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Wargaming.net And Arise Merge

New Orleans, LA - November 16, 2007 - Wargaming.net, Inc., a strategy game development company, well-known by its highly-acclaimed Massive Assault series, today announced a merger deal with Arise, an independent PC game developer. The united company will operate one of the biggest game development studios in Eastern Europe. The titles will be released under Wargaming.net brand.

The synergy of talent, proprietary technologies, and vast experience will ensue the company's leading position in certain genres.

"This merger enhances Wargaming.net's position as the leading strategy and RPG developer" - said Viktor Kislyi, the CEO of Wargaming.net - "with our resources almost doubled, we will put more energy into creating cutting-edge proprietary technology and building new brands."

According to the Arise CEO Fedor Mukhin, the integration will strengthen the company by consolidation of all positions and corporate resources.

About Wargaming.net

Wargaming.net is a strategy game development company operating since 1998. The company developed highly acclaimed Massive Assault series, including Massive Assault, Massive Assault Network, Massive Assault: Phantom Renaissance and Massive Assault Network 2. Currently Wargaming.net has finished developing "Galactic Assault", a turn-based strategy based on famous sci-fi universe by Strugatsky Brothers. Also an unannounced innovative RTS project is in development. The company's motto is "Strategic Satisfaction". Visit http://www.wargaming.net for more information.

About Arise

Arise company is an independent PC games developer. Over a short period of time the company has followed the path leading from an informal group of like-minded people towards a well equipped up-to-date studio. Four announced projects make up the breakthrough achievement of company crew. It is a shared success of Arise Company and its partners - leading Russian companies such as 1С, Nival Interactive, KranX Production.

Media Contacts:

Mike Belton

PR-officer

e-mail: mike@wargaming.net

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