Los Angeles, CA - May 3, 2012 - Nexon America, the North American
publishing arm of NEXON Co., Ltd. ("Nexon") (3659.TO), has appointed Makoto Iwai
as senior vice president, corporate strategy and promoted Min Kim to senior vice
president, live games. Additionally, Nexon America has hired Eundo Chae as vice
president, live game production.
Mokoto Iwai joins Nexon America from Namco Bandai Games America, Inc., where he
most recently served as the Bandai label president.
Mr. Iwai brings more than 20 years of experience in the video game and
technology industries to Nexon, having served in a variety of positions with
Namco Bandai Games including executive vice president and chief operating
officer, and senior vice president of development. He also held various
management positions at Sony Computer Entertainment in Tokyo and Seoul. In his
role at Nexon America, he will focus on growth opportunities, strategic
partnerships, finance operations and corporate planning and strategy, reporting
to Nexon America?s CEO, Daniel Kim.
Min Kim, who helped establish Nexon America in 2005, oversees all live game
operations, marketing, public relations and community for Nexon America. He most
recently served as vice president, live games, and reports to Nexon America?s
CEO Daniel Kim.
Eundo Chae comes to Nexon America from NEXON Korea Corporation, where he served
as general manager, live game development. With 10 years of experience at Nexon,
Mr. Chae played a major role in the development of the Company's robust online
games portfolio, including managing the service of global hits such as
MapleStory. As vice president of live game production, Mr. Chae will lead Nexon
America?s game service and will report to Min Kim, senior vice president, live
games.
About Nexon America
Nexon America, Inc. is the North American publishing arm of NEXON Co., Ltd. ("Nexon")(TSE:
3659.TO), a worldwide leader in free-to-play online games. Based in Los Angeles,
Nexon America was founded in 2005 to bring the best of online entertainment to
North American audiences. The company's growing library of titles includes
MapleStory, Mabinogi, Combat Arms, Dungeon Fighter Online, Atlantica Online,
Vindictus, Dragon Nest, and Sudden Attack. The foundation of all Nexon America
titles is the microtransaction-based business model, in which users can play the
full game for free and can also choose to purchase in-game items to enhance
their gaming experience.
About NEXON Co., Ltd.
NEXON Co., Ltd. ("Nexon") (3659.TO) is a
worldwide leader in free-to-play online games. Founded in Korea in 1994, Nexon
developed one of the world's first graphics-based massively multiplayer online
games. Nexon also pioneered the concept of microtransactions in the free-to-play
business model, setting a new standard in which play is free, and users have the
option to purchase in-game items to enhance their experience. Nexon currently
services more than 50 online games in more than 100 countries and since its
founding, Nexon has generated more than 1.3 billion player registrations. The
Company is headquartered in Tokyo, Japan and its shares are listed on the Tokyo
Stock Exchange
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