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Massive Multiplayer Online Role-Playing Game Innovator, CCP Announces Completion of Merger

Reykjavik, Iceland, November 11 (ots/PRNewswire)

- Combined Company to Become the Largest Independent Virtual World
Developer in the World
CCP, the largest European virtual world company, announced the
completion of its merger with White Wolf, the world's second largest
role-playing publisher. The combination of the two privately held
companies creates the unique pool of talent required to prevail in
the rapidly expanding virtual world entertainment market. The
combined company will introduce new online and offline gaming
products across the science-fiction, horror and fantasy genres.
Having set the world record for most concurrent users in a virtual
environment in EVE Online, CCP's flagship science fiction game, the
innovators behind this landmark game will be creating a multi-player
game based on White Wolf's popular World of Darkness setting, along
with other projects already in the pipeline. The merger will
accelerate CCP's brand development of EVE Online as White Wolf will
bring their expertise to the creation of EVE Online strategy guides,
collectible card games, role-playing games, novels, and miniatures.
"White Wolf possesses the role-play gaming industry's leading
creative minds and some of the most recognizable role-playing
properties in the world," said Hilmar Petursson, CCP's Chief
Executive Officer, "Virtual worlds are a new form of entertainment,
separate from traditional computer games. By combining forces, we
will create a company unsurpassed in quality, innovation and scope
which will keep us at the forefront of this emerging trend."
The combined company will continue to operate under their
respective names. White Wolf will be operated as a wholly-owned
subsidiary of CCP. Hilmar Petursson, Chief Executive Officer of CCP,
will be CEO of the combined company. Mike Tinney, President of White
Wolf, will continue as President of the independent subsidiary.
Further, White Wolf will continue development and enhancement of
their entire portfolio of gaming products.
"CCP brings industry-leading technical expertise and online game
development experience to us," said Mike Tinney, White Wolf's
President. "Together, we will create the industry's most innovative
games leveraging both online and offline systems."
About CCP
CCP Games is a privately held company that specializes in the
creation, development, and distribution of Massively Multiplayer
Online Games (MMOGs). Founded in 1997, CCP is recognized
internationally as a pioneer in the single-server persistent universe
concept of the MMOG genre. CCP Games is headquartered in Reykjavik,
Iceland with an office in Shanghai, China. For more information,
visit www.ccpgames.com.
About White Wolf
Since its entry into the roleplaying game market in 1991, White
Wolf Publishing, Inc. has grown, maintaining an average market share
of 22%. With collective book sales in excess of 5.5 million copies
during this time, White Wolf is one of two undisputed worldwide
publishing leaders for pen-and-paper roleplaying games. White Wolf
properties have been licensed for television series, comic books,
action figures, console and computer video games, coin-operated
arcade games, professional wrestlers, replica props and weapons,
interactive media events and myriad merchandise. More information on
White Wolf can be found at http://www.white-wolf.com/.

Contact:

Contact: CCP Games, Magnus Bergsson, magnus@ccpgames.com , Tel:
+354-820-8640. White Wolf, Kelley Barnes-Herman,
kelley@white-wolf.com