Game Factory Digital Entertainment Studios is Developing an Online Game Solution for the Masterpiece, 'Ghouls and Ghosts', and Its First Massive Multi-Player Online Game Made its Debut at GDC

    TAIPEI, Taiwan, May 12 /PRNewswire/ -- Game Factory Digital Entertainment
 Studios is the first online game solution provider in the Greater China region
 with a focus on developing Online Console Games.  Game Factory Digital
 Entertainment Studios is the first Chinese company to be authorized by Capcom,
 a well-known Japanese digital entertainment solution provider, to provide a
 networking solution for their classic masterpiece 'Ghouls and Ghosts' in order
 to make it an online game.  This is the first time that a Chinese digital
 entertainment company has been authorized to re-design a classic Japanese game
 and develop into a Massive Multi-Player Online Game (MMOG), which will be the
 first product launched into the international market since Game Factory
 Digital Entertainment Studios established its own brands.  'Ghouls and Ghosts
 Online', which is currently under development, made its debut at this year's
 Game Developer Conference (GDC), a grand annual event for the global game
 industry.  As the 'Ghouls and Ghosts' series are highly regarded as one of the
 best video games ever created, the latest version of 'Ghouls and Ghosts
 Online' instantly attracted the attention of the international video game
 industry and media.
     Capcom boasts a history of almost thirty years since its establishment in
 Japan. Many video game fans grew up with the company's video games, especially
 the 'Ghouls and Ghosts' series, which showcases intriguing and exciting
 graphics and extremely difficult paths.  Mr. Monte Singman, founder and Chief
 Executive Officer of Game Factory, states, "It is Game Factory's honor to be
 authorized to network Ghouls and Ghosts. It shows Capcom's confidence in the
 research and development capacity of Game Factory. Game Factory will create a
 brand-new version of "Ghouls and Ghosts" by integrating the essence of this
 classic game with the most cutting-edge 3D technology for the online game. We
 will offer 'Ghouls and Ghosts Online', a game created by the Chinese that
 meets the international standard.  Game Factory hopes to navigate a new path
 for the Chinese game industry, that is, to initiate a development pattern
 incorporating international markets into originality."
     In addition, what is worth noting is that in November 2002, Game Factory
 was licensed by the Microsoft Corporation's Xbox (TM) Tools & Middleware
 Program to independently develop games and consoles.  As a result, Game
 Factory joined the line of Xbox console development and became the first
 Chinese company to develop a Massive Multi-Player Online Game for Xbox Live.
 The forte of Game Factory is the cutting-edge technology of game networking
 developed by the company itself.  In the future, Game Factory will focus on
 the development of Massive Multi-Player 3D Online Games for the Xbox that
 takes full advantage of the Xbox's uniqueness, hoping to attract more Xbox
 players and future Xbox Live players.
     "Ghouls and Ghosts Online", currently under development, is projected to
 be finished in the middle of 2004. At GDC, two versions, PC and Xbox, were
 disclosed, which will be displayed at E3 in the United States next May and
 will be launched into markets in the United States, Japan, South Korea, Europe
 and Greater China region.
     About Game Factory
     Game Factory, a Taiwan based Digital Entertainment Studio, is focusing on
 the making of both TV consoles and PC online games. Game Factory's vision is
 to produce world-class professional standard products that meet the ever-
 growing demands on the global game market.

SOURCE Game Factory Digital Entertainment Studios Co. Ltd

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