ASE Labs
Welcome Guest. Please register or log in now. There are 89 people online (0 Friends).
  • Home
  • Articles
  • News
  • Forum
  • Register/Login

Perfect World and Nexon Announce Strategic Alliance

Poster: SySAdmin
Posted on November 9, 2011 at 11:07:01 PM
Perfect World and Nexon Announce Strategic Alliance

BEIJING, Nov. 9, 2011 /PRNewswire-Asia/ -- Perfect World Co., Ltd. (NASDAQ: PWRD) ("Perfect World"), a leading online game developer and operator based in China, and Nexon Korea Corporation ("Nexon"), a leading global online entertainment company and publisher of microtransaction-based massively multiplayer online games ("MMOGs"), today announced that they have jointly established a company in Korea (the "New Company") to manage and operate online games in Korea. 

(Logo: http://photos.prnewswire.com/prnh/20090416/CNTH023LOGO )

"We are very pleased to build a strategic partnership with Nexon," commented Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World.  "This strategic alliance will help us further expand our user base and provide the highest quality services to local players in the Korean market.  The introduction of more of Perfect World's online games into the Korean market will help further strengthen our international reputation as a comprehensive online game developer and operator.  More importantly, we believe Nexon's creativity, strong desire to challenge itself, and customer-centric culture will bring sustained growth opportunities to the New Company.  Together, through the mutual beneficial resources created by this partnership, we look forward to providing our quality entertainment to more players."

Mr. Min Seo, CEO of Nexon Korea Corporation, added, "We are very excited about establishing this New Company with Perfect World to bring more of their titles into the Korean market.  This partnership will combine Nexon's deep experience in publishing online games and well-established competencies in the Korean gaming market with Perfect World's rich and attractive content, and renowned R&D and operational capabilities.  We look forward to introducing more exciting titles and providing world-class services to Korean players through this New Company.  We are confident that this will be a rewarding move for both Nexon and Perfect World."

About Nexon Korea Corporation (http://www.nexon.com)

Nexon Korea Corporation is the Korean arm of Tokyo-based Nexon Co., Ltd., a pioneer of interactive entertainment software and a global leader of massively multiplayer online games.  Founded in 1994, Nexon also has regional offices in the United States (Nexon America Inc.) and Europe (Europe s.à r.l).  Nexon is a pioneer of graphic massively multiplayer online games and the free-to-play microtransaction business model.  Nexon currently services more than 50 online games in over 100 countries.  "KartRider," "MapleStory" and "Dungeon and Fighter" are among Nexon's most popular franchises and entertain millions of players worldwide.  Utilizing advanced technology and platform, and deep experience in global online gaming markets and content localization, Nexon is dedicated to bring the best online entertainment to the world.

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.  Perfect World'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.  Perfect World'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," "Dragon Excalibur," "Empire of the Immortals" and "Heaven Sword and Dragon Saber;" and an online casual game: "Hot Dance Party."  While a substantial portion of the revenues are generated in China, Perfect World's games have been licensed to leading game operators in a number of countries and regions in Asia, Latin America, Australia, New Zealand, and the Russian Federation and other Russian speaking territories.  Perfect World also generates revenues from game operations in North America, Europe and Japan.  Perfect World plans to continue to explore new and innovative business models and remains deeply committed to maximizing shareholder value over time.

Perfect World's 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, Perfect World's limited operating history, its ability to develop and operate new games that are commercially successful, the growth of the online game market and the continuing market acceptance of its games and in-game items in China and elsewhere, its ability to protect intellectual property rights, its ability to respond to competitive pressure, its 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.

For further information, please contact

Perfect World Co., Ltd.
Vivien Wang
Vice President, Investor Relations & Corporate Communications
Tel: +86-10-5780-5700
Fax: +86-10-5780-5713
Email: ir@pwrd.com
http://www.pwrd.com

Kathy Li
Christensen Investor Relations
Tel: +1-480-614-3036
Fax: +1-480-614-3033
Email: kli@christensenir.com

Teal Willingham
Christensen Investor Relations
Tel: +86-10-5826-4727
Fax: +86-10-5826-4838
Email: twillingham@christensenir.com

Nexon Korea Corporation
Seung Hoon Kwak
Tel: +82-2-2185-1132
Fax: +82-2-2185-1100
Email: european@nexon.co.kr

Yoosun Cha
Tel: +82-2-2185-0473
Fax: +82-2-2185-1100
Email: eusun@nexon.co.kr

SOURCE  Perfect World Co., Ltd.

Photo:http://photos.prnewswire.com/prnh/20090416/CNTH023LOGO
http://photoarchive.ap.org/
Perfect World Co., Ltd.

Web Site: http://www.pwrd.com
 
Print This Entry
Tags PR Press Release
Related Articles
  • Huntkey Has Launched Its New Power Strips with USB Chargers on Amazon US
  • Inspur Releases TensorFlow-Supported FPGA Compute Acceleration Engine TF2
  • Hot Pepper Introduces Spicy New Smartphones in US Markets
  • Sharp Introduces New Desktop Printers For The Advanced Office
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
Login
Welcome Guest. Please register or log in now.
Forgot your password?
Navigation
  • Home
  • Articles
  • News
  • Register/Login
  • Shopping
  • ASE Forums
  • Anime Threads
  • HardwareLogic
  • ASE Adnet
Latest News
  • Kingston HyperX Cloud 2 Pro Gaming Headset Unboxing
  • Synology DS415+ Unboxing
  • D-Link DCS-5020L Wireless IP Pan/Tilt IP Camera
  • Actiontec WiFi Powerline Network Extender Kit Unboxing
  • Durovis Dive Unboxing
  • Bass Egg Verb Unboxing
  • Welcome to the new server
  • Gmail Gets Optional Preview Pane
  • HBO Go on Consoles
  • HP Touchpad Update
Latest Articles
  • D-Link Exo AC2600 Smart Mesh Wi-Fi Router DIR-2660-US
  • HyperX Double Shot PBT Keys
  • Avantree ANC032 Wireless Active Noise Cancelling Headphones
  • ScharkSpark Beginner Drones
  • HyperX Alloy FPS RGB Mechanical Gaming Keyboard
  • D-Link DCS-8300LH Full HD 2-Way Audio Camera
  • Contour Unimouse Wireless Ergonomic Mouse
  • HyperX Cloud Alpha Pro Gaming Headset
  • Linksys Wemo Smart Home Suite
  • Fully Jarvis Adjustable Standing Desk
Latest Topics
  • Hello
  • Welcome to the new server at ASE Labs
  • Evercool Royal NP-901 Notebook Cooler at ASE Labs
  • HyperX Double Shot PBT Keys at ASE Labs
  • Avantree ANC032 Wireless Active Noise Cancelling Headphones at ASE Labs
  • ScharkSpark Beginner Drones at ASE Labs
  • HyperX Alloy FPS RGB Mechanical Gaming Keyboard at ASE Labs
  • D-Link DCS-8300LH Full HD 2-Way Audio Camera at ASE Labs
  • Kingston SDX10V/128GB SDXC Memory at ASE Labs
  • What are you listening to now?
  • Antec Six Hundred v2 Gaming Case at HardwareLogic
  • Sans Digital TR5UTP 5-Bay RAID Tower at HardwareLogic
  • Crucial Ballistix Smart Tracer 6GB PC3-12800 BL3KIT25664ST1608OB at HardwareLogic
  • Cooler Master Storm Enforcer Mid-Tower Gaming Case at HardwareLogic
  • Arctic M571-L Gaming Laser Mouse at ASE Labs
  • Contour Unimouse Wireless Ergonomic Mouse at ASE Labs
Advertisement
Advertisement
Press Release
  • Huntkey Has Launched Its New Power Strips with USB Chargers on Amazon US
  • Inspur Releases TensorFlow-Supported FPGA Compute Acceleration Engine TF2
  • Hot Pepper Introduces Spicy New Smartphones in US Markets
  • Sharp Introduces New Desktop Printers For The Advanced Office
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
  • DJI Introduces Mavic 2 Pro And Mavic 2 Zoom: A New Era For Camera Drones
  • Fujifilm launches "instax SQUARE SQ6 Taylor Swift Edition", designed by instax global partner Taylor Swift
  • Huawei nova 3 With Best-in-class AI Capabilities Goes on Sale Today
  • Rand McNally Introduces Its Most Advanced Dashboard Camera
  • =?UTF-8?Q?My_Size_to_Showcase_Its_MySizeId=E2=84=A2_Mobil?= =?UTF-8?Q?e_Measurement_Technology_at_CurvyCon_NYC?=
Home - ASE Publishing - About Us
© 2010 Aron Schatz (ASE Publishing) [Queries: 16 (8 Cached)] [Rows: 292 Fetched: 35] [Page Generation time: 0.010915040969849]