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CDC Games Completes Acquisition of OPTIC Games Division of CITIC Pacific Acquisition Adds Development Experience and Infrastructure of a Leading China-Based Games Publisher
Beijing, July 17, 2007 -- CDC Games, a business unit of CDC Corporation (NASDAQ: CHINA) and pioneer of the "free-to-play, pay for merchandise" model for online games in China, announced today that it has completed the acquisition of OPTIC, the online games publishing division of CITIC Pacific. OPTIC is recognized as one of the leading brands in online games in China with several popular online game titles including SHAIYA , MIR III and EVE. With over 43 million registered users, the addition of OPTIC brings the CDC Games total registered users to over 90 million. OPTIC will continue to operate its strong portfolio of existing games under its own well-known brand and will also serve as another platform to launch CDC's pipeline of games to provide more diversity and choice to gamers in China. OPTIC also brings deep experience in launching new games and the operational expertise needed to successfully host multiple games from a common platform. OPTIC's billing and universal log-on system will facilitate the cross selling of the CDC Games portfolio to its large base of registered users. "We are very pleased to announce the completion of the OPTIC acquisition which adds highly synergistic products and delivery capabilities to our current operations," said Peter Yip, CEO of CDC Games. "The OPTIC team has already begun demonstrating their added value within CDC Games through their assistance with the very successful launch of Special Force last month. Additionally, OPTIC has posted month-to-month double-digit revenue growth, just since we announced the pending acquisition one month ago." OPTIC has established itself as one of the leading games publishers in China. SHAIYA, is a Korean massive multiplayer online fantasy role playing game launched in China in November 2006 and was ranked as one of the most anticipated online games in China last year. MIR III is the latest installment of the very popular MIR series. EVE Online is a massive multiplayer online space strategy game from Iceland which has frequently been the number one game on www.mmorpg.com, a leading English language game portal. EVE Online was launched in China in June 2006. "We are happy to join the CDC Games family and with their support we will continue to build on Optic’s proud history as one of China’s leading online game publisher," said John Huen Chief Operating Officer of Optic. About CDC Corporation The CDC family of companies includes CDC Software focused on enterprise software applications and services, CDC Mobile focused on mobile applications, CDC Games focused on online games, and China.com focused on portals for the greater China markets. For more information about CDC Corporation (NASDAQ: CHINA), please visit www.cdccorporation.net. About CDC Games CDC Games is one of the market leaders of online and mobile games in China with over 90 million registered users. The company pioneered the "free-to-play, pay-for-merchandise" online games model in China with Yulgang, which has received the "Top 10 Most Popular Games" award from the China Game Industry Annual Conference (CGIAC) for two consecutive years, in 2005 and 2006. Stone Age 2, from CDC Games, also received the award for "Most Anticipated Game of 2007" from CGIAC. In March 2007, the company announced the formation of CDC Games Studio, funded by up to $100 million, to establish strategic relationships with selected games development partners to accelerate the development of new, original online games for China and other targeted global geographies. Cautionary Note Regarding Forward-Looking Statements Investor Relations Monish Bahl Public Relations Scot McLeod |

