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TERA

"Making-of" film charts MMORPG's three-year, $24 million development process.

Seoul, Korea, February 23, 2010- Bluehole Studio unveiled "making of" film for its highly anticipated Massively Multiplayer Role-Playing Game, TERA, in Korea before its 3rd Closed Beta Test. The film contains scenes of developing processes from concept arts, scenario, character creation to actual gameplay.

TERA already secured its powerful publishing partners: it will be operated in Korea by NHN Hangame and in Japan by NHN Japan within the first half of 2010. Bluehole Studio established a representative office in the United States of America and launched a teaser site ( http://www.tera-online.com) in 2009.

Bluehole Studio spent 3 years and 32 billion Won (US$ 24 million) on developing TERA that matches with console game graphic quality and ground-breaking non-targeting gameplay system.

About Bluehole

Thus Bluehole Studio was born in March 2007 in Seoul, Korea, with a focused mission to develop premium MMORPG for audiences around the world. Over the last 2 years Bluehole has grown into a world class company, and it is partially owned by international venture capitals who share this bold vision, such as Altos Ventures ( www.altosventures.com) based in Silicon Valley, California.

For Press Contact for Bluehole Studio

Kyung-bum Kim

bom@bluehole.net

+82-02-2175-7995

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