Archlord closing down?

I got this in my mail today can someone confirm this is whats about to happen with this game???

Dear xxx,

It is with much sadness that today we announce our intention to close the European and North American ArchLord game servers operated by Codemasters Online.

Our licence for ArchLord is due to expire shortly and unfortunately, after several weeks of negotiations with NHN, the Korean developers of the title, we have not been able to reach an agreement to renew the contract, therefore the service will be transitioning across to Webzen.

This means that Codemasters will no longer have the right to operate the service in the Western territories it currently provides service in and therefore we are obliged to shut down all associated game services before the licence expires.

The last full day of service will be 1st October, 2009. All ArchLord world servers will shut down on the morning of Friday 2nd October, UK time. Further details of how the transition of the service will be handled, will be provided closer to the time of the transition.

The purchase of credits is now no longer available to ensure all players have the opportunity to spend their remaining Chantra credits in game and use their remaining Chantra items. Likewise, the creation of new ArchLord game accounts/subscriptions is now disabled. For further information, please see our ArchLord Service Transition FAQ in the forums..

ArchLord was Codemasters Online's first free to play MMO service and we have been very proud of its development and success during its three years of existence. Over that time the service has gone from strength to strength and has one of the most passionate communities we've ever seen.

We'd like to take this opportunity to thank everyone who supported ArchLord and those players that not only played it, but also raised an army and ruled the world in Chantra.

Thanks,
The Codemasters Online Team.

I found this info as well about a transition!

ArchLord Transition FAQ

Who will be running the next Western Archlord service?
Webzen will be hosting the next Western Archlord service.

What is the website address of the Webzen Western Archlord service?
archlord.webzen.com

When can we log into the Webzen Western Archlord service?
Players will be able to log into the Webzen Western Archlord service from the 3rd October 2009. Please visit archlord.webzen.com for further information.

What information is being passed from Codemasters Online to Webzen?
Codemasters online will transfer to Webzen all game data such as character data and game server data along with usernames and transition keys. Codemasters online will not be transferring personal identifiers or any Codemasters online account information to Webzen.

What will happen to our characters?
All character data is being passed to Webzen once the Codemasters’ service is closed on 2nd October 2009. We have no further information regarding the use of this character data in Webzen service, please visit archlord.webzen.com for further information.

If our characters are transferring to another service, will it just be the character or all items and equipment as well?
Webzen will make an announcement regarding character data on their website, please visit archlord.webzen.com

How do I gain access to the Webzen Western Archlord service?
Your transition key will be visible on your Codemasters online account page, please log in using the following link to retrieve it https://cogaccounts.codemasters.com/

For full details of how you use your transition key to gain access the the Webzen Western Archlord service please visit archlord.webzen.com

Are all servers transferring separately, i.e. Brumhart to a new Brumhart, Gaiahon to a new Gaiahon, etc?
Please visit archlord.webzen.com for more information

Will Cyripus maintain its hardcore rule set?
Please visit archlord.webzen.com for more information

Will everything on the auction house transfer onto the new auction house or need to be reapplied?
Please visit archlord.webzen.com for more information

Will accounts that are banned on Codemaster’s service be unbanned on the new service?
Codemasters will not be supplying transition game keys (used to login to the new service) to banned players.

What happens to unspent credits after the service closes?
Unfortunately Webzen will not be transferring the credit balances of current players into their Western Service. Credits should be spent before the Codemasters’ service closes on 2nd October 2009. As a thank you from Codemasters we have discounted all the items in the shop by 50% for the remainder of the Codemasters Western Archlord service to offer you more value for your credits in the last month of our service.

What happens to unused Chantra items after the service closes?
Please visit archlord.webzen.com for more information

What version will the new service be running?
Please visit archlord.webzen.com for more information

If the new service is using a later version will we be granted a free skill re-spec?
Please visit archlord.webzen.com for more information

Will the game continue to be provided in English, French