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Perfect World Launches Open Beta Testing for 'Perfect World II' in North America in the Name of 'Perfect World International' on September 2

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BEIJING, Sept. 2 /Xinhua-PRNewswire/ -- Perfect World Co., Ltd. (Nasdaq: PWRD) ("Perfect World" or the "Company"), a leading online game developer and operator inChina, today announced that it launches open beta testing for "Perfect World II" inNorth America on September 2, 2008 in the name of "Perfect World International" through its wholly owned U.S. subsidiary, Perfect World Entertainment Inc. ("PWE").

The game has received positive feedback since the closed beta testing. The open beta testing is expected to allow more North American online game players to enjoy the game's expansive feature set and unique artistic elegance.

"I am very pleased by the successful closed beta testing inNorth America, and we are excited to introduce 'Perfect World International' to more online game players," said Mr. Alan Chen, Senior Vice President of Perfect World and Chief Executive Officer of PWE. "I believe that the efforts we have devoted to the localization work and our execution ability will enhance our position inNorth America."

"Our progress inNorth America again evidenced our commitment to executing our international expansion strategy. I believe the launch of 'Perfect World International' inNorth America marks a key milestone for us and helps us further position Perfect World as a leading provider in the global online game market in the long-term," added Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World.

About Perfect World Co., Ltd. ( http://www.pwrd.com )

Perfect World Co., Ltd. (Nasdaq: PWRD) is a leading online game developer and operator inChina. 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 that are designed to cater to changing customer preferences and market trends inChina. The Company's current portfolio of self-developed online games includes 3D massively multiplayer online role playing games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian," "Chi Bi" and "Pocketpet Journey West;" and a 3D online casual game: "Hot Dance Party." While most revenues are generated inChina, the Company's games have been licensed to leading game operators in a number of countries and regions in Asia,Europe andSouth 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, and changes of the regulatory environment inChina. 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: ir@pwrd.com
     http://www.pwrd.com

    Christensen Investor Relations
     Kathy Li
     Tel:   +1-212-618-1978
     Fax:   +1-480-614-3033
     Email: kli@christensenir.com

     Jung Chang
     Tel:   +852-2117-0861
     Fax:   +852-2117-0869
     Email: jchang@christensenir.com

SOURCE Perfect World Co., Ltd.



 
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