New Korean developer Reloaded Studios announces they've licensed Crytek's CryENGINE 2 to power an upcoming action/Strategy MMORPG. Korean MMORPG developer XLGames made a similar announcement a few weeks ago (story), so as Yogi Berra once put it, it's like deja vu all over again:

Frankfurt, Germany / Seoul, Korea, September 15 – Reloaded Studios, a recently formed Korean game development company, today announce that they have entered into a licensing agreement with Crytek, the German developers of the highly anticipated upcoming release, Crysis, for use of the award winning CryENGINE 2 middleware to develop their new Action Strategy MMORPG.

“Our technology team carefully reviewed and analyzed both the features and limitations of all of the major game engines and middleware solutions which are currently available to license, before making our choice.” says Ki-Yong Cho, Chief Executive Officer of Reloaded Studios. “No other engine came close to offering the dynamic features, developer friendly tools, or provided anything near the visual quality of the CryENGINE 2. We felt it was extremely important when our game is eventually released that it will still be able to stand apart from all other titles, either currently existing or presently in development, in what is now already a very competitive market. We felt only the CryENGINE 2 could support the dynamic content and massive landscapes we intend to build, let alone do justice to the unique art style we plan on bringing to our MMO. Licensing the CryENGINE 2 was an obvious and unanimous choice.”

“We are really looking forward to working together with Reloaded Studios on this exciting new game development.” said Faruk Yerli, managing director of Crytek, “The experienced team that Reloaded Studios has brought together will ensure they have the talent and resources to create a blockbuster hit with this title. When we saw the stunning concept visuals and exciting game design ideas they shared with us we immediately knew that what they have planned will be a true next-generation MMORPG, and become the kind of game which will set the visual and game play standards against which future MMO‘s will be judged.”