Nexon Makes Strategic Investment in Robotoki
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http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130225:nBw255974a 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.http://company.nexon.co.jp/ 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 Robotokihttp://robotoki.com/ 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 or For Robotoki Caroline@robotoki.com Copyright Business Wire 2013
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