Perfect World Announces Recent Business Developments
BEIJING, April 26, 2013 /PRNewswire/ -- Perfect World Co., Ltd. (NASDAQ: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator based in China, today announced its recent business developments as of April 26, 2013.
Launch of "Touch"
On March 25, 2013, Perfect World launched its 3D dancing web game "Touch" in China. In addition to the high quality graphics typical of games developed by Perfect World, "Touch" features refreshing gameplay with straightforward controls to avoid the need for a strong command over a large number of keystrokes as in traditional games. Additionally, rich game content including diverse character appearances, costumes and interactive motions provides players with many options and a fun experience.
Launch of "Legend of Chu and Han"
On April 2, 2013, Perfect World launched "Legend of Chu and Han," a 3D strategy war epic web game in China and Southeast Asia. "Legend of Chu and Han" is based on the well-known war between Chu and Han, the two prominent powers contending for supremacy over China in ancient Chinese history. With mixed features of SLG and RPG gameplay, this game creates a vivid reproduction of majestic scenes from the Chu and Han contention, presenting a breathtaking game world to players.
Recently, Perfect World released expansion packs for a couple of its existing games. On March 25, 2013, Perfect World released the expansion pack "Return of the Crouching Dragon" for its war epic 3D MMORPG "Chi Bi." On April 18, 2013, Perfect World released the expansion pack "Dissidia" for its 3D MMORPG "Forsaken World," which is set against the backdrop of a fantasy world.
Release of Simplified Chinese, Traditional Chinese and Japanese Versions of "Torchlight 2"
In April 2013, Perfect World released the simplified Chinese, traditional Chinese and Japanese versions of "Torchlight 2," a pay-per-install action RPG, through its subsidiaries or partner in Asia. This sequel to "Torchlight" is a popular title developed by Perfect World's majority-owned subsidiary, Runic Games, Inc., a top-tier game development studio based in the U.S.
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 "Return of the Condor Heroes;" an online casual game: "Hot Dance Party;" and a number of web games. While a majority of the revenues are generated in China, Perfect World operates its games in North America, Europe, Japan, Korea and Southeast Asia through its own subsidiaries. Perfect World's games have also 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 intends to continue to explore new and innovative business models and is 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," "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
Joanne Deng – Investor Relations Manager
Christensen Investor Relations
SOURCE Perfect World Co., Ltd.
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