November 6, 2007

Cryptic Studios Announces Sale of City of Heroes & City of Villains

Cryptic Studios announced today that the development house has sold its intellectual and proprietary rights to both the City of Heroes and City of Villains franchises to publisher NCsoft. As part of the agreement, NCsoft is licensing Cryptic’s engine technologies for use with future games.

“City of Heroes and City of Villains players should be assured that Cryptic Studios will be working closely with NCsoft to ensure a smooth, seamless transition,” said Michael Lewis, President and co-founder of Cryptic Studios. “City of Heroes was Cryptic’s flagship product and we are proud of this title and the many millions of characters that have entertained over a million people worldwide. The decision to sell the franchise allows us to focus resources on our soon to be announced first-party projects.”

For more information about Cryptic Studios please visit www.crypticstudios.com

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