“Chi Bi” is a 3D massively multiplayer online role playing game (“MMORPG”) developed by Perfect World based on the Three Kingdoms period in Chinese history. Since its launch in early 2008, the game has received positive feedback in domestic market. Chibi’s launch in Malaysia made it the third game from Perfect World launched through Cubinet following the successful operations of “Perfect World II” and “Legend of Martial Arts.”

“We have been receiving very positive feedback since we launched ‘Chi Bi’ on August 6, 2008,” commented Mr. Andy Choe, Chief Executive Officer of Cubinet. “The fact that we and Perfect World completed the localization work within about two months after signing the licensing agreement not only demonstrates Perfect World’s extensive experience in localization, but also shows the better collaboration we were able to accomplish with Perfect World. We believe ‘Chi Bi’ will be a success in the Southeast Asian market through our joint efforts.”

“Cubinet is one of our important overseas business partners, which has successfully launched three of our MMORPGs,” commented Mr. Michael Chi, Chairman and Chief Executive Officer of Perfect World. “The continued stream of overseas licensing shows that our international expansion strategy is doing well. I believe that our close cooperation with partners such as Cubinet will further enhance the presence of domestically developed online games.”