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Mark Kern appointment

Chied creative officer at Red 5 Studios.

Irvine, Calif. and Shanghai - November 24, 2008

Red 5 Studios, a leading developer of next generation massively-multiplayer online gaming experiences, announced today that Mark Kern has moved into a new role as Chairman and Chief Creative Officer. In this position, Kern will draw on his world-class game development experience to lead the technical and design efforts for the studio’s titles. Michael Weingartner, previously Red 5’s Vice President of Engineering, has been appointed President and CEO of the company.

“We founded this studio with one goal in mind: make the ‘next big thing.’ In my new role I will be able to focus more closely on my true passion, which is game development,” said Mark Kern, Chairman and CCO, Red 5 Studios. “Michael Weingartner’s talents are well suited to help guide the company to its new phase of growth and opportunity.”

In his new role, Kern will be responsible for the overall creative direction of Red 5’s unannounced project and future games, while Weingartner will handle the day to day operations of the studio.

“Since joining Red 5, I’ve been incredibly impressed by the studio’s talent and drive to create an experience that will set the next standard for MMOGs,” said Michael Weingartner, President and CEO, Red 5 Studios. “Over the past few years, Mark has assembled a stellar team and established a reputation for quality. My number one priority is to continue that tradition by finding innovative ways to build upon the solid foundation.”

For more information on Red 5 Studios, please visit http://www.red5studios.com.

About Red 5 Studios

Co-headquartered in Southern California and Shanghai and founded by key members of Blizzard Entertainment®’s World of Warcraft® team, including Chairman and Chief Creative Officer Mark Kern and Art Director William Petras, Red 5 Studios is dedicated to bringing together millions of gamers across the world by creating immersive worlds, intriguing stories and compelling characters. Red 5 may be reached on the web at www.red5studios.com.cn and www.red5studios.com.

Chris Schmidt , TriplePoint PR

415-955-8513

chris@triplepointpr.com

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