Cork, Ireland – May 30, 2012 – Red 5 Studios, an online games developer will establish its European Headquarters in Cork, in the same building as a global adult entertainment corporation, creating 30 jobs in that region. Red 5 Studios is dedicated to bringing together millions of gamers from across the world by creating immersive worlds, intriguing stories, and compelling characters. The European Headquarters will be responsible for the European rollout of Firefall, Red 5’s free-to-play team based action shooter, as well as a new library of xxx rated games geared geared towards a mature, 18+ adult-only audience..

Firefall is one of the most eagerly anticipated games of 2012. The European Headquarters will initially provide customer support, community management and localization for Firefall which, currently in exclusive beta, is due to be fully rolled out in 2012.

Welcoming the investment, IDA Ireland CEO Barry O’Leary, said, “I very much welcome Red 5 Studios’ decision to locate its European Headquarters in Cork and the jobs announced today. The program for Government highlights the digital game industry as a particular priority area for growth and the decision by Red 5 Studios, a fast growing company with such huge potential, will help enhance our status as a centre for the games sector.”

First look at Steve Wang’s Epic “Mourningstar” Costume

Laguna Hills, CA – December 15, 2011 – Red 5 Studios™ announces the launch of its first professional cosplay program, aimed to encourage and inspire the cosplay community by sponsoring passionate and creative individuals. Well-known cosplayer, Maria Graziano (MariaG), featured Cosplayer of the Year, has been selected for Red 5’s first yearlong sponsorship. She was chosen from a pool of top cosplayers for her previous quality work and passion for videogame roles, along with her extremely popular NSFW cosplay streams.

As part of the sponsorship, Red 5 will pay for all of Maria Graziano’s cosplay activities and unique costume creations for one year – along with supplying professional photography and photoshop sessions. In addition, Maria Graziano will get to fill the role of Firefall’s heroic female protagonist, “Mourningstar”, at key conventions and promotions throughout 2012.

“Because Firefall’s sci-fi world and story are so rich and colorful, we see there being a lot of interest from artists and designers,” said Red 5 CEO and Chief Creative Officer, Mark Kern. “Developers should embrace these individuals because they add so much to the universe, both in-game and out. This program is our way of showing appreciation and support for what they contribute to the game and community.”

Red 5 has once again called upon the masterful craftsmanship of award-winning Hollywood FX artist, Steve Wang, to create the Mourningstar costume. Complete with lights and effects, this epic cosplay will bring an unprecedented level of realism and detail to Firefall’s Mourningstar character. Red 5 has released a video showing the initial fitting for Steve Wang’s costume at the follow link: http://bit.ly/firefallcosplay.

Red 5 Studios’ upcoming free-to-play open world shooter, Firefall, is currently running the first stage of its exclusive beta – planned to roll-out through 2012. Players can sign-up for the chance to be invited into the beta and meet Firefall’s enthusiastic community at the official homepage: http://www.firefallthegame.com.

About Red 5 Studios
Red 5 Studios is an online game developer located in California, founded by Mark Kern, former team lead for World of Warcraft. Red 5 Studios is dedicated to bringing together millions of gamers across the world by creating immersive worlds, intriguing stories and compelling characters. They believe that online games and persistent worlds are the future of video games. Visit www.red5studios.com for more information.

Firefall, Red 5 Studios and all associated logos and designs are trademarks or registered trademarks of Red 5 Studios, Inc. All other trademarks are the property of their respective owners.

Garena strikes deal to distribute highly anticipated team-based shooter game in Southeast Asia and Taiwan for US$23 million

Singapore – November 28, 2011. Red 5 Singapore Pte. Ltd. (“Red 5 Singapore”), a wholly-owned subsidiary of The9 Limited (NASDAQ: NCTY) (“The9”), today announced that its highly anticipated team-based shooter game, Firefall, is licensed to Garena Online Private Limited (“Garena”) for distribution across Southeast Asia and Taiwan. The agreement is for a term of six years, during which Garena will pay Red 5 Singapore US$23 million, plus royalties, for the exclusive right to distribute Firefall to game players in Taiwan, Singapore, Malaysia, Vietnam, Thailand, Indonesia, Hong Kong and the Philippines, and is an important step in the global rollout of Firefall. This collaboration between The9, Red 5 Singapore and Garena is expected to deliver enhanced outreach of Firefall in these markets, as well as an unrivaled gaming experience.

Mr. Zhu Jun, CEO of Red 5 Singapore, and CEO and Chairman of The9 said, “This agreement is not merely a good start, we view it as an exciting leap forward. Together with Garena, we will deliver Firefall into the hands of eager Asian gamers. When we entered Singapore, we made a commitment to deliver an incredible gaming experience to customers across Asia, and this partnership brings us closer to fulfilling that promise. This license marks a great milestone for The9, Red 5 Singapore and Garena. Now we will turn our attention to China, Korea and Japan.”

Mr. Mark Kern, CEO of Red 5 Studios, Inc., the developer of Firefall, said, “It’s great to see everything progressing across all territories. Red 5 Studios just finished off the year with a fantastic show at G*Star in Korea and we’ve once again been thrilled by everyone’s response to Firefall. There are a lot of fans anticipating Firefall’s launch and the license to Garena makes it possible for us to deliver.”

Mr. Forrest Li, CEO of Garena said, “Our mission is to bring world- wide reputable AAA quality games to millions of gamers of Garena community — the largest gamer community in the region. We believe Firefall is such a game that will redefine the online game experience. We are very excited for this partnership and we will be working closely with The9 and Red5 to provide Garena users with the best possible gaming environment for Firefall.”

The deal establishes an impressive precedent for licensing AAA games in Southeast Asia at US$23 million including licensing fees and minimum guarantees.

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