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Since the SEK is no more, I guess that Ubi (they own the rights now) have little desire to create a sequel to an unknown game. One of the developers planned on buying the rights to Paraworld (several years ago), but afaik he hasn't done that yet.
Hi LoRd, welcome to the Para-welt forum Except for the mods CEP and Mirage there are no plans for more products for the game yet. Maybe the license will be bought by another company one day, like Wiggles was, but there is no information about a sale yet