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List of Press Releases
March 2008
IP E-Games and GDH Group tie-up to release 1st Japanese online game

GONZO Rosso actively pressing on with expansion in the Asian market
 
Makati City, 28 March 2008 - IP E-Game Ventures Inc., (IP E-Games) the online gaming business unit of IPVG Corp. (PSE: IP) has announced that it has entered an online game licensing deal with Japanese media company GDH K.K. (GDH) through its group company GONZO Rosso K.K. (GONZO Rosso). The deal grants to IP E-Games the license to publish GONZO Rosso’s first original title, Pandora Saga, in the Philippines.
 
Pandora Saga is the first Japan-made Massively Multiplayer Online Role Playing Game (MMORPG) to be launched in the country. Developed by HEADLOCK Inc., its service has been available in Japan since February 2008. This full-scale war game offers a highly strategic and action-packed game experience in a battlefield where three battling nations employ an extensive array of siege weapons and horsemen for the ultimate victory.
 
The GDH group produces cutting edge entertainment for teens and young adults. The company is a world leader in content development targeting both domestic and international audiences with Japan`s trend-setting animation culture.
 
“The GDH group will continue to actively promote and further expand the online gaming business in Asia through GONZO Rosso. By harnessing our partnership with IP E-Games, we hope to pave the way for the release of the title in multiple Asian territories,” said Shinichiro Ishikawa, GDH Chief Executive Officer.
 
"We are proud to have secured the rights to Pandora Saga which brings yet again an "A-title" to our gamers in the Philippines. With this title and partnership with GDH, IP-Egames is positioned to introduce high quality games and animation to the Philippine market, as well as other countries in South East Asia," said Enrique Y. Gonzalez, Chief Operating Officer of IP E-Games.
 
IP E-Games is scheduled to release Pandora Saga in the Philippines this summer. The title is expected to penetrate more Asian gaming markets soon after its release in the Philippines. 


About Pandora Saga
Pandora Saga is GONZO Rosso`s original online RPG set against a fantastical world where three nations are engaged in wars against each other. Rich in battle elements and meticulously designed details, the game offers an ultimate battle experience to the players. The players can fully immerse themselves in massive battles, using unique skills, siege weapons, horsemanship and a host of other features to wage war in an action-driven battlefield that never stays the same.

 
About GONZO Rosso K.K.
GONZO Rosso develops and operates online games such as Knight Online, Master of Epic -The ResonanceAge Universe-, and Shaiya -Light and Darkness-. By offering special in-game items for purchase and user-friendly systems, GONZO Rosso ensures unique game experiences that both advanced users and online game novices can enjoy. GONZO Rosso conducts its overseas business through subsidiaries Gonzo Rosso Malaysia, which provides online game services in Malaysia and Singapore, and GoldSky Access International, Inc., an online game licensing company covering China and Southeast Asia. GONZO Rosso`s other areas of business include development/operation of online merchandise store "GONZO STYLE" ( <
http://www.gonzo-style.com/> http://www.gonzo-style.com - Japanese only), character open-contest site "Charapre" (http://charapre.jp/ - Japanese only), and mobile sites "Mobile Newtype" and "GONZO MOBILE", as well as production of video content, characters, advertisement designs, websites and other Internet content leveraging GDH/GONZO`s network of creators/artists.
 
About GDH K.K.
GDH is a globally-focused Japanese media company founded in February 2000. The group produces cutting edge entertainment for teens and young adults through its GONZO animation brand. Kids and family product is distributed through the GONZO FILMS and GONZINO brands.GDH is a world leader in content development targeting both domestic and international audiences with Japan`s trend-setting animation culture and, usually, GDH controls licensing management and international distribution for the content it produces.

For additional information, visit <http://www.gdh.co.jp/english> www.gdh.co.jp/english (for GDH) and  <http://www.gonzo.co.jp/> www.gonzo.co.jp (for GONZO - Japanese only). GDH group companies include GONZO Rosso K.K., GONZO K.K., Future Vision Music K.K., GONZINO K.K., GDH Capital K.K. and GK Entertainment K.K.
 
About IP E-Games  
IP E-Game Ventures, Inc. (IP E-Games), is a subsidiary of IPVG Corp. (PSE: IP) that operates the online gaming business unit of the company. IP E-Games has the exclusive distribution rights to the #1 MMORPG RAN Online, #1 Casual Game O2Jam and #1 rhythm and dance game, Audition Dance Battle, classical fantasy MMORPG Supreme Destiny and Presidential Award recipient Korean game Granado Espada. IP E-Games strategic partners include the Philippine Star Group, and GMA 7. For more information log on to:
www.e-games.com.ph
 
   



IPVG Acquires US-based Contact Center : IT company grows BPO service to global markets

Makati City, Philippines -- 28 March 2008 -- Publicly-listed IT company IPVG Corp. (PSE: IP), together with its BPO subsidiary, IP Contact Center Outsourcing, Inc. (IPCCO) today announced that it has entered into a Stock Purchase Agreement with Interactive Teleservices Corporation (Influent), a US-based contact center with facilities in the US, Panama and the Philippines.

Under the terms and conditions of the contract, IPVG acquired 70% of the call center which shall be paid by way of cash and issuance of IPVG shares.
In addition, IPCCO shall sell or lease to Influent an incremental capacity of initially 250 seats in the Philippines on an as-needed basis. 

Enrique Y. Gonzalez, Chief Executive Officer of IPVG said, "Our investment into Influent signifies our commitment in building a global outsourcing provider. Influent’s strong on-shore capability and North American presence, coupled with IPVG`s delivery capabilities in Asia make us a truly global provider. This is indeed another major milestone for our company, and for the BPO industry."

Andrew Jacobs, President and Chief Executive Officer of Influent said, “We are excited with the strategic partnership with IPVG. Our combined expertise and resources will allow us to grow more rapidly, particularly in the offshore market and offer a broader range of BPO services to our current and future clients.”

Based out of Dublin, Ohio, Influent is a leading contact center company with a focus on banking, financial services and insurance (BFSI) markets in the US. It has a total of 11 delivery centers with over 1400 seats – 20% in the Philippines, 5% in Panama and 75% in the US.

Influent provides its customers with a comprehensive portfolio of inbound, outbound and business processing outsourcing solutions. The company’s strong sales team is equipped with deep insider knowledge of the financial services vertical, providing excellent opportunities to service customers with high value added financial services in both business and knowledge process outsourcing.

The BPO firm consistently maintains a positive cash flow and long-term contracts with Fortune 1000 customers.

Premier call center, CRM, and teleservices publication Customer Interaction Solutions  magazine recently cited Influent in the 2008 Top 50 Teleservices Agencies Ranking Award (#7 in US domestic and #11 internationally).

Influent represents IPVG’s fifth investment in a span of only one year following: Globalstride Holdings, Inc. (call center facilities in the Philippines); IP-Converge Pte Ltd. (Singapore based IDC); Prolexic Technologies, Inc. (internet security provider with operations in the US, EMEA and Asia) and Megamobile (local mobile technology provider and content developer). From its corporate headquarters in the Philippines, IPVG has established presence in Singapore, Hong Kong, Vietnam, India, Panama, United Kingdom and USA.
 
About Influent
Influent was incorporated on 29 December 1994 in the State of Nebraska, US.
It is engaged in business process outsourcing (BPO), operating call centers in the United States, Panama and the Philippines.  Influent has just earned a 2008 Top 50 Teleservices Agencies Ranking Award (#7 in US domestic and #11 internationally) from Customer Interaction Solutions, the premier publication in call center, CRM and teleservices industries since 1982. 


About IPVG Corp.
IPVG is publicly listed on the Philippine Stock Exchange (PSE Ticker Symbol: IP) and engaged in the information technology and communications space in South East Asia. IPVG owns three operating subsidiaries in: (i) Information Technology and Telecommunications (IT&T); (ii) on-line gaming, and (iii) Business Process Outsourcing (BPO) with presence in the Philippines, Singapore, Hong Kong, Vietnam, India, Panama, United Kingdom and USA.
  



IP E-Games Partners with Korean Game Developer ESTsoft: New-Age Action MMORPG CABAL Online to be Launched

Makati City, 25 March 2008 - IP e-Game Ventures Inc. (IP E-Games), a subsidiary of IPVG Corp. (PSE: IP), seals game publishing and distribution deal with Korean game developer, ESTsoft. The leading gaming publisher is set to launch its newest massively multiplayer online game (MMORPG), CABAL Online.

“CABAL Online is one of the most awaited MMORPG in the Philippines. As we speak, we have gamers speculating who will bring it to the Philippines,” said Heidi Mendita, IP e-Games Group Product Manager. “The success of CABAL Online in other regions convinced us to bring it here as part of our commitment to bring the best games for the Filipino gamer,” she adds.

CABAL Online is a unique third-person MMORPG that combines futuristic, fantasy and medieval themes into one action-packed, sophisticated role playing adventure. It is expected to be one of the biggest titles to hit the Filipino online gaming community.

The game has been successfully launched in Asia, Europe, and America (including USA and Canada), gathering 20,000,000 registrations across the globe. In Vietnam, CABAL Online recorded a maximum of 75,000 concurrent users at any given time.

Filipino players were first exposed to CABAL Online during the European Server Closed Beta, building up their anticipation for the game.

"We believe that Cabal is the only Free-to-Play MMORPG out there that can break the barriers between online and console gaming,” remarks Mark Ng, Product Manager for CABAL Online. “With CABAL Online, we expect to increase our existing user base by appealing to console and hard core gamers.”

 
The story behind CABAL

CABAL Online is a quest-based MMORPG that boasts of elaborately detailed three-dimensional graphics, beautiful costumes and characters, and stimulating storyline.

Staged hundreds of years into the future, the story is staged in the kingdom of Nevareth, where a conspiracy threatens to destroy the stability and peace of the colonies. The players are entrusted with the task of facing the invaders of Nevareth and uncover the plot to destroy the world.

The game boasts of six playable characters namely: (1)Warrior (2) Blader (3) Wizard (4) Force Archer (5) Force Sheilder and (6)Force Blader

A unique experience awaits local gamers in CABAL Online. The game’s exceptional features include the following:

• The Global Positioning System (GPS) shows the player’s current location as well as party members, NPC and quest dungeons, warp gates as well as hunting field and difficulty level of monsters.

• Skill Points (used to improve battle skills) and Character Stats (strength, dexterity, and intelligence) develop separately so they can freely schedule their leveling activities according to their target level or skills.

• The complex storyline of the game also allows players to take on hundreds of quests and grow their characters consistently even without too much grinding and party leveling.

• Battle experience is also intensified by the Combo System, a function that allows users to continuously execute multiple skill attacks with no cool time.

• At certain level, players can undergo quest that will give them the privilege of owning a futuristic core-driven hover bike called Astral Bike.

• Nation Battles involve the allying of players to a nation (Capella or Procyon) by undergoing a nation quest. Players can kill other characters of opposing nation in this feature.

Even with the high-grade features offered by the game, CABAL Online is designed to run even on low-end computers while still maintaining its scintillating action scenes, lifelike environments, ornate decorations, detailed characters, and non-stop fast action.

“We are happy that ESTsoft entrusted CABAL Online to us. ESTsoft and IP e-Games have the same values and mission, and that is to bring the best games to the industry. We expect a lot of great things from this partnership that will benefit Filipino gamers,” Mendita closes.

To get a quick view on Cabal Online, visit http://cabal.com.ph

About ESTsoft
Founded in 1992 and incorporated in 1993, ESTsoft is a leading software development company in the Republic of Korea. From end-user utilities to enterprise class turn-key business solutions, each ESTsoft title enjoys continual growth thanks to their millions of loyal users. ESTsoft`s main product families include the ALTools suite of PC utilities, the InternetDisk web storage solutions, and the Massive Multi-Player Online Role Playing Game (MMORPG), Cabal. ESTsoft products have over 50 million installations and over 25 million loyal users. For more information log on to:
http://www.estsoft.com

About IP E-Games

IP E-Game Ventures, Inc. (IP E-Games), is a subsidiary of IPVG Corp. (PSE: IP) that operates the online gaming business unit of the company. IP E-Games has the exclusive distribution rights to the #1 MMORPG RAN Online, #1 Casual Games O2Jam and Audition, Supreme Destiny and Presidential Award recipient Korean game Granado Espada. IP E-Games is ranked #1 online games publisher in the Philippines and holds the top three titles in the Philippines namely - RAN Online, #1 MMORPG plus O2Jam and Audition #1 rhythm and dance casual games, respectively. IP E-GAMES strategic minority investors include the Philippine Star Group and E-Store Exchange (an affiliate of GMA7). For more information log on to: www.e-games.com.ph

 



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