WeMade merger

Seoul, KOREA - February 22, 2011 - Joymax and WeMade Entertainment announced today that the two companies have merged and will now operate under the Joymax name.  The creators of one the most popular games worldwide, Silkroad Online, and the leading publisher of such titles as Digimon Battle, have combined operations to further strengthen Joymax's position as one of the fastest-growing global game developers and publishers in the world.

"By joining forces we are able to expand access to our portfolio of top online games to more markets than ever before," said Kwan Ho Park, CEO of Joymax.  "Consumers will benefit from the collective talents as we continue focusing on creating spectacular online games that fans across the world have come to expect."

Founded in 1997, Joymax's first MMORPG, Silkroad Online, launched in

1994 and the company is currently developing the sequel, Silkroad Online2. Since the successful launch of its first MMORPG, Joymax has gone on to service not only Korea but more than 200 international countries. 

 "Silkroad Online is one of the most popular games worldwide with thousands of fans connecting to the game every second from all over the world," Park continued.  "Joymax's success comes from the foundation of its outstanding global platform, and together with WeMade's development team and the recent partnership with Dragonfly, the co-developer of QuakeWars Online, we now have all the components to create the best and most compelling games for players across North America, Europe and Asia."

With the merger of WeMade and Joymax the new company will utilize Joymax's strong global direct service platform to enhance its successful lineup of online games while leveraging WeMade's extensive development background and business teams to launch the company's new global portal this coming spring. 

"Both Joymax's global direct service platform and the popular MMO, Silkroad Online, have been major successes, and we look forward to working with the talented development team to continue creating popular, ground-breaking online games," said Park. 

For more information about Joymax visit www.joymax.co.kr/eng// ###

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About Joymax

Since its establishment in April, 1997, Joymax has become a global entertainment company developing and publishing high-quality multimedia content.  Based in Seoul, Korea, the company has published numerous titles for the PC platform, and its first MMORPG, Silkroad Online, which launched in 2004, has since grown to offer service in

200 countries.   For more information, please visit

www.joymax.co.kr/eng/

About WeMade Entertainment

WeMade Entertainment is a leading online games developer and publisher.

WeMade has created several online games, the most successful being The Legend of Mir 2 and The Legend of Mir3, which currently has more than

350,000 active concurrent users and over 200 million registered users in the world. For more information, please visit http://www.wemadeusa.com/.

About Dragonfly

Established in 1995, Dragonfly is the developer of the world's first Online FPS, Karma Online. Dragonfly's broad credits also include co-developing famous titles with Activision, including both Quake Wars Online and Soldier of Fortune Online. Dragonfly continues to build on its other signature titles as it expands towards distribution overseas. For more information, please visit www.dragonflygame.com/eng/.

Media Contact:

Mika Kelly

Clever Communications

 (408) 693-0176

mika@clevercomm.com