Mythos Breaks into SEA

MYTHOS BREAKS INTO SEA
HanbitSoft and AsiaSoft signs $7million publishing rights contract

Seoul, Korea (January 4, 2008) – HanbitSoft, today announced that the company has signed a publishing rights contract with AsiaSoft, for introducing Mythos to South East Asia.

The total amount of the contract is 7million US with 21percent of running royalty from gross sales. Through this contract agreement with AsiaSoft, Mythos will be distributed to 10 different South East Asian countries including Thailand, Vietnam, and Philippines.

“Clearly, South East Asian market had changed in the last few years influenced by increasing imports of foreign games,” commented Richard Sung, head of Business Development Division of HanbitSoft, and added “strong contents developed by Flagship Studios and good reputation of HanbitSoft in the territory mad the Mythos deal go quite positively even in the very competitive and tough market status.”

Developed by Flagship Seattle, a subsidiary of Flagship Studios, Mythos is an online, action role-playing game that is set in the land of Uld – a fantasy world arising from the ashes of an epoch-long war of darkness. Players assume the roles of fantasy heroes as they explore, adventure, and quest through entirely randomized dungeons and environments. With an elegant point-and-click interface and an accessible isometric perspective, Mythos is poised to have near-universal appeal. The game allows thousands of players to interact within the same world while using mostly "instanced" dungeons to create unique gaming experiences suited for both solo and group-minded players.

“While Hellgate: London is an action RPG with massive scale, Mythos is more of a light and casual MMORPG,” said Alex Kim, CEO of HanbitSoft, “we hope that gamers in South East Asia will enjoy both of these games.”

“We are very happy to be the one to introduce Mythos to South East Asian gamers,” said Sherman Tan, Chariman of AsiaSoft, “we are very confident of our partnership with HanbitSoft and Flagship Studios, and we are going to make it successful.”

Mythos is currently exercising the online technology and services behind the multiplayer component of the highly-anticipated action role-playing game Hellgate: London. HanbitSoft will be responsible for distributing Mythos in Asia, and digitally distributed in North America and Europe by Ping0.

For more information please visit the official Mythos website: www.mythos.hanbiton.com