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Founder of Asiasoft Honored with The Spirit of Enterprise Award

- First online gaming company to emerge as honorees from a pool of 144 Nominees -

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13th October 2008, Singapore – Asiasoft Online (“Asiasoft”), the leading publisher of Massively-Multiplayer Online Games (MMOGs) in Southeast Asia, announces its Chairman, Mr Sherman has been recognised for his undying entrepreneurship spirit to grow the company to its current status by The Spirit of Enterprise. Being an entrepreneur for 18 years in the print, imaging and software business before founding AsiaSoft as the Chairman in 2001, he has since grown the company all across Southeast Asia. In Thailand, the company achieved many firsts; the No.1 Online game Operator Award; the first to achieve ISO certification as well as recently listed on the bourse of The Stock Exchange of Thailand (“SET”).

“We are glad to award the honor to Mr Tan and his company for his non-stop fighting spirit being an entrepreneur in Singapore,” said Mr Henry Tan, President of The Spirits of Enterprise. “Being a beacon to new start-ups in the gaming entertainment arena, we believe he will inspire many Singaporeans, especially the young to become entrepreneurs through interaction, communication and knowledge dissemination between students, the entrepreneurs and the general public.”

“Asiasoft is honored to receive this prestigious award from The Spirit of Enterprise, and I am proud of my dedicated staff in shaping and grow the company with me,” said Mr Sherman Tan, Chairman of AsiaSoft. “We will continue to strive what is best for the company in the near future and hope to inspire many to make our unique industry more robust.”

Founded in 2001, AsiaSoft oversees the development, publishing and distribution of online game titles in South-East Asia and many popular on-the-shelf game titles. AsiaSoft is also the sole distributor of Blizzard products in Singapore, as well as handling popular online games payments and transactions. More information on the journey of Asiasoft entrepreneur days can be found at http://www.soe.org.sg/files/interview2008.php?i=257&a=&c=&year=2008 and the company website can be found at http://www.asiasoft.net/en/main_en.htm.

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About Asiasoft Online Pte Ltd
Asiasoft Online Pte Ltd publishes Massively-Multiplayer Online Games (MMOGs) in Singapore and Malaysia. Incorporated in 2004, Asiasoft Online Pte Ltd assists game developers to tap onto the growth potential of the South-East Asia region.

Asiasoft Online Pte Ltd publishes “MapleStory”, “Audition”, “GetAmped”, “Grand Chase”, “CABAL Online”, “Richman Online”, and distributes “SilkRoad Online”. Asiasoft Online Pte Ltd is also the Official Distributor for Blizzard Entertainment’s record breaking title “World of Warcraft”.

Asiasoft Online Pte Ltd is part of the Asiasoft group of publishing companies with a presence in Singapore, Malaysia, Thailand and Vietnam serving over 15 million registered gamers.

Committed to developing the regional online gaming community, Asiasoft Online Pte Ltd works with content developers and industry partners to entertain and engage casual gamers and netizens. Content localization, marketing and game service management are deployed by specialized and dedicated professionals, for game developers, in an integrated services platform.

About Spirit of Enterprise
Spirit of Enterprise (SOE), an Institute of Public Charter, promotes and advances entrepreneurial spirit in Singapore by honoring local self-reliant entrepreneurs operating small and medium-sized businesses, and serves to inspire Singaporeans, especially the young, to become entrepreneurs by facilitating interaction, communication and knowledge dissemination between students, the entrepreneurs and the general public. Its key programs include Spirit of Enterprise Awards, Student-Entrepreneur Program, and SOE Books on Entrepreneurship distributed free to local university and polytechnic business school courses.
SOE is funded by the private sector and its board of governors which consists of established entrepreneurs, corporate senior management, students, public service and political leaders. For more information, please visit http://www.soe.org.sg.

About Spirit of Enterprise Awards
The Spirit of Enterprise Awards has been held every year since 2003 and the ceremony will be held on the 10th October 2008 at The Pan Pacific Hotel, Singapore. Guests will include figures from industry, academia and the Minister of State for Trade and Industry Lee Yi Shyan will give a presentation to the entrepreneurs and students present.

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