ijji.com Launches KwonHo: The Fist of Heroes

FOR IMMEDIATE RELEASE

MOUNTAIN VIEW, CALIF. - August 3, 2007 - NHN USA's ijji.com, a subsidiary of NHN (KOSDAQ:035420), the largest Korean internet company and leading game site in Asia, launched KwonHo: The Fist of Heroes into Live Service today. KwonHo: The Fist of Heroes is a 3D fighting game, featuring unprecedented character customization and fast paced action as players choose between five martial art styles to fight and battle. KwonHo: The Fist of Heroes is available for multiplayer online play on the PC on ijji.com.

"Fighting game fans craving for a 3D fighter for their PC will have an opportunity to duke it out in multiplayer online battles in KwonHo: The Fist of Heroes," said Whon Namkoong, CEO of NHN USA. "KwonHo: The Fist of Heroes delivers the brawling experience expected from a fighting game but also revolutionizes the genre with its deep customization capabilities, varied fighting styles, online community features, and is free to play on ijji.com."

KwonHo: The Fist of Heroes incorporates unparalleled customization features in which players create their characters by choosing their appearance and martial art fighting style. As players delve deeper into the game, they will be able to shop from over 450 clothing items in the Game Shop to produce a truly distinctive and personalized game character. Players can choose between Tae Kwon Do, Muay Thai, Tai Chi Quan, Ba Ji Quan, or Judo fighting styles. Each fighting discipline has over 50 moves, which can expand as the character's level increases. As a player gains experience by fighting, they are able to win in-game Credits which can be used to purchase items or new techniques.

Players are able to test their fighting skills in single or team match modes, including the Single Match Mode, a classic one-on-one battle to become the ultimate warrior, Team Match Mode, which pools two or three players into a team in 2v2 or 3v3 team action, and Death Match Mode, a fight for supremacy as team members must win their bouts in order to stay and fight the next opponent in a survival-of the fittest match up.

For more information on KwonHo: The Fist of Heroes, please visit http://kwonho.ijji.com/

About NHN USA

Headquartered in Mountain View, Calif., NHN USA is a subsidiary of NHN - a multi-national powerhouse operating a search engine portal and multiple game sites which has propelled NHN to become the leading internet company in Korea. NHN also operates the leading game sites in Japan and China.

About ijji.com

NHN USA's ijji.com is a premier internet game destination, offering a full range of casual to serious multiplayer titles including action games GUNZ, Soldier Front, Gunbound Revolution and popular puzzle, card, board games including Royal Chess, Switcheroo and GoStop. All of these title and more are available and FREE to play on ijji.com.

Media Contact

Robin John Rosales

NHN USA - ijji.com

650-691-9700 x1037

robin.rosales@nhnusainc.com