Published:
The9 Announces Clarification Against the Rumor
SHANGHAI, China, Sept. 5 /Xinhua-PRNewswire/ -- The9 Limited
(Nasdaq: NCTY), a leading online game operator inChina, today announces
clarification against the rumor regarding the World of Warcraft's renewal
contract.
The9 is currently in contract negotiations regarding World of Warcraft's
future operation inChina. Recently, there have been rumors that surfaced
regarding the contract negotiations. These rumors are completely unfounded.
The9 encourages all parties to refrain from believing in such rumors. The9 is
actively conducting the contract extension negotiations, and will announce to
the market once a final decision is made.
About The9 Limited
The9 Limited is a leading online game operator and developer inChina.
The9's business is primarily focused on operating and developing high-quality
games for the Chinese online game market. The9 directly or through affiliates
operates licensed MMORPGs, consisting of MU(R), Blizzard Entertainment(R)'s
World of Warcraft(R), Soul of The Ultimate Nation(TM), Granado Espada, and its
first proprietary MMORPG, Joyful Journey West(TM), in mainlandChina. It has
also obtained exclusive licenses to operate additional MMORPGs and advanced
casual games in mainlandChina, including Hellgate:London, Ragnarok Online 2,
Emil Chronicle Online, Huxley(TM), FIFA Online 2, Audition 2, Field of Honor,
Audition and Atlantica. In addition, The9 is also developing various
proprietary games, including Warriors of Fate Online(TM) and Fantastic Melody
Online(TM).
Safe Harbor Statement
This announcement contains forward-looking statements. These statements
are made under the "safe harbor" provisions of 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. Among
other things, the business outlook and quotations from management in this
press release contain forward-looking statements. The9 may also make written
or oral forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission on Forms 20-F and 6-K, etc., in its annual
report to shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to third parties.
Statements that are not historical facts, including statements about The9's
beliefs and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of important
factors could cause actual results to differ materially from those contained
in any forward-looking statement. Potential risks and uncertainties include,
but are not limited to, The9's limited operating history as an online game
operator, political and economic policies of the Chinese government, the laws
and regulations governing the online game industry and information
disseminated over the Internet inChina, intensified government regulation of
online game operators and Internet cafes inChina, The9's ability to retain
existing players and attract new players, license, develop or acquire
additional online games that are appealing to users, anticipate and adapt to
changing consumer preferences and respond to competitive market conditions,
and other risks and uncertainties outlined in The9's filings with the U.S.
Securities and Exchange Commission, including its registration statement on
Form F-1, as amended, and annual reports on Form 20-F. The9 does not
undertake any obligation to update any forward-looking statement, except as
required under applicable law.
For further information, please contact:
Investor Relations
The9 Limited
Tel: +86-21-5172-9990
Email: IR@corp.the9.com
Website: http://www.corp.the9.com/
SOURCE The9 Limited
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Copyright © 2008, NewsBlaze,
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Tags: ,CPR,MLM,ENT,GAM,ITE,ASI,The9-Clarifies-Rumor
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