O-STA

Crytek Announces Opening of their New Studio in Budapest, Hungary

Frankfurt / Budapest (ots) - Crytek GmbH, the leading independent German game developer behind the critically acclaimed game Far Cry and the highly anticipated game Crysis, today announced the opening of their newest studio in Budapest, Hungary as part of their continuing strategy to leverage their CryENGINE 2 technology and expand the number of gaming genres for which they are developing new products.

"After considering a number of different options over the last two years, we chose to open our next studio in Budapest because it is both a wonderful city in which to work and live, and because we were able to draw on a significant pool of very qualified and experienced game development talent already in place there." said Avni Yerli, Managing Director of Crytek. "We think it is a great way to widen our horizons and develop for a new gaming genre while continuing our company's strategic growth and expansion. It is also an opportunity to further leverage all the effort that our team has put into developing our proprietary CryENGINE 2 technology while building on our tradition of producing the highly innovative and creative kind of games for which we are known."

About Crytek GmbH

Crytek GmbH ("Crytek") Voted "Best Independent European Studio 2004" and "Best Independent New Studio 2004 Worldwide", creator of the multiple award winning true next-generation first person shooter Far Cry, and the upcoming blockbuster hit Crysis, is an interactive entertainment development company with its headquarters located in Frankfurt/Main, Germany and additional studios in Kiev, Ukraine and Budapest, Hungary. Crytek is dedicated to creating exceptionally high quality video games for the PC and next-generation consoles, powered by their proprietary cutting edge 3D-Game-Technology CryENGINE 2(R). For more information about Crytek, please visit http://www.crytek.com . Developers who are interested in obtaining a commercial license for the CryENGINE 2 middleware should mail their enquiries to cryengine@crytek.com.

Contact:

Harald Seeley

Engine Business Manager

+49 (0) 69 219 7766 69