Perfect World Announces Recent Business Developments

BEIJING, Jan. 25 /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 January 25, 2010.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090416/CNTH023LOGO )

Press Release Issued During the Period:

December 17, 2009 - Perfect World Announces the Introduction of New 3D Fantasy MMORPG "Forsaken World"

    EXPANSION PACKS

    "Fantasy Zhu Xian" Expansion Pack - "The Joyous Bunch"

On January 6, 2010, Perfect Word launched the expansion pack "The Joyous Bunch" for its first turn-based 2D MMORPG "Fantasy Zhu Xian." In "The Joyous Bunch," the Company combines its 2D MMORPG online game and interactive entertainment community with a built-in "SNS 2.0 System." Compared to traditional social network service (SNS) communities, this new system features enhanced artificial intelligence and an operating system that has been further customized for smooth user interaction. Thus "Fantasy Zhu Xian" players can join the interactive entertainment community "The Joyous Bunch" to experience the fun of buying land, building houses, experiencing life, and participating in activities in a dynamic virtual community.

    OVERSEAS LICENSING AGREEMENTS

    Licensing "Battle of the Immortals" to Korea

In January 2010, Perfect World signed an agreement with the renowned Korean game company NDOORS Corporation to license the Company's first 2.5D mystery adventure MMORPG "Battle of the Immortals" in Korea. The game has already been licensed to a number of countries and regions.

    OVERSEAS LAUNCHES

    Launch of "Chi Bi" in Korea

In December 2009, Perfect World launched its 3D MMORPG "Chi Bi" in Korea through KTHitel Co., Ltd. ("KTHitel"). "Chi Bi" is adapted from the Chinese history of the Three Kingdoms Period and features cutting edge graphic design, elements of Chinese culture, the "18 Legendary Weapons System," and the "Battle of the Three Kingdoms System."

    AWARDS

    Won Eight Awards at the 2009 China Game Industry Annual Conference

The 2009 China Game Industry Annual Conference was held in January 2010 in Dalian, China. Perfect World's outstanding performance in 2009 earned it the following eight Golden Phoenix Awards:

2009 Top 10 Chinese Game Developers

2009 Top 10 Chinese Game Operators

2009 Overseas Development Awards for Domestic Game Developers

2009 Most Influential Individuals in the Chinese Game Industry - Perfect World Chairman and CEO Mr. Michael Chi

    2009 Top 10 Most Popular Online Games - "Zhu Xian"
    2009 Top 10 Most Popular Domestically-Developed Online Games - "Zhu Xian"
    2009 Top 10 Most Popular Domestically-Developed Online Games - "Chi Bi"
    2009 Top 10 Most Anticipated Online Games - "Dragon Excalibur"

About NDOORS Corporation (http://www.ndoors.com )

NDOORS Corporation was established in 1999 and has been dedicated to the internet and gaming business since. The company is also creating a virtual world where internet users can have fun. With extensive marketing experience and technological expertise, NDOORS Corporation is evolving into an international game company. It has successfully entered into the North American and Japanese markets and has developed a number of online games including "Atlantica." NDOORS Corporation aims to introduce variety and new concepts into cultural content and games.

About KTHitel Co., Ltd. (http://www.kthcorp.com )

KTHitel Co., Ltd (KOSDAQ: 036030) operates the Korean-based internet portal "paran.com" and the online game portal Allstar (www.allstar.co.kr). The Company also creates and services digital content. The internet portal service provides a powerful search engine, entertainment content such as movies and music, local information, community clubs, user created contents, email, blog, and instant messenger access, and supports mobile platform and internet protocol television (IPTV). KTH provides digital content including games, film, music and e-learning to the KT Group and other companies. The online game portal Allstar (http://www.allstar.co.kr ) provides online gamers access to such hits as "KAROS ONLINE," "ANOTHER DAY," "LOCO," "WIND UP," "TWELVE SKY2" and lots of web board games, mobile games and more.

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. The Company's strong technology and creative game design capabilities, combined with extensive knowledge and experiences in the online game market, enable it to frequently introduce popular games that are designed to cater to changing customer preferences and market trends promptly. The Company'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" and "Fantasy Zhu Xian;" and an online casual game: "Hot Dance Party." While a substantial portion of the revenues are generated in China, the Company's games have been licensed to leading game operators in a number of countries and regions in Asia, Europe and South America. The Company also generates revenues from game operation in North America. 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," "believes" 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, 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
     Investor Relations Officer
     Tel:   +86-10-5885-1813
     Fax:   +86-10-5885-6899
     Email: [email protected]
     Web:   http://www.pwrd.com

     Christensen Investor Relations
     Kathy Li
     Tel:   +1-480-614-3036
     Fax:   +1-480-614-3033
     Email: [email protected]

     Roger Hu
     Tel: +852-2117-0861
     Fax: +852-2117-0869
     Email: [email protected]

SOURCE Perfect World Co., Ltd.