Austrian publisher JoWooD Productions Software AG (ATXPrime: JWD) and German development studio Piranha Bytes (Pluto 13 Ltd.) are pleased to announce the accommodation of all differences and disagreements of the past months. Both companies continue to work on their respective projects without excluding further cooperation in potential future projects.

Currently, JoWooD Productions is working together with Spellbound Entertainment Inc. on the fourth part of the Gothic-series; Piranha Bytes puts its efforts into a new Role-Playing Game with the working title "RPB". The JoWooD-branded Gothic products available in stores will remain within the worldwide distribution network of JoWooD Productions Software AG in the future.

"We are happy that we put aside our differences with the company Pluto 13. After a long and successful period of cooperation, it was of great concern to find the best possible solution for both parties! We are proud to continue with the marketing of products of the Gothic-series and will fulfil the high-quality expectations of its loyal fans", explains Dr. Albert Seidl, CEO JoWooD Productions.

"Our differences in the past are history. By putting them aside, Piranha Bytes as well as JoWooD get back to accomplish constructive-minded work full of vim and vigor. For the development studio Piranha Bytes that implies: the development of entertaining and high-class Role-Playing Games," as Mr. Michael Rüve, managing director Pluto 13, points out.