Massive RvR warfare featured MMORPG <Knight Online>, co-developed by Noah System and Mgame, is exported to 30 European countries including France, Germany, England, and Italy.
Mgame announced it has signed a Europe publishing agreement with Game Cafe Service, the number 1 internet cafe payment gateway in Europe, today.
It is a MMORPG launched since 2002 in Korea and North America, Japan, Taiwan, and Turkey in order.
“European gaming market has grown by more than 400% in the last 5 years and we are expecting more growth in the market in the future as well,” said SeungHoon Choi a director of Mgame Overseas Business Development. “With our decade of experience in servicing the game at home and abroad stably, we will coorperate with our local partner for successful launch in Europe.”
He added “MEA market is our next market after the Europe market. We are considering not only publishing agreement but also other various stretagic cooperations such as channeling service expansion.”
<Knight Online> will be available in English in Q4 this year followed by German, French, and Italian language services in order.
Hanbit Soft’s operating loss has occured after last 8 quarters due to reducing the company size at the last 3rd quarter in 2010. The critical reason was the toy business which has been reduced to US$2.8m from US$32m last year.
Mgame has achieved US$44.4m which is reduced by 11.5% YoY?and has undergone a great loss about US$376,000 in the operating profit due to postponed new game development and less revenue from the present games.
