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Mon, May 23, 2011
[ Mon, May 23rd 2011 ] - Market Wire
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2K Partners with XLGAMES, Inc. to Develop Massively Multiplayer Online Game for Asian Market


Published on 2011-05-23 04:45:38 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--2K, a wholly owned publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced a partnership with XLGAMES, Inc. to develop and publish a massively multiplayer online game for the Asian market based upon one of 2K Gamesa™ top-selling franchise. XLGAMES, Inc. was founded and is currently led by Jake Song, one of the most recognized figures in the online gaming industry in Korea. Mr. Song was also a co-founder of Nexon, as well as the acclaimed creator of the popular Lineage franchise and The Kingdom of Winds.

"We have already been working together for a year on the game, and I can tell you this is one of the most exciting projects that Ia™ve ever undertaken. I cannot wait to launch this collaboration, which illustrates our shared development talent and passion to create cutting-edge entertainment experiences."

aOne of 2Ka™s key long-term initiatives is to bring our groundbreaking, triple-A entertainment experiences to broader audiences through emerging online platforms and markets,a said Christoph Hartmann, president of 2K. aOur partnership with XLGAMES underscores our ongoing commitment to expanding 2Ka™s presence in online gaming and the Asian market by leveraging our creative expertise with companies that are proven leaders in the region. With the addition of the XLGAMES partnership, we have now announced three exciting projects to develop online games in Asia.a

aThis is a great partnership between XLGAMES and 2K,a added Mr. Song. aWe have already been working together for a year on the game, and I can tell you this is one of the most exciting projects that Ia™ve ever undertaken. I cannot wait to launch this collaboration, which illustrates our shared development talent and passion to create cutting-edge entertainment experiences.a

Hubert Larenaudie, president of Take-Two Asia concluded, aIn all my years in the Asian gaming industry, I have never met a game creator with Jakea™s experience and caliber. I have no doubt that he will deliver another stellar title for the Asian market.a

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is a global developer, marketer and publisher of interactive entertainment software games for the PC, PlayStation®3 and PlayStation®2 computer entertainment systems, PSP® (PlayStation®Portable) system, Xbox 360® video game and entertainment system from Microsoft, Wiia", Nintendo DSa", iPhone®, iPod® touch and iPada". The Company publishes and develops products through its wholly owned labels Rockstar Games and 2K, which publishes its titles under 2K Games, 2K Sports and 2K Play. The Companya™s common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at [ www.take2games.com ].

About XLGAMES

XLGAMES was founded in 2003 by the iconic Korean developer Jake Song (Korean name a" Song Jae Kyung), the developer of 'Lineage' and 'The Kingdom of the Winds'. XLGAMES is now developing the Next-generation Blockbuster MMORPG ArcheAge, which aims to be a game where players can pioneer and evolve their own world with their free will. ArcheAge, currently in the beta test phase, is already signed for distribution in China with Tencent, Japan with GameOn, and Taiwan, HongKong, Macao with GigaMedia. ArcheAge first introduced its signature features through G-Star, the largest game show in Korea, in 2010. For more information, please visit [ www.xlgames.com/en ]

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