GREE and SK telecom, Korea's Largest Mobile Carrier, Agree to Comprehensive Business Partnership- GREE Expands into Korean Market through "T store" Apps Market -

TOKYO, Japan - August 8, 2011 - GREE today announced its business partnership with SK telecom, Korea's largest mobile carrier, for application sharing and business promotion.

As the largest mobile carrier in Korea, SK telecom adopted communication systems such as CDMA, 3G CDMA and 3.5G HSDPA in the past, and has had leading success in the 4G market. The company has over 50% market share in Korea's total mobile market, with a user base of 26 million. It also operates "T store", the first app store service in Korea which was launched in September 2009.

As the first initiative in the business partnership, GREE will open a special section within "T store" that provides social gaming titles by GREE.

GREE will continue to provide the leading mobile social gaming ecosystem for users around the world, by creating high-quality content in collaboration with established global partners, and enable deeper person to person interaction within games. In addition to these global business plans, the new partnership will play a particularly crucial role in helping GREE's expansion to Korea.

About GREE, Inc.

GREE provides Japan's leading mobile social networking service, and is at the forefront of mobile technology. With over 26 million users, GREE was ranked as Japan's fastest-growing tech company by Deloitte Touche Tohmatsu in 2010. GREE is expanding globally, and acquired OpenFeint to enter the global market. Combined, the two networks reach over 130 million players and offer over 6,000 games. GREE aims to build the best mobile social gaming ecosystem for users and developers worldwide.

GREE and the GREE logo are registered trademarks of GREE, Inc. in Japan. All other trademarks are the property of their respective owners.

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