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WEBZEN To Offer Free Play, Microtransactions for "Soul of the Ultimate Nation" in Korea.


SEOUL, South Korea -- WEBZEN Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:WZEN), a leading global online entertainment company, today announced that the company will present a new payment model to its gamers in Korea for its upcoming online video game, "Soul of the Ultimate Nation
    Soul of the Ultimate Nation (often abbreviated as SUN) is a fantasy-based massive multiplayer online role-playing game (MMORPG) produced by Webzen, a Korean-based company. It is operated in Korea by WebZen and in China by The9.
    ." The highly anticipated game, which is currently in the open beta phase in Korea, will offer players free basic service in the market with optional in-game items and services offered for nominal fees, also known as micropayments.

    Players will continue to enjoy the basic game service at no charge in Korea when "Soul of the Ultimate Nation" enters commercial service in the coming weeks. Upon commercialization on Nov. 14, 2006, Webzen will offer players character and world transfer services, as well as character changing services in its first phase of microtransactions. Phase two, which will roll out shortly after initial commercialization, will provide players a variety of unique convenience-focused in-game items and services to enhance their gaming experience, all available through an in-game shop.

    "WEBZEN is extremely excited to ring in this new era of commercial service for highly produced MMORPGs as we offer free game play combined with microtransactions in `Soul of the Ultimate Nation,'" said Nam Ju Kim, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , WEBZEN Inc. "Microtransactions are widely accepted and preferred by thousands upon thousands of Korean online gamers. Players are familiar and comfortable with the business model and appreciate the flexibility and the value that microtransactions bring to their online gaming experiences."

    "Soul of the Ultimate Nation" is the epic fantasy massively multiplayer online role-playing game
      Massively multiplayer online role-playing game (MMORPG) is a genre of online computer role-playing games (CRPGs) in which a large number of players interact with one another in a virtual world.
       (MMORPG (Massively Multiuser Online Role Playing Game) A role playing game on the computer played by many people. An MMORPG differs from a regular computer role playing game because its environment is perpetual. ) that delivers intense game play with its quick and easy combat system. Players can jump into action and customize group missions through the unique Battle Zone System and embark on a graphically stunning and ever-expanding online fantasy world. With a captivating cap·ti·vate  
      tr.v. cap·ti·vat·ed, cap·ti·vat·ing, cap·ti·vates
      1. To attract and hold by charm, beauty, or excellence. See Synonyms at charm.

      2. Archaic To capture.
       cast of characters, "Soul of the Ultimate Nation" is an epic tale set in a world of emperors, armies, magicians and monsters. "Soul of the Ultimate Nation" will be available for PC players in the United States in 2007.

      About WEBZEN Inc.

      Founded in 2000 and based in Seoul, South Korea, WEBZEN Inc. (KOSDAQ KOSDAQ Korean Securities Dealers Automated Quotations  and NASDAQ: WZEN) has become a leader in the MMOG (Massively Multiuser Online Game) A game on the computer played by many people. Also called "massively multiplayer online" (MMO), an MMOG differs from a regular multiplayer game because its environment is perpetual.  market and has developed some of the world's top online game and client/server technologies. WEBZEN is continuing the tradition of "MU Online," which boasts more than 50 million registered users, with "Soul of the Ultimate Nation" and an array of exciting game titles slated for release in the world's game market. WEBZEN is also the first publisher in Korea to diversify into console platforms, including Xbox 360. In January 2005, WEBZEN announced its entry into the U.S. games market with a subsidiary, WEBZEN America, based in Los Angeles. For more information on the company and its products, please head to www.webzen.com.

      All trade marks TRADE MARKS. Signs, writings or tickets put upon manufactured goods, to distinguish them from others.
           2. It seems at one time to have been thought that no man acquired a right in a particular mark or stamp. 2 Atk. 484.
       are the property of their respective owners.
      COPYRIGHT 2006 Business Wire
      No portion of this article can be reproduced without the express written permission from the copyright holder.
      Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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      Publication:Business Wire
      Date:Nov 7, 2006
      Words:476
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