Perfect World News & Events & Guides

Chinese online game developer Perfect World Gold (PWRD) says its game "Chi Bi" is heading to South Korea via a new licensing agreement.

The Korean partner, KTHitel, operates the Korean-based Internet portal Paran.com and the online game portal Allstar.com.kr. The financial terms of the deal have not yet been divulged.

"We are pleased to partner with KTH," Michael Chi, chairman and CEO of Perfect World, commented, "This licensing agreement marks a great Perfect World Goldopportunity for both parties and we believe it will enable Korean players to embark on an exciting journey back to this unique period in Chinese history."

Perfect World's game was launched domestically Perfect World Gold in January 2008 and has previously been licensed in a number of countries and regions including Taiwan, Malaysia and Japan.