A leading online game developer and operator in China, Perfect World Co., Ltd., announced today it has entered into new licensing agreements with a famous online game operator in Malaysia, Cubinet Interactive Sdn. Bhd. ("Cubinet"), to license two of the Company's games. Cubinet will license "Legend of Martial Arts" in Vietnam and "Zhu Xian" in Vietnam, Thailand, Malaysia and Singapore.
"Legend of Martial Arts" and "Zhu Xian" are two of the Company's most popular massively multiplayer online role-playing games (MMORPGs) that have been licensed to overseas markets following a number of overseas licenses of "Perfect World II." The Company has obtained sufficient operational experience in China and achieved impressive results in operating "Legend of Martial Arts" and "Zhu Xian" in China. These new agreements mark the Company's first step to license "Zhu Xian" to four countries within one year after its initial launch and boost the number of overseas licenses for "Legend of Martial Arts" to eight.
"Our relationship with Perfect World started with an agreement to license 'Perfect World II,'" commented Mr. Andy Choe, Chief Executive
Officer of Cubinet. "The solid performance of 'Perfect World II' provides a strong foundation for the future prospects of these latest licensing
agreements. Cubinet is dedicated to providing high-quality game products for players in a number of regions, and I believe we have a number of
similarities with Perfect World in terms of our objectives and vision. For this reason, I believe "Legend of Martial Arts" and "Zhu Xian" will deliver
solid results in the Southeast Asia market."
"I'm very pleased that we will be strengthening our relationship with Cubinet through these new licensing agreements," commented Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World, "This not only marks another milestone in our international expansion, but I also believe that it will be a successful partnership given the impressive results delivered by 'Legend of Martial Arts' and 'Zhu Xian' in the Chinese market.
Perfect World Co., Ltd. announced that it launched "Zi Long's Spear" expansion pack on February 28, 2008 for "Chi Bi," the Company's first MMORPG based on Chinese history, the famous Three Kingdoms period. Various brand new elements are expected to lead online game players to a world with more interactive pleasures.
