BEIJING, Nov. 13, 2012 /PRNewswire/ -- Perfect World Co.,
Ltd. (NASDAQ: PWRD) ("Perfect World" or the "Company"), a leading
online game developer and operator based in China, today announced that the Company has
appointed Mr. Alex Yiran Xu as the
Company's Senior Vice President of Business Development.
(Logo: http://photos.prnewswire.com/prnh/20090416/CNTH023LOGO)
Mr. Xu joined Perfect World as a Vice President of Strategy in
March 2010. Prior to joining
Perfect World, Mr. Xu served as a director for strategic investment
at Giant Interactive Group Inc. from 2008 to 2010. He was one
of the founders and served as a director for game development and
operations at RealNetworks China from 2005 to 2007, and led
business development, investment and new game development at
Sohu.com Inc. from 2003 and 2005. Prior to that, Mr. Xu
founded multiple startup companies in the internet and gaming
industries and led the development of one of the earliest 3D gaming
engines and 3D games in China.
Mr. Xu received his dual bachelor's degree in automation and
instrument science and technology in 1996 and master's degree in
instrument science and technology in 1999, both from Tsinghua
University, and MBA degree in 2007 from a joint program offered by
Tsinghua University and the Chinese University
of Hong Kong.
Mr. Robert Hong Xiao, Co-Chief
Executive Officer of Perfect World, commented, "I am delighted to
announce the promotion of Alex. Alex joined Perfect World
with his vast amount of experience in both game development and
strategic business development in the internet and gaming
industries. We are very grateful for his contributions to the
Company in the past couple of years and believe he will be able to
better utilize his expertise and knowledge in his new role to help
accelerate the Company's future growth."
About Perfect World Co., Ltd. (http://www.pwrd.com)
Perfect World Co., Ltd. (NASDAQ: PWRD) is a leading online game
developer and operator based in China. Perfect World
primarily develops online games based on proprietary game engines
and game development platforms. Perfect World's strong
technology and creative game design capabilities, combined with
extensive knowledge and experiences in the online game market,
enable it to frequently and promptly introduce popular games
designed to cater changing customer preferences and market
trends. Perfect World's current portfolio of self-developed
online games includes massively multiplayer online role playing
games ("MMORPGs"): "Perfect World," "Legend of Martial Arts," "Perfect World II," "Zhu Xian,"
"Chi Bi," "Pocketpet Journey West,"
"Battle of the Immortals," "Fantasy Zhu Xian," "Forsaken World,"
"Dragon Excalibur," "Empire of the Immortals" and "Return of the
Condor Heroes;" an online casual game: "Hot Dance Party;" and a
number of web games and social networking games. While a
substantial portion of the revenues are generated in China, Perfect World operates its games in
North America, Europe and Japan through its own subsidiaries.
Perfect World's games have also been licensed to leading game
operators in a number of countries and regions in Asia, Latin
America, Australia,
New Zealand, and the Russian Federation and other Russian speaking
territories. Perfect World intends to continue to explore new
and innovative business models and is committed to maximizing
shareholder value over time.
Safe Harbor Statements
This press release contains forward-looking statements.
These statements constitute forward-looking statements under the
U.S. Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements. Such
statements involve certain risks and uncertainties that could cause
actual results to differ materially from those in the
forward-looking statements. Potential risks and uncertainties
include, but are not limited to, Perfect World's limited operating
history, its ability to develop and operate new games that are
commercially successful, the growth of the online game market and
the continuing market acceptance of its games and in-game items in
China and elsewhere, its ability
to protect intellectual property rights, its ability to respond to
competitive pressure, its ability to maintain an effective system
of internal control over financial reporting, changes of the
regulatory environment in China,
and economic slowdown in China
and/or elsewhere. Further information regarding these and
other risks is included in Perfect World's filings with the U.S.
Securities and Exchange Commission, including its annual report on
Form 20-F. Perfect World does not
undertake any obligation to update any forward-looking statement as
a result of new information, future events or otherwise, except as
required under applicable law.
For further information, please contact
Perfect World Co., Ltd.
Vivien Wang – Vice President,
Investor Relations & Corporate Communications
Joanne Deng – Investor Relations
Manager
Tel: +86-10-5780-5700
Fax: +86-10-5780-5713
Email: ir@pwrd.com
http://www.pwrd.com
Christensen Investor Relations
Patty Bruner
Tel: +1-480-614-3036
Fax: +1-480-614-3033
Email: pbruner@christensenir.com
Victor Kuo
Tel: +86-10-5826-4939
Fax: +86-10-5826-4838
Email: vkuo@christensenir.com
SOURCE Perfect World Co., Ltd.