K2 Network Announces Partnership With Samsung Electronics Corporation

IRVINE, Calif. - May 2, 2007 - K2 Network, Inc. ( www.k2network.net), an online game publisher, today announced an agreement with Samsung Electronics Co., Ltd. to publish the action-packed massively multi-player online role-playing game (MMORPG), Red Stone. Developed by L & K Logic Korea Co. Ltd, the game is currently taking Japan by storm with more than One million people playing it. Through the partnership between K2 Network and Samsung, Red Stone will be released in five countries including North and South America, Turkey, India and Poland this summer.

"By partnering with one of the most innovative companies in the consumer technology industry, we are confident that we will have winning results," said Joshua Hong, CEO and Co-Founder of K2 Network, "We feel Red Stone is a great addition to our product portfolio and we are looking forward to its success."

Red Stone is a unique 2-D fantasy MMORPG in which players adventure to recover the lost shards of a powerful jewel in order to restore peace to their ravaged world. This title features a compelling story and beautiful music and character classes that can transform into alternate classes to utilize various skills and weapons.

"We are very excited about this new partnership with K2 Network," said Kang Hyun Kwon, Vice President of Samsung Electronics Corporation "The creative minds at K2 Network coupled with L&K Logic's great product and Samsung's consumer outreach will create an award-winning combination ."

"As a development company constantly searching for new ways to position and expand our titles, we are proud to be working with some of the industry's leading forces," said Taek-Won Nam, CEO of L & K Logic Korea Co. Ltd. "With the expansion of its territory, Red Stone has the potential to become a global sensation."

For more information about K2 Network and its products visit www.k2network.net.

About L&K Logic Korea Co., Ltd.

L&K Logic Korea Co., Ltd., a leading online game developer in Korea, offers exciting titles with an "experimental spirit." One of the company's premiere titles, Red Stone, earns over 4 million (USD) monthly in Japan, and L&K is constantly expanding its product line with Mirror War and other outstanding games.

About Samsung Electronics

Samsung Electronics proudly supports The World Cyber Games as well as the professional video game team, KHAN. While the company is one of the most enduring global online game publishers, with titles such as Dungeon & Fighter, Red Stone, Carpe Diem, Mix Master, Carom 3D Online and others, Samsung Electronics is also dedicated to manufacturing a variety of educational and entertainment products.

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 has 8.5 million registered users and offers War Rock, Knight Online, Global MU Online, Red Stone and Sword of the New World: Granado Espada. Company headquarters are in Irvine, Calif. More information can be found at www.k2network.net.