in China, intensified government regulation of Internet cafes, The9's ability to retain existing players and attract new players, license, develop or acquire additional online games that are appealing to users, anticipate and adapt to changing consumer preferences and respond to competitive market conditions, and other risks and uncertainties outlined in The9's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 20-F. The9 does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Source: The9 Limited
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