K2 Network Named 2008 Entertainment & Gaming Company of the Year

Technology Council of Southern California Names K2 Network 2008 Entertainment & Gaming Company of the Year

Irvine, Calif. - February 29, 2008 - The Technology Council of Southern California ( www.tcosc.org) yesterday named K2 Network ( www.k2network.net) 2008 Entertainment & Gaming Company of the Year. The awards were presented at the Tech Council's annual gala event on Thursday, February 28, in downtown Los Angeles at the historic Millennium Biltmore Hotel. Now in its 14th year, the Technology Industry Awards recognize Southern California-based technology leaders that have made outstanding contributions to the industry over the past year.

"We're honored to be recognized as one of the best and brightest technology innovators in Southern California," said Joshua Hong, CEO and co-founder of K2 Network. "It is a special privilege to be named 2008 Entertainment & Gaming Company of the Year among the other innovative leaders in this industry, which is so densely populated with great talent. We genuinely appreciate the recognition and we look forward to contributing even more innovation in the future by putting gamers first."

K2 Network is a leading publisher of highly engaging online games and service provider of one of the largest and most active Massively Multiplayer Online Game (MMOG) communities in the Western Hemisphere. Serving more than 16 million gamers in over 100 countries, K2 Network is one of the fastest growing companies in the fastest growing segment of the video game industry.

Reaching more than 25,000 people throughout the region, the Technology Council of Southern California is the premier forum for providing the events, connections, information and resources to help technology companies succeed.

According to Catrina Luedtke, executive director of the Technology Council, "This year's awards once again featured an amazing array of technology companies with compelling growth and leadership stories. We are pleased to recognize K2 Network among the 'best of the best' in technology from Southern California in 2008."

About K2 Network, Inc.

K2 Network publishes and services highly engaging online games and cultivates dynamic player environments. The company puts GamersFirst by giving them free access to compelling titles, supporting their amazing communities, offering creative pricing models and updating games based on player feedback. K2 Network currently has over 16 million registered users and offers War Rock, Knight Online, Global MU Online, Red Stone and Sword of the New World: Granado Espada. K2 Network has an operational presence in the United States, Korea, and India. Read more about the company at www.K2Network.Net and find all of their games at www.GamersFirst.com.

About the Technology Council of Southern California

The Technology Council of Southern California is the premier forum for the region's technology leaders, providing events, connections, information and resources to help technology companies succeed. From recognizing excellence in innovation through its annual awards event to providing access to funding through VentureNet, the Technology Council supports companies throughout their entire corporate lifecycles. Founded in 1991 as the Software Council of Southern California, the Technology Council has a 17-year history of supporting technology companies across the region. For more information visit www.tcosc.org.