'Rohan' Granted Approval from GAPP, C Y Foundation Announces Kick off of Pre-launch Test for Guild

'Rohan' Granted Approval from GAPP, C Y Foundation Announces Kick off of Pre-launch Test for Guild

HONG KONG, Aug. 13 -- The PRC's leading digital entertainment company, C Y Foundation Group Limited ("C Y Foundation" or the "Group"; HKEx: 1182) announced it received approval from The General Administration of Press and Publication (GAPP) to operate Rohan, its flagship massive multiplayer online role playing games (MMORPG), in China -- the largest online game market in the world.

The approval is a major milestone for C Y Foundation's digital entertainment business in China. Rohan is among the top 10 MMORPG, in South Korea. Today the company kicked off a pre-launch test for guilds, a major core user group of the game. Early player feedback has been positive, showing there is a large player base that is highly anticipating the eventual launch of the game in China.

C Y Foundation is heavily promoting the official Rohan website in China (http://www.rohan.com.cn/ ) and will accelerate the game's development and marketing at local levels across the country. The Company will disclose more aspects of Rohan's storyline to fans and prepare for a major public beta test of the game soon.

About C Y Foundation Group Limited

The C Y Foundation is an interactive digital entertainment company that provides quality entertainment across China. It is dedicated to organizing and hosting P2P prize tournaments throughout mainland China. The C Y Foundation also operates a national electronic tournament platform that is promoted through a network of Internet cafes, and organizes the International Entertainment Festival (IEF), Asia's premier annual e-sports tournament.  IEF offers an online platform dedicated to daily tournaments at: http://www.iefgames.com/ .

  Website: http://www.cyfoundation.com/

  For further information, please contact:

  Porda International (Finance) PR Group
   Ms. Harriet Lau
   Tel:   +852-3150-6761
   Email: harriet.lau@pordafinance.com.hk

   Ms. Cara Pang
   Tel:   +852-3150-6736
   Email: cara.pang@pordafinance.com.hk

   Ms. Abbey Zhao
   Tel:   +852-3150-6752
   Email: abbey.zhao@pordafinance.com.hk

   Fax:  +852-3150-6728

Website: http://www.rohan.com.cn
              http://www.iefgames.com
              http://www.cyfoundation.com

Source: C Y Foundation Group Limited
   

CONTACT: Ms. Harriet Lau, +852-3150-6761, harriet.lau@pordafinance.com.hk;
Ms. Cara Pang, +852-3150-6736, cara.pang@pordafinance.com.hk; Ms. Abbey Zhao,
+852-3150-6752, abbey.zhao@pordafinance.com.hk; fax +852-3150-6728, all of
Porda International (Finance) PR Group for C Y Foundation Group Limited