Nexon Makes Strategic Investment in Robotoki

Mon Feb 25, 2013 9:30am EST

* Reuters is not responsible for the content in this press release.

Partnership Will Enhance Development of Cross-Genre Games for Multiple Platforms
TOKYO--(Business Wire)--
NEXON Co., Ltd. ("Nexon") (3659.TO), a worldwide leader in free-to-play online
games, today announced that it has made a strategic investment in Robotoki Inc.
("Robotoki"), a Los Angeles-based game development studio led by Robert Bowling,
former Creative Strategist of the Call of Duty franchise. Terms of the
investment were not disclosed. 

This investment will be a step in the direction of coordinating efforts in
developing future games based on Robotoki`s development of multi-screen,
cross-platform gameplay. 

"We are thrilled to partner with Robotoki to develop cutting-edge
multi-platform, cross-genre games," said Seungwoo Choi, President and Chief
Executive Officer of Nexon. "Robert Bowling`s creativity and talent is evidenced
by his track record of success, and we look forward to collaborating with the
entire Robotoki team to deliver inventive, multi-dimensional gaming experiences
to consumers in North America and around the world." 

Robotoki was founded in April 2012 by president and former Creative Strategist
of the Call of Duty franchise Robert Bowling. Robotoki`s Human Element, a
first-person survival game that takes place after a zombie apocalypse, will
combine action, strategy and resource management to offer players multiple human
survival scenarios. HumanElement is due to be released in the fourth quarter of
2015 on next-generation consoles, PC and mobile, including iOS and Android. 

"Partnering with a games giant such as Nexon will allow us invaluable access to
their expertise and world-class resources," said Robert Bowling, President and
Founder of Robotoki. "Nexon shares our focus on team and talent, as well as our
commitment to revitalizing and enhancing the game-play experience, and we are
thrilled to work together." 

About NEXON Co., Ltd.

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 microtransactions and 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 Robotoki

Robotoki, founded by Robert Bowling, former leader of Infinity Ward and Creative
Strategist of the Call of Duty franchise, is a game development studio located
in Los Angeles. The studio is developing its first title, Human Element, slated
for release in Q4 2015.

For Nexon
Owen Mahoney, +813-3-3523-7910
Chief Financial Officer
For Robotoki

Copyright Business Wire 2013

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