All true...for EQ1 and 2. But reading this thing, it seems like they're treating the lore of the previous games less as a timeline to follow, and more as a pool of story concepts that they can pull from, and reassemble in new ways.
Hence, we get things like the Combine Empire (and all the races in it) predating the creation of the dark elves, the elves being driven from Antonica by the dragons, rather than Sol Ro, why the continent is also not called Tunaria (I think the name mentioned a couple times is 'Allamaria', but I'm going off memory, and probably completely screwed that up), and I presume that the curse of the Rathe is no longer going to be a thing for ogres.
So yeah, going off that short story, I wouldn't expect EQ1 and EQN lore to match up more than, like, 50%.