Jaeho Lee, CFO of NCsoft, said, “In preparation for growth of the global online game market, NCsoft has set up a development system with the ability to launch more than one major MMO game and several casual game titles every year. To accomplish this goal and establish a strong product pipeline, we plan on 18% year to year increase in the development budget this year as well. After several years of spending on development costs, we believe the fruits of those labors will finally begin paying off soon. NCsoft is excited about the prospects for our gaming community at the end of this year when we expect to launch two highly anticipated products, Tabula Rasa™ from Richard Garriott and Aion™.”
Full service for Aion is expected to launch in Korea at the end of 2007.
NCsoft reports fourth quarter sales of KRW 90.2 billion, net profit of KRW 18.7 billion;
Plans to service major game titles including Aion and Tabula Rasa in 2007
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