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Nexon and Tiancity Announce Publishing Agreement to Bring the Exciting Combat of Cyphers to China

SHANGHAI--(BUSINESS WIRE)-- Tiancity and NEXON Co., Ltd. (3659.TO) (“Nexon”), a worldwide leader in free-to-play online games, today announced an agreement under which Tiancity will publish the 3D Multi Online Action (MOACTION) game Cyphers in mainland China.

Cyphers, which was first launched in Korea in 2011, was developed by Neople, a wholly-owned subsidiary of Nexon and the developer of Dungeon&Fighter. Cyphers tops the list of the most anticipated action games of 2012 in Korea and features innovative gameplay that combines strategy and combat with 5-on-5 group fighting, exciting action and breathtaking special effects. The game also features unique characters with groundbreaking superpowers, who inherit different appearances, backgrounds, temperaments, weapons and skills and fight for their own factions.

“Tiancity is committed to bringing high-quality games to players across the globe,” said Cao Nianbao, Chairman of Tiancity. “Cyphers has been well received in Korea, Taiwan and Hong Kong, and I believe the brand-new gameplay will give gamers in China an exciting fighting experience they’ve never before encountered.”

“We are thrilled to be partnering with Tiancity to deliver Cyphers, one of our most popular new titles, to the continuously-expanding Chinese market,” said Shin-Chul Kang, CEO of Neople. “I am confident that Cyphers’ innovative and realistic features and engaging graphic elements will continue to captivate gamers in China as it has in other regions.”

For information about Cyphers and to view the game’s first trailer, please visit the official site at http://cp.tiancity.com. Cyphers is expected to enter alpha testing later this year. A brand new age of 3D MOACTION is about to begin.

NEXON Co., Ltd. http://company.nexon.co.jp/

NEXON Co., Ltd. (“Nexon”) (3659.TO) is a worldwide leader in free-to-play online games. Founded in Korea in 1994, Nexon developed one of the world's first graphics-based massively multiplayer online games. Nexon also pioneered the concept of microtrans actions in the free-to-play business model, setting a new standard in which play is free, and users have the option to purchase in-game items to enhance their experience. Nexon currently services more than 60 online games in more than 100 countries and since its founding, Nexon has generated more than 1.3 billion player registrations. The Company is headquartered in Tokyo, Japan and its shares are listed on the Tokyo Stock Exchange.

NEXON Co., Ltd.
Owen Mahoney, Chief Financial Officer, 03-3523-7910

Source: NEXON Co., Ltd.