

Jeong Jaesung returned as the company's president, and even Sailon Soft's Yang Jaeyoung returned 2. In 2001, members of Mirinae Software formed the new company "Mirinae Entertainment". They maintained a steady output of well received software until 1997, but during the East Asian financial crisis Mirinae came into financial troubles and silently slipped into oblivion. In 1996, Mirinae also released their development tools under the title Daejanggan ("The Forge") to the public and acquired the internet technologies company CH software 1. In 1994, half of the staff left Mirinae to form Sailon Soft, but the two companies kept cooperating for many years, and Mirinae published the Sailon games Rose Knight and Mission: Spirit of Justice.

The company name stemmed from the old, purely Korean word for the milky way (as opposed to the Sino-Korean term eunhasu, which is used in modern times), and their advertisements would often plead on the gamers' nationalist spirit. As the only team that really made a successful transition from early home computers to modern PCs, Mirinae was the most traditional developer in the 1990s and famous for their eager commitment to the domestic gaming industry.
