Silkroad Online

Seoul, Korea, January 29, 2010 - Joymax, a leading online game developer and publisher, announced its commercial service launch in Russia partnering with Astrum Online Entertainment.

Astrum Online Entertainment is a major publisher that accounts for 60% of market share in Russia. Its impressive lineup covers more than 40 games including Perfect World and Lord of the Rings.

Astrum has added Skilroad to its lineup since last June and operated Closed Beta and Open Beta (OBT) tests in last November and December respectively. Astrum announced "more than 130,000 users registered during OBT. The number surpassed that of Perfect World which has shown the sustainable revenue and the high number of concurrent user. So we have high hopes for Skilroad,"

"This is the first time for Joymax to enter the market outside of Asia. I have nothing but great respect for the Russian publishing partner, Astrum. I am looking forward to working with Astrum for Silkroad," said Chan Woong Jeon, a CEO at Joymax.

Starting with its commercial service, Joymax prepares major updates for the second and third quarter and marketing support for the localized operation.

About Joymax CO., Ltd

Beginning with the game "Final Odyssey" in January 1999, Joymax published numerous titles for the PC platform. With its accumulated know how and development power, Joymax continues to produce game products for various platforms.

Joymax's first MMORPG "Silkroad Online" launched in November 2004 and has since grown to service not only Korea but over 200 international countries.

Going forward, our goal is to become a global entertainment company providing various multimedia contents including games, for the maximum joy of people all around the world.

Press Contact for Joymax:

Myung-won, Lee

mwl@joymax.com