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Perfect World Entertainment Announces Next-Gen Console Presence

Stocks in this article: PWRD

REDWOOD CITY, Calif., Dec. 19, 2013 /PRNewswire/ -- Perfect World Entertainment Inc. a leader and publisher of widely-acclaimed free-to-play MMORPGs, announced today a company expansion by creating a console division targeting current and next-gen consoles. Planned console products expected include current and future games from Perfect World Entertainment's suite of developers. Players will be able to experience the best of free-to-play online games on their consoles, bringing PWE's popular games to a whole new audience.

"Perfect World Entertainment has long been the leader in free-to-play PC titles," said Perfect World Entertainment CEO, Alan Chen. "Bringing our titles to consoles is a natural progression for us, and we can't wait to set a new standard for console MMORPGs and other genres."

"We are looking at this medium to better connect with gamers," said General Manager of Publishing, Andrew Brown. "The opportunity to work on new types of projects with developers from all over the world is really exciting for us as a company. We are confident in our outlook entering into this new business, and you can expect Perfect World to be a major player in the console marketplace."

More information on upcoming console titles from Perfect World Entertainment will be announced in 2014.

For more information about Perfect World Entertainment, please visit: www.perfectworld.com

ABOUT PERFECT WORLD ENTERTAINMENT INC. Perfect World Entertainment is a leading North American online games publisher specializing in immersive free-to-play MMORPGs. Founded in 2008, Perfect World Entertainment has published a number of popular titles, including Blacklight Retribution, Forsaken World, Perfect World International and Star Trek Online. The company works closely with its American development teams and partners such as Cryptic Studios, developer of the highly acclaimed MMORPG Dungeons & Dragons Neverwinter, and Runic Games, developer of the hit Torchlight series, to provide unparalleled quality of service and game experiences to its players. A subsidiary of Perfect World Co., Ltd. (NASDAQ: PWRD), Perfect World Entertainment is headquartered in Silicon Valley, California. For more information, please visit: www.perfectworld.com.

CONTACT: Ben PerLeePerfect World Entertainment Inc.(707)328-9708 benjamin.perlee@perfectworld.com

SOURCE Perfect World Entertainment, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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