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CDC Games Announces Promotion of John Huen to Chief Operating Officer Huen Recognized for Rapid Growth of Key Games Since Joining Company in July 2007
BEIJING, ATLANTA , Jan. 24, 2008 2008 -- CDC Games, a business unit of CDC Corporation and pioneer of the .free-to-play, pay for merchandise. model for online games in China, today announced the promotion of John Huen to chief operating officer of CDC Games. Huen will report directly to Peter Yip, CEO of CDC Games. Prior to this appointment, Mr. Huen served as chief operating officer and general manager of Optic Communications, a subsidiary of CDC Games. Optic Communications was acquired by CDC Games in July 2007 and operates some of the most well-known game titles in the company.s portfolio, including Shaiya Online, EVE Online, Shine Online and MIR III. Mr. Huen holds more than 10 years of operating and management experience in the digital content and telecommunications industries in China. Before joining Optic, Mr. Huen managed several subsidiaries and joint ventures of CITIC Pacific Ltd., a telecommunications, media and IT conglomerate. Huen holds a bachelor of Engineering degree from the University of Hong Kong. In 1992, he was awarded the Swire/Foreign and Commonwealth Scholarship for his master of Philosophy degree in Management Studies at the University of Oxford. Upon joining CDC Games, Huen took responsibility for the launch and operation of Special Force, the first free-to-play, pay for merchandise FPS (first person shooter) game in China and now one of the company.s best performers. Since its first full month of commercial operation, registered users of Special Force have grown from 2.5 million to over 13.4 million, and average daily revenues have grown by more than 1,000 percent. .I am every excited to take on this new responsibility at CDC Games,. said Huen. .Our Operations, Distribution and Marketing organizations are establish and proven. I will be focused on improving the efficiency of our launch process for new games and the continued efficient operations of our current games. For our planned games in the pipeline, we will work to repeat the launch success that we have achieved with Special Force. Based on this success, I am confident in our ability to begin our open beta testing and commercial launch of The Lord of the Rings Online.: Shadows of Angmar. as planned in Q1 and Q2 this year. We are working very closely with Turbine, the creator of The Lord of the Rings Online game, and intend to continue to do so to achieve our mutual goals.. .John brings the ideal experience and skills we need to help ensure predictable launches of new games and efficient operations of our current games portfolio in China,. added Yip. .He has proven his abilities through the successful launch and operation of Special Force and he now has us well on our way to establishing the operating foundation we need to scale our China operations beyond our single-game beginnings.. About CDC Games CDC Games is one of the market leaders of online and mobile games in China with more than 100 million registered users. The company's hit title Yulgang was among the first "free-to-play, pay-for-merchandise" online games in China and has received the "Top 10 Most Popular Games" award from the China Game Industry Annual Conference (CGIAC) for three consecutive years, in 2005, 2006 and 2007. Currently, CDC Games offers six popular MMO online games in China that includes: Yulgang, Shaiya, Special Force, Mir III, Shine and Eve Online. In March 2007, the company announced the formation of CDC Games Studio 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. CDC Games anticipates being able to deploy up to $100 million for CDC Games Studio investments through contributions from CDC affiliated companies, external partners and its internal resources. In August 2007, CDC Games formed a new subsidiary called CDC Games International (CGI) and CDC Games USA to launch new games internationally and to position CDC Games as a global publisher of online games. For more information on CDC Games, visit: www.cdcgames.net About OGAAP The Online Games Alliance Against Piracy (OGAAP) is a non-profit organization founded by CDC Games and other leading online games developers, with sponsorship from the China Government, to fight the piracy of online games in China. The goals of OGAAP are to establish a platform for industry participants and stakeholders to exchange ideas and share experiences; conduct market and technology research; propose industry-wide policies and practices; lobby relevant government bodies and lawmakers to enact anti-piracy legislation; actively promote public awareness of copyrighted online game usage, educate online game players about copyrighted content and vigorously pursue the continued shutdown of pirated online games as well as the arrest and conviction of their operators. Founding members of the OGAAP alliance include CDC Games; CCP, the Iceland-based developer of EVE Online; Ons On Soft Co. Ltd., the Korea-based developer of Shine; Sonokong Co. Ltd., the Korea-based developer of Shaiya, and Come on Baby; T3 entertainment, the Korea-based developer of Audition online game; and Wemade Entertainment, the Korea-based developer of Legend of Mir II and MIR III online games. 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. Cautionary Note Regarding Forward-Looking Statements Investor Relations Monish Bahl Public Relations Scot McLeod  |