NCsoft Corporation today announced an exclusive game development deal with Sony Computer Entertainment to create several online games for SCEI's PlayStation platforms including PLAYSTATION 3 and PSP accessible through PLAYSTATION Network. The announcement was made today at the E3 Media and Business Summit taking place in Santa Monica, California.

Although company officials did not divulge any details regarding the names or types of games in development, NCsoft officials did say the games would be created from both existing intellectual properties (IP) owned by NCsoft, as well as new IP. NCsoft is known for its online game products such as the Guild Wars and City of Heroes brands and its flagship product Lineage, which has a customer reach of more than 70 million worldwide.