Science & Technology
Fri, March 2, 2012 
FOSTER CITY, Calif.--([ BUSINESS WIRE ])--Today, [ Perfect World Entertainment ] announced that online games veteran, John Young, has joined the company as vice president of business development and corporate communications. In this role, Young will build partnerships and shape the brand identity of the company. Perfect World Entertainment operates as the U.S. and European arm of Perfect World Co., Ltd. (NASDAQ: PWRD), a pioneering online game developer and operator headquartered in China.
"In all my nine years of experience in the gaming industry, design and monetization have evolved rapidly, and I believe that Perfect World Entertainment is leading a new generation of F2P online games"
Perfect World Entertainment currently boasts a roster of ten online free-to-play games, including [ Blacklight Retribution ], [ Star Trek Online ], [ Perfect World International ], [ War of the Immortals ], and [ Forsaken World ], and Young is constantly seeking out developers of high quality games to add to that list. Additionally, Young is tasked with building and nurturing relationships with industry partners who may benefit from Perfect World Entertainmentas full suite of services that help developers create, publish and monetize their games from start to finish.
aWeare delighted that John has joined us,a said Alan Chen, CEO of the company. aHis many years of experience in developing and publishing online games allows us to work closely with our partners to turn great teams and ideas into profitable products.a
Prior to joining Perfect World Entertainment, Young ran the publishing and revenue design functions for Gazillion Entertainment, publisher of games such as Marvel Super Hero Squad. He built the platform to launch Gazillion games, designed the revenue models and design systems for microtransaction games, and led platform engineering, website creation, administrative tools, customer service, billing, anti-fraud, safety, community, data analytics, and publishing production for Gazillionas online games.
Prior to Gazillion, Young launched and operated an online game for early "free to play" game pioneer gPotato (Gala-Net). He was the first business development executive at Massive Incorporated, signing publishers in complex deals and eventually running BD for North America and Asia for Massive's unique in-game advertising network.
Young has also held positions as a Financial Analyst for Electronic Arts, as a Venture Capitalist with Easton Hunt Capital Partners, and as a acreativea with J. Walter Thompson building the first web presences for large multinationals in the late 1990s. He is founder and CEO of Peerbetween, the aLinkedIn for personality.a He earned his MBA from Columbia Business School and his B.A. Honors in Communications from Queen's University in Canada.
aIn all my nine years of experience in the gaming industry, design and monetization have evolved rapidly, and I believe that Perfect World Entertainment is leading a new generation of F2P online games,a said Young. aWe are working with a great group of developers to publish highly anticipated games and I am thrilled to join the company during this exciting period of growth.a
Young will speak on two panels at the Game Developers Conference 2012 at the Moscone Center in San Francisco. He will discuss aSuccessfully Migrating to F2Pa on Wednesday, March 7th between 3:30 a" 4:30 in room West 2020, and aMonetization a" Lessons Learneda on Thursday, Feb 8th at 5:30, also in room West 2020.
About Perfect World Entertainment Inc.
Perfect World Entertainment Inc., a subsidiary of Perfect World Co., Ltd. (NASDAQ: PWRD), primarily publishes online games and provides online services in North America. Aiming to provide the best game services to North American players with the highest level of commitment in localization, quality assurance, and user-friendly publishing infrastructure, Perfect World Entertainment has achieved great success and published a number of MMORPGs, including "Perfect World International", "Ether Saga Odyssey", "Jade Dynasty", "Battle of the Immortals", "Forsaken World" and "War of the Immortals"; and a single-player action-RPG "Torchlight". Perfect World Entertainment also licenses and operates popular games, including an action-based MORPG "Rusty Hearts".
