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K2 NETWORK LAUNCHES NEW VERSION OF GLOBAL MU ONLINE


IRVINE, Calif. - March 3, 2006 - K2 Network, Inc. (www.K2Network.net), a global online entertainment and community management company, announced today the launch of its new official Global MU Online (GMO) Web site (www.GlobalMUonline.com) with a new version of the game.

Through this launch, the new and existing GMO gamers were offered with a more up-to-date version of the website and game including new maps, items and events. With plans to commercialize its GMO service during spring of 2006, K2 Network will commit the next several weeks to testing quality assurance.

Since the launch of the new GMO website and client on Feb. 17, 2006, tens of thousands of new downloads have been made by dedicated fans who have been anticipating the new version code named “Epic of Loren.”

“We are excited about our partnership with Webzen and the new launch of Global MU Online. We believe that the key of a successful MMOG is community. And the MU community Webzen has established is already world-class. What K2 Network adds to that is quality services. We are investing in infrastructure, game masters, improved hosting and connection speed, tighter control on hacks and cheats, and more heart-pumping PvP (Player vs. Player) events to make Global MU Online the best game experience on the Internet. We will make Global MU Online the pre-eminent global community of MMO gamers in the Western Hemisphere,” said Joshua Hong, Chief Executive Officer of K2 Network, Inc.

“We are thrilled to partner with K2 Network for Global MU Online. The partnership will raise the bar on Webzen's unceasing commitment to the MU community and hopes to amaze the fans with new updates and improved customer service.  In addition, we expect this partnership will create an important opportunity for us to enhance the overall perception about the global online game industry,” said Nam-Ju Kim, Chief Executive Officer of Webzen.

Webzen (Nasdaq: WZEN - News) launched the GMO as a free basic service in October 2003. The original MU online was the first 3D Massive Multiplayer Online Game launched in Korea, and celebrated its fourth anniversary on Nov. 19, 2005. Currently, there are over 3 million users registered for the global server worldwide.

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About K2 Network

K2 Network, an online game publisher and community service management company, publishes and services highly engaging online games and cultivates dynamic player environments. The company puts “Gamers First” with compelling titles, exciting communities, creative pricing models, quality customer service and frequent updates based on user requests. K2 Network currently offers War Rock, Knight Online, Global MU Online and Golf King. Company headquarters are in Irvine, Calif. More information can be found at www.k2network.net.

 
 

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