Reakktor Media GmbH completes insolvency proceedings

Hannover, November 5th, 2009 -

Reakktor Media GmbH announces the abrogation of the current insolvency proceeding. The insolvency plan, suggested by insolvency administrator Rainer M. Baehr, was accepted by all creditors. Due to the support of a solvent investor, the financial reorganization of the company could be carried out successfully and all jobs have been saved. Despite the insolvency proceeding caused by the insolvency of Reakktor’s parent company, the highly anticipated Space Action MMO "Black Prophecy" ( http://www.blackprophecy.com) will be released next year and set new standards in the genre.

Please consider the insolvency administrator's attached press release for further details.

About Reakktor Media GmbH

Reakktor Media GmbH is one of the world’s leading development studios for interactive entertainment software and multimedia productions with its headquarters located in Hannover, Germany.

Founded in 1991, Reakktor Media has developed more than 20 international computer and video games for different platforms, as well as numerous multimedia productions meeting international standards.

In 1999, with the development and worldwide operation of the successful Massively Multiplayer Online Games Neocron and Neocron 2, Reakktor Media expanded its core business into the online computer games market and has established an exemplary and, within Germany, unique competence in this field.

Building on this extensive experience in developing and operating Massively Multiplayer Online Games, Reakktor Media has been developing the next-generation Space Action MMO“Black Prophecy” since 2006.

Reakktor Media, Black Prophecy and Neocron are trademarks of Reakktor Media GmbH, respectively of AAA Capital Game Production and Sales GmbH&Co. Funds No. 2 KG.

All other trademarks are the property of their respective owners.


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