Red Stone Open Beta Now Live

K2 NETWORK'S FREE2PLAY

EPISODIC MMORPG

RED STONE NOW IN OPEN BETA

Starting Today---Gamers Can Now Experience This Epic Fantasy Title Prior To Its Commercial Release

IRVINE, Calif. - August 9, 2007 - K2 Network, Inc. ( www.k2network.net), an online game publisher announced today that its upcoming 2D Fantasy MMORPG, Red Stone is now in beta and open to the public. The game can be downloaded for free at http://www.playredstone.com/download.php

Red Stone, a Free2Play, episodic MMORPG, offers players a unique fantasy experience with a deep and compelling storyline set in a detailed and dangerous setting. Offering 8 unique transforming character classes and compelling strategic missions, the player will seek to recover the lost shards of a powerful jewel in order to restore peace to the destroyed world.

"Red Stone's mesmeric storyline and highly original character set are just a few of the appealing ingredients," said Matt Norton, Senior Producer at K2 Network. "Add to that its Free2play element and classic style presentation and gameplay, we believe Red Stone has global appeal that will charm and captivate the MMORPG community."

K2 Network has also launched Red Stone's new website and forums which will play host to exciting promotions within the game. Valuable prizes, unique and rare items, as well as complete PC gaming packages from top companies will be awarded to gamers who reach a key milestone in the game.

Gamers will enjoy Red Stone's unique Transform System where all characters have the ability to change jobs and weapons as well as transform into other characters, enabling unique, strategic gameplay. Also setting it apart from other MMORPG's, Red Stone characters do not use Mana (MP) when spells and skills are used; instead, they use a rechargeable Charge Point (CP) system, challenging players to use their skills strategically.

Gamers interested in being part of the open beta which is now live and continues through until early September should visit http://www.playredstone.com to sign up and start playing.

For more information on Red Stone visit the new site at www.playredstone.com.

About L&K Logic Korea Co., Ltd.

L&K Logic Korea Co., Ltd., a leading online game developer in Korea, offers exciting titles with an "experimental spirit." One of the company's premiere titles, Red Stone, earns over 4 million (USD) monthly in Japan, and L&K is constantly expanding its product line with Mirror War and other outstanding games.

About Samsung Electronics

Samsung Electronics proudly supports The World Cyber Games as well as the professional video game team, KHAN. While the company is one of the most enduring global online game publishers, with titles such as Dungeon & Fighter, Red Stone, Carpe Diem, Mix Master, Carom 3D Online and others, Samsung Electronics is also dedicated to manufacturing a variety of educational and entertainment products.

About K2 Network

K2 Network publishes and services highly engaging online games and cultivates dynamic player environments. The company puts Gamers First by giving them free access to its compelling titles, supporting its amazing communities, offering creative pricing models and updating its games based on community feedback. K2 Network currently has 10 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. More information can be found at www.k2network.net.