HanbitSoft announces that Mythos is now live in Europe, offering this hack-and-slash MMORPG originally developed by Flagship Studios before the studio closed. Here's word on the game's free-to-play business model: "There are no monthly fees, and regular updates and enhancements will be available free of charge. Mythos also has an item shop where players can purchase in-game items for small sums of money. For those who like their exclusives, the box version of Mythos is available at local retailers and provides players with an item voucher worth £10 for a variety of exclusive in-game items." Here's a feature list:

• Hack’n’Slash meets Online-Role-Playing
• Randomly generated dungeons and items
• Extensive crafting and item upgrade systems
• Rewarding achievement system
• Fully-customizable range of three character classes and four races
• Challenging single player and multiplayer PVP battles
• Free regular and extensive updates with new game content
• No monthly fees, free to download