Perfect World Announces Recent Business Developments
BEIJING, May 11, 2012 /PRNewswire-Asia/ -- 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 May 11, 2012.
"Hot Dance Party" Expansion Pack -- "Dance of Lucky Stars"
On April 26, 2012, Perfect World released the expansion pack "Dance of Lucky Stars" for its first 3D online casual game "Hot Dance Party," which is set against a modern, urban backdrop. The expansion pack introduces new features including "Lucky Star" and "Wish Reservoir" gameplay, adding new fashionable elements to this game.
"Dragon Excalibur" Expansion Pack -- "Tournament of Warrior Couples"
On April 26, 2012, Perfect World released the expansion pack "Tournament of Warrior Couples" for its first 2D real-time MMORPG "Dragon Excalibur." The expansion pack introduces fresh content including a new PK system for teams of couples, a new map, a new instance and new armors, adding more exciting elements to the game.
Launch of French Version and German Version of "Star Trek Online" in Europe
In March 2012, Perfect World Europe B.V. and Cryptic Studios, Inc. ("Cryptic Studios"), wholly-owned subsidiaries of Perfect World, launched French version and German version of its sci-fi MMORPG "Star Trek Online" in Europe. "Star Trek Online" is a high-quality game developed by Perfect World's renowned R&D team, Cryptic Studios. Featuring space and ground combat, "Star Trek Online" has enjoyed great popularity since its launch in North America in 2010. The game is localized by the Perfect World's R&D teams to cater to European players.
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Launch of "Forsaken World" in Brazil
In April 2012, Perfect World launched its 3D MMORPG "Forsaken World" in Brazil through Level Up! Interactive S.A. ("Level Up!"). "Forsaken World" is a 3D MMORPG set against the backdrop of a fantasy world. The game was first launched in Mainland China in October 2010 and has since been successfully licensed to dozens of countries and regions.
About Level Up! Interactive S.A. (http://levelupgames.uol.com.br)
Established in 2004, Level Up! Interactive S.A. is a leading online game operator and publisher in Brazil. Level Up! is dedicated to entertaining players with high-quality and highly-anticipated products. To date, Level Up! has successfully launched a number of popular online games, including "Perfect World II," "Ragnarok," "Grand Chase" and "Combat Arms." Level Up! will continue to provide players with more sensational titles and world-class services, developing a leading brand in the gaming industry worldwide.
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;" an online casual game: "Hot Dance Party;" and a number of web games and social networking games. While a substantial portion of the revenues are generated in China, Perfect World operates its games in North America, Europe and Japan 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 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," "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.
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