LATIN INTERACTIVE NETWORK (LIN) and NHN CORP. ANNOUNCES AGREEMENT FOR KAROS ONLINE IN LATIN AMERICA
April tt 2011. - NHN Corporation, Korea's top internet company, and Latin America's leading online games publisher LIN have signed a license agreement to operate Karos Online in all the Countries of the Latin American region, including major markets such as Mexico, Brazil, Argentina, Chile, Colombia, Peru, etc.
Karos Online is a graphically stunning Free-to-Play fantasy MMORPG, already published in 5 languages / Europe, North America, Russia, Turkey, Taiwan and Korea. With a strong RPG component, wide range of class skills and fantastic visual combat effects, Karos Online offers a rich player experience and an exciting end-game for guilds, including castle sieges and resource control points. There are a variety of dynamic dungeons to explore, with shifting paths and surprises to challenge players as they progress in level. The economy is well-developed, with mining, fishing and crafting elements, and a consignment system for storage with an auction house.
Karos Online offers rare graphical quality for its small client size, and will be accessible to a vast range of computers with minimal requirements, making it specifically suitable for the Latin American Market. Karos Online will be available in fully-localized versions in Spanish and Portuguese in July 2011, including all the latest updates to the game.
NHN has chosen AXESO5.COM as the key partner to enter into Latin America, validating its leadership in one on the most dynamic Online Games Markets today. AXESO5.COM consolidates its current portfolio on every major game game category, as well as accelerating its deployment into the Brazilian market.
About LATIN INTERACTIVE NETWORK: Operating under the www.axeso5.com game portal, LIN is currently the leader Online Games Publisher in Spanish-Speaking Latin America. It currently operates, among others, the highly successful Audition and Operation7 franchises, and is currently preparing the launch of Grand Chase, leading game in the world. LIN has currently a base of over 2,5 million registered users, hosting a diverse portfolio of free-to-play online games with a micro-currency (axesocash) model that enables players to enhance their gaming experiences by purchasing virtual items. Axesocash is available to be purchased online and though a diverse network of local-currency denominated sales points, including an extensive network of affiliate cybercafes in the region.
About NHN Corp.: NHN Corporation (KOSDAQ KOSPI: 035420) was established in 1999 and is currently the leading multi-national internet company in Korea, operating internet search portal and gaming services in Korea, Japan and China. Its products include Naver, Koreas largest search portal with more than 17 million unique daily visitors, and leading Korean portal Hangame, which brought KRW 447 billion (406 million USD) in revenue in 2009, a 23% increase versus 2008. For more information, please visit http://www.nhncorp.com/nhnen/