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Nexon and ThingSoft Announce Publishing Agreement

TOKYO & SEOUL, South Korea--(BUSINESS WIRE)-- NEXON Co., Ltd. (“Nexon”) (3659.TO), a worldwide leader in free-to-play online games, today announced that Nexon Korea Corporation, a subsidiary of Nexon, has partnered with ThingSoft, an online game development company, to service ProjectNT globally.

ProjectNT is a new-concept 3D MMORPG that appeals to all audiences with its cartoonish 3D graphics created with cell animation and its engagement of users as the game unfolds. Lovers of strategic games will have the ability to create their own unique characters by mixing and matching skills from various classes without being confined to a single class, while gamers who seek more lighthearted play will enjoy the fantastical elements and battle scenes.

Under the agreement, Nexon will gain the publishing rights to service ThingSoft’s ProjectNT in both domestic and global regions, including Japan, Korea, North America and Europe.

“Nexon is excited to partner with like-minded, innovative companies like ThingSoft, and we look forward to bringing ProjectNT to new regions and audiences,” said Min Seo, CEO of Nexon Korea Corporation.

“ProjectNT is built on a user-developed engine, offering players a graphic experience that matches the level of an animation movie. Nexon has been very successful in servicing a wide variety of games worldwide, and we look forward to driving positive synergies through this partnership,” said Jung Sang Won, CEO of ThingSoft.

About NEXON Co., Ltd. http://company.nexon.com/

NEXON Co., Ltd. (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 microtransactions 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.

About ThingSoft

ThingSoft, the developer of ProjectNT, was founded in January 2010 by Jung Sang Won, a domestic 1st generation game developer who led the developing of online games such as The Kingdom of the Winds and Legend of Darkness.

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

Source: NEXON Co., Ltd.