Perfect World Enters Indonesian Market with Licensing Agreement for 'Perfect World II'
BEIJING, Nov. 3 /Xinhua-PRNewswire-FirstCall/ -- Perfect World Co., Ltd (Nasdaq: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator in China, today announced that it has entered into a new agreement with PT. Lyto Datarindo Fortuna ("LYTO"), one of the most famous online games publishers in Indonesia, to license the Company's "Perfect World II" game in Indonesia. On November 3, 2007, LYTO organized a major event, the "Lyto Festival," to announce the licensing agreement for "Perfect World II" in Indonesia. "Perfect World II" is a large-scale 3D MMORPG online game that was first launched in China in November, 2006. The game has gained a market share in its domestic market in China, and it has also been licensed to companies in eleven countries and regions, including Taiwan, Hong Kong, Macau, Malaysia, Singapore, Thailand, Japan, Vietnam, Korea, Brazil and the Philippines. Currently, it is being operated in Taiwan, Hong Kong, Macau, Malaysia, Singapore, Japan, Vietnam, Korea and Philippines. "We are very excited to introduce 'Perfect World II' to the Indonesian market," said Andi Suryanto, Chief Executive Officer of LYTO, at the Lyto Festival, "We believe that 'Perfect World II' will be highly successful in Indonesia's online game market and its excellent graphics and advanced in-game features will bring a new experience to a large number of Indonesian game players." "'Perfect World II' has been well received by the game players in some overseas market to which we have introduced it," commented Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World. "After signing this agreement, we will work very closely with LYTO to make appropriate customizations to the game content to meet the demands of Indonesian game players and the local market. We expect the cutting edge game design and the foundation of deep Chinese cultural heritage in 'Perfect World II' will offer Indonesian game players an immersive experience that they have never had before." About LYTO PT. LYTO DATARINDO FORTUNA (LYTO) is an online game entertainment publisher in Indonesia. Our mission is to provide the new way of gaming experienced through the introduction of Massive Multiplayer Online Games (MMOGs). Headquartered in Jakarta, LYTO have more than 10 branch offices and gathering station throughout Indonesia. In the future, LYTO will continue to establish relationships with other game developers to bring bigger and better online entertainment to the Indonesia. LYTO Product LYTO's first product, "Ragnarok Online" from Gravity Corp. became the most favorite Online Games in Indonesia within 1 month from its first appearance. Currently, there are more than thousands of Internet Cafe and players accesses the game. About Perfect World Co., Ltd. Perfect World Co., Ltd. (Nasdaq: PWRD) ("Perfect World" or the "Company") is a leading online game developer and operator in China. Perfect World primarily develops three-dimensional ("3D") online games based on the proprietary Angelica 3D game engine and game development platform. The Company's strong technology and creative game design capabilities, combined with extensive local knowledge and experience, enable it to frequently and rapidly introduce popular games designed to cater to changing customer preferences and market trends in China. The Company's current roster of in- house developed 3D massively multiplayer online role playing games ("MMORPGs") include "Perfect World," "Legend of Martial Arts," "Perfect World II" and "Zhu Xian." The Company uses a time-based revenue model for "Perfect World," and an item-based model for "Legend of Martial Arts," "Perfect World II" and "Zhu Xian." While most revenues are generated in China, the Company's games have been licensed to leading game operators in more than ten countries and regions. The Company plans to continue to explore new and innovative business models and remains deeply 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," "future," "plans" 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, our limited operating history, our ability to protect our intellectual property rights, our ability to respond to competitive pressure, and changes of the regulatory environment in China. Further information regarding these and other risks is included in Perfect World's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form F-1. 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 Investor Relation Officer Tel: +86-10-5885-1813 Fax: +86-10-5885-6899 Email: firstname.lastname@example.org Christensen Investor Relations Brett Rose Tel: +1-480-614-3013 Fax: +1-480-614-3033 Email: email@example.com Jung Chang Tel: +852-2117-0861 Fax: +852-2117-0869 Email: firstname.lastname@example.org
SOURCE Perfect World Co., Ltd.
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