AUSTIN, Texas, December 14, 2005—Marvel Entertainment, Inc., NCsoft® Corporation, NC Interactive, Inc. and Cryptic Studios™, Inc. are pleased to announce today that they have amicably settled all claims brought by Marvel and all claims brought by NCsoft, NC Interactive, Inc. and Cryptic Studios, Inc.
The parties' settlement allows them all to continue to develop and sell exciting and innovative products, but does not reduce the players' ability to express their creativity in making and playing original and exciting characters. Therefore, no changes to City of Heroes® or City of Villains'™ character creation engine are part of the settlement. The parties have agreed that protecting intellectual property rights is critically important and each will continue aggressively to protect such rights in accordance with all applicable laws. While the terms of the settlement were not disclosed, all parties agree that this case was never about monetary issues and that the fans of their respective products and characters are the winners in this settlement.
NCsoft - North American is headquartered in Austin, Texas and is part of Korea-based NCsoft Corporation. NCsoft, with its own development and publishing offices in Texas and California, also works with subsidiaries and third party developers throughout North America to develop and publish innovative online entertainment software products. The company launched two massively multiplayer titles on the same day last year: Lineage II and City of Heroes, and in 2005 the hit games Guild Wars® and City of Villains were released. In 2006, NCsoft is poised to launch two more massively multiplayer titles: Auto Assault® and Tabula Rasa™. More information about NCsoft can be found at http://www.PlayNC.com.
NCsoft, the interlocking NC logo, Lineage, Guild Wars, Auto Assault, Tabula Rasa and all associated logos and designs are trademarks or registered trademarks of NCsoft Corporation. City of Heroes and City of Villains are trademarks or registered trademarks of Cryptic Studios, Inc. and NC Interactive, Inc. Cryptic Studios is a trademark of Cryptic Studios, Inc. All other trademarks are the property of their respective owners.