Press Release

IT Territory Acquires License for Simutronics' HeroEngine for its Upcoming Fantasy MMO Game

Simutronics announced today that IT Territory, the number one online game company in Russia, has licensed the Simutronics' HeroEngine platform to develop its new MMO title.

Today MMO games are one of the fastest growing segments of the video game market bringing in billions of dollars in global revenues. According to DFC Intelligence, by 2011 global revenues from online games may reach $13 billion USD per year. Millions of people all around the world socialize and compete with each other in the virtual worlds of EverQuest, World of Warcraft, Lineage and other popular MMO games.

"We want to push forward the development of online games in Russia," said Igor Matsanyuk, the President of IT Territory. "We've selected Simutronics' HeroEngine because it has a complete tool set and has the best solutions and environment for developing a top-notch MMO title. We wanted to see the results of our work fast, and our team needed a technology that was both sophisticated in its results and yet easy enough to work with! Thus HeroEngine was a perfect fit for us."

Simutronics first launched HeroEngine as a licensed development platform in 2006 after five years of development. Since that time the Simutronics team has added dozens of new features and integrated key technologies from the leading middleware vendors in the videogame industry. HeroEngine is being used worldwide by development teams looking for faster time to market through the HeroEngine's unique collaborative development as well as its unique tools for rapid prototyping and world building and its content pipeline that is optimized for the needs of MMO development teams.

"IT Territory is at the forefront of online multiplayer game development in Russia. We are excited about their project and we are thrilled that HeroEngine is going to be a key technology as they go forward," said David Whatley, Simutronics founder and CEO and one of the creators of HeroEngine.

About Simutronics
Simutronics Corp. is the leading creator of advanced technology platform for developers in the multi-billion dollar global market for massively multiplayer online (MMO) games. Its HeroEngine platform provides a complete technology solution for MMO developers, which takes years off time to market by providing a streamlined creative pipeline and a complete toolset in an integrated turnkey solution. More information on HeroEngine is available at www.heroengine.com. Corporate information is online at www.play.net/corporate. Simutronics has offices in St. Charles, MO and Gaithersburg, MD.

About IT Territory
IT Territory is the number one game company on the Russian market with over 5 million people playing its MMO games. Founded in 2004, IT Territory has been a developer and publisher of MMO games and casual games while developing the leading game distribution network in Russia and Eastern Europe. IT Territory has launched 13 MMO games, including the number one Russian online game «Legend: Legacy of Dragon» and the highly successful MMORPG «Territory». IT Territory owns the largest Russian gaming portal Games.Mail.Ru which was created in conjunction with Mail.Ru. By the end of 2008 IT Territory is planning to release 7 new MMO titles in various genres, including role-playing games, social games and strategies. It's also planning to localize 3 client-based online games and will launch its own online payment system called Game Money.