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Long-time Partner, Gamebase, Acquires Assets of Emergent Game Technologies

Former VP of Sales, Asia at Emergent to Serve as Chief Executive Officer of New Company

Seoul, Korea – December 22, 2010 – Gamebase Co., Ltd announced today that it has acquired the assets of Emergent Game Technologies, the developer of the world-class video game engines Gamebryo and LightSpeed 3D. Korea-based Gamebase, a long-time strategic partner of Emergent, also announced that David Brame, the former chief operating officer of NDL and vice president of sales at Emergent, will become the CEO of the newly capitalized company in USA.

“The Gamebryo 3D engine has been a flexible, transparent, dependable solution for video game developers and publishers globally and has been used to develop hundreds of titles,” said JY Park, president of Gamebase. “Our first goal is to focus on the company’s roots - working closely with customers and providing excellent customer service. This is one of the key reasons why Gamebryo evolved into such a popular development engine.”

“This is an exciting day for Gamebryo customers. Over the next few weeks we will be actively communicating with Gamebryo developers around the world to update them on our future plans and activities,” said Brame. “Scott Johnson, the former CEO of Emergent, has worked diligently to ensure a positive transition of ownership and has kept the best interests of the Gamebryo community at the forefront during the entire acquisition process.”

Best known for its industry-leading 3D game engines, Gamebryo and LightSpeed, Emergent's technologies have been selected by studios around the world to bring nearly 300 titles across more than 15 genres to market, including Game of the Year award-winning titles like Fallout 3, The Elder Scrolls IV: Oblivion, as well as critically acclaimed titles like Warhammer Online: Age of Reckoning, Civilization Revolution, Speed, Divinity II – Ego Draconis and Bully.

About Gamebase:
Gamebase is headquartered in Seoul, Korea. Emergent, Gamebryo, LightSpeed and related logos are trademarks or registered trademarks of Emergent Game Technologies, Inc., in the United States and other countries. Other names may be trademarks of their respective owners. For more information on Gamebase and its development technologies, please visit www.gamebase.co.kr or www.gamebryo.co.kr.

Media Contact:
Allison Flentje
ClearImage
allison.flentje@clearimagepr.com
919-863-2393 ext. 216