Perfect World Entertainment announces Swordsman Online, which is the working title of an upcoming MMORPG based on the popular martial arts novels by Louis Cha (Jin Yong). "We are extremely excited to be announcing Swordsman Online as a working title and setting our precedence for unveiling cutting edge games at E3," said Dr. Alan Chen, CEO of Perfect World Entertainment Inc. "Swordsman Online highlights our commitment to constantly push the industry envelope and what it means to be a free-to-play game. Players should never have to settle or compromise on game quality regardless of business model and we want players to expect more from their MMOs." No release date is projected at this point.