MAJOR MMORPG KNIGHT ONLINE ANNOUNCES OFFICIAL U.S. LAUNCH AND REVOLUTIONARY “FREE2PLAY” WITH UNLIMITED PLAYING TIME

Existing and New Players To Have Complete Access to All Current Features As Well As All Future Updates and Expansion Packages

COSTA MESA, Calif. – December 6, 2004 - K2Network (www.K2Network.net), a global online game publisher, announces today the official launch of Knight Online (www.KnightOnlineWorld.com) with completely revamped website, new server expansion, and the revolutionary “Free2Play” for all players with unlimited playing time. Both existing and new players will have complete access to all the current features of the game as well as all future updates and expansion packages. For die-hard fans of Knight Online who wish to further enrich their experience, Knight Online offers Premium and Ultra Premium option for higher hit rates, increased player abilities, access to special weapons, and many other benefits.

“The Free2Play is truly unprecedented in a way no other major fantasy MMORPG in North America has dared to offer in the past. It represents K2 Network’s commitment to offering what today’s gamers want and an approach to innovation and creativity. Today, our industry is witnessing an evolution of business model that no longer depends itself on static monthly subscriptions, but rather on more dynamic, player-driven revenue streams based on relevant player choice. We are delivering what our players have been asking us and thus have crafted a carefully staged plan to sustain and expand our vibrant Knight Online global community.” said Joshua Hong, Chief Executive Officer of K2 Network.

Knight Online is the critically acclaimed medieval fantasy adventure game with perpetual war servers operating with local language-support in China, Taiwan, Korea, Japan, Malaysia, and North America. Since its first introduction in Korea two and a half years ago, Knight Online has been enjoyed by millions of players from over 50 countries. With the new server expansion, enhanced website, and the “Free2Play”, K2 Network expects to double its global player base to 300,000 in the upcoming months for its North American servers.

About K2Network
K2 Network is the leading online game aggregation service provider for broadband carriers, vertical portals, and online content service providers. K2 Network’s vision is to provide an alternative distribution channel to the U.S. online game industry by making it easy for broadband service and online content providers to offer Massively Multiplayer Online Role Playing Games (MMORPGs) directly to their subscribers. K2 Network provides a turnkey solution that covers sourcing, server hosting, game mastering and customer service based on a revenue sharing partnership so that service providers can focus on what they do best and still reap the benefits from the recurring revenues.