Looks like NCsoft has licensed the new Unreal Engine 4 from EPIC Games. The license is reported to be for an as-yet unannounced game the developer is working on.

Official Press Release

CARY, N.C. and SEOUL (February 14, 2013) – Epic Games, Inc. has licensed Unreal Engine 4 to NCSOFT through a long-term deal that grants the renowned publisher and developer of massively multiplayer online (MMO) games to utilize Epic’s groundbreaking technology and tools for upcoming projects. NCSOFT secured its license through Epic Games Korea and is the first Korean studio to license Unreal Engine 4.

“Unreal Engine 4 is an extremely fascinating game engine in terms of its unprecedented efficiency and performance,” said James Bae, chief product officer of NCSOFT. “We plan to release our best game ever using our Unreal Engine expertise and the new state-of-the-art Unreal Engine 4 tools.”

“NCSOFT’s first Unreal Engine mega hit, ‘Lineage II,’ has remained in Korea’s top 10 games for 10 years, and people have been blown away by the leading-edge Unreal Engine 3 visuals of ‘Blade and Soul,’” said Ray Park, territory manager for Epic Games Korea. “With Unreal Engine 4 in their hands, NCSOFT is set to redefine MMORPG success all over again.”

Under this new agreement, NCSOFT is building onto its track record of shipping top-tier games of massive size and scale using Unreal Engine technology. The studio’s Unreal Engine 2-powered “Lineage II” has blazed trails across the MMO landscape and has sustained a massive player base over the past decade. Their top-ranking “Blade & Soul” was developed with Unreal Engine 3 and has become one of Korea’s most popular games. “Blade & Soul” recently swept the 2012 Korea Game Awards, winning the coveted Presidential Award along with top technical honors for best graphics, sound and character.

Additional details around NCSOFT’s Unreal Engine 4 projects have yet to be announced.