Lineage on its way to the PlayStation Network? NCsoft struck an exclusive arrangement with Sony, but there are no details regarding the names or types of games in developement. Both existing and new IP are under consideration. Full release after the jump.

NCsoft Signs Exclusive Game Development Deal with Sony Computer Entertainment

World's leading publisher of online computer games to create products
for PlayStation(r) platforms

Santa Monica, Calif., July 11, 2007 - NCsoft(r) Corporation
(KSE:036570.KS), the world's leading developer and publisher of online
games today announced an exclusive game development deal with Sony
Computer Entertainment Inc. (SCEI) that provides for NCsoft to create
several online games for SCEI's PlayStation(r) platforms, including
PLAYSTATION(r)3 (PS3(tm)) and PSP(r) (PlayStation(r)Portable),
accessible through PLAYSTATION(r)Network. The announcement was made
today at the E3 Media and Business Summit taking place in Santa Monica,
California.

Although company officials did not divulge any details regarding the
names or types of games in development, NCsoft officials did say the
games would be created from both existing intellectual properties (IP)
owned by NCsoft, as well as new IP.

"This is a great step forward for online gaming," said Geoff Heath, CEO
of NCsoft Europe. "We are delighted to be working with Sony Computer
Entertainment. PS3, with its advanced Cell Broadband Engine(tm) and
standard hard disc drive on every unit, has already demonstrated it is a
truly versatile online platform that gives NCsoft the potential to
create massively multiplayer environments. Together with the
Internet-enabled PSP, we're confident that SCEI and NCsoft can develop
unique and compelling online experiences that will be found on no other
platform."

NCsoft is known for its highly successful online game products such as
the Guild Wars(r) and City of Heroes(r) brands and its flagship product
Lineage(r), which has a customer reach of more than 70 million
worldwide.

"NCsoft has established itself as one of the preeminent developers in
the online space," said Riley Russell, vice president of third party and
developer support, Sony Computer Entertainment America. "Their track
record of creating successful online games is exactly what we are
looking for as we grow the PLAYSTATION Network, delivering new, rich
experiences on both PS3 and PSP. SCEI's hardware leadership matched
with NCsoft's extensive online experience are the hallmarks of what is
sure to be a fruitful relationship for both companies, ultimately
benefiting our core audience — the gamer."