Sword of the New World Launches Today July 10, 2007

K2 NETWORK'S

SWORD OF THE NEW WORLD : GRANADO ESPADA NOW LIVE

The Highly Anticipated Age of Exploration MMORPG Now Available For Download at www.swordofthenewworld.com

IRVINE, Calif. - (July 10, 2007) - K2 Network, Inc. ( www.k2network.net), an online game publisher today announced that its epic Age of Exploration MMORPG Sword of the New World: Granado Espada will be available in download in North America and Europe this week. The game is available at www.swordofthenewworld.com.

"With its unique and compelling gameplay that caters to both the seasoned and novice MMORPG player, Sword of the New World fits into K2 Network's unique vision of Gamers First", said Grantley Day, Vice President of Product Development at K2 Network. "Sword of the New World is destined to become top of many players wish list in 2007."

Sword of the New World: Granado Espada is an Age of Exploration fantasy MMORPG that is the first of its kind to include Multi Character Control. With a full spectrum of features including character customization, large-scale maps and breathtaking graphics, Sword of the New World has the ability to capture anyone's heart. Taking place in the Age of Exploration when European colonists' forayed into the new world, this detailed game is full of mystery and danger while players go on a hunt for treasure, adventure, and most importantly, fame.

Sword of the New World: Granado Espada is free to download at www.swordofthenewworld.com. Players have the following packages to choose from:

Pay2Play CD Networks Premium Package-$19.99

The official download partner for Sword of the New World: Granado Espada, CD Networks, offers a premium package with a one-time fee of $19.99 and includes a fast download of the client, an exclusive UPC character, 10,000 VIS (in-game currency) and the first month subscription fee included ($8.95 a month thereafter). This package also includes full game access, trading and auction support with no level cap. Players who already have the client downloaded and installed can also purchase this package without having to re-install the client. To sign up for this package visit www.swordofthenewworld.com.

Pay2Play Monthly Subscription Package-$8.95

Players who want the basic monthly subscription package can purchase it for an $8.95 monthly fee.

This package includes full game access, trading and auction support with no level cap and the ability to purchase in-game items. To sign up for this package visit www.swordofthenewworld.com.

Free2Play

Players can download and play Sword of the New World: Granado Espada for free and play up to level 20. Players can continue playing for free indefinitely; however, will not gain experience points past level 20. To download the game visit www.swordofthenewworld.com.

For more information about Sword of the New World: Granado Espada please visit http://www.swordofthenewworld.com

About HanbitSoft

HanbitSoft, established in 1999, is one of the largest online game publishers in Korea as well as in Asia. After establishing itself as the No. 1 publisher in Korean PC game market, HanbitSoft has continuously invested in developing and publishing excellent and promising online games. HanbitSoft has a broad portfolio of online games ranging from casual games to high-end MMORPG's, either developed in-house or by external development studios such as Studio Mars (Neo Steam) and imcGAMES (Granado Espada). Most of its games already have been introduced in the Asian market as well as in the North and South American market. For example, PangYa, a fantasy-themed online golf game, is now in commercial service in more than 12 countries including Japan, USA and Brazil. Now, HanbitSoft is focusing on pioneering overseas online game markets in an effort to be a "global leading publisher." www.hanbitsoft.com.

About imcGAMES

imcGAMES was established in 2003 and strives to Impress, Motivate and Connect by creating the highest quality games to make a deep impression. Second, they seek to imbue in their games a passionate and perpetual sense of motivation. Third, they foster new connections to enable relationships for each person who plays their games. imcGAMES is staffed by people dedicated not only to making players happy, but also to enjoying their work. www.imc.co.kr

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.

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