Nintendo and GT Interactive Enter N64 Software Publishing Agreement
`Hexen' Among First Titles
NEW YORK--(BUSINESS WIRE)--Jan. 16, 1997--Taking another firm step into the burgeoning
64-bit games market, GT Interactive Software Corp has entered into an agreement with Nintendo
of America Inc. whereby GT Interactive will publish several software titles for the Nintendo 64, the
world's first true 64-bit game machine.
GT Interactive plans to publish up to three N64 titles in the next year for the North American
market, the first of which -- id Software's HEXEN -- is slated for introduction during the first half of
this year. In addition, this year GT Interactive will unveil one of the largest lineups of N64 titles from
an independent publisher for the European market as a result of its agreement with Midway Games.
GT Interactive's agreement with Midway provides the company with rights to all Midway titles for
console markets outside of the U.S.
"We are excited to be working with Nintendo to create software for the N64, the premier 64-bit
game machine," said Ron Chaimowitz, president and chief executive officer for GT Interactive. "By
combining the N64's impressive true 3-D processing capabilities with GT Interactive's captivating
lineup, we believe we will bring the gaming world some of its most entertaining software yet."
"We are excited to have a high caliber publisher such as GT Interactive creating innovative software
for the N64," said Howard Lincoln, chairman of Nintendo of America Inc. "With GT Interactive's
track record of bringing the world new and challenging play experiences, we are confident its N64
entries will provide the ultimate in entertainment."
Designed by Raven Software and co-produced by id Software, HEXEN is a highly realistic 3D
first-person combat action game that allows players to become one of three classes of heroes on a
nightmarish quest to destroy the evil rulers that once controlled them. Reactive environments will
provide a heightened sense of reality as players become immersed in HEXEN's spellbinding world.
Nintendo Co., Ltd., of Kyoto, Japan is the leader in the worldwide $15 billion retail video game
industry. Nintendo and its international subsidiaries have sold more than one billion video games
worldwide. As a wholly owned subsidiary, Nintendo of America Inc., based in Redmond,
Washington, serves as headquarters for Nintendo's operations in the Western Hemisphere, where
more than 40 percent of American homes own a Nintendo System.
Headquartered in New York, with offices in San Francisco, Minneapolis, Phoenix and London, GT
Interactive is a leading global publisher of interactive entertainment, edutainment and reference
software for IBM-compatible and Macintosh computers as well as 32- and 64-bit gaming systems.
Among the company's best-selling titles are Doom II, and Mortal Kombat 3. Located at
www.gtinteractive.com on the World Wide Web, GT Interactive is publicly traded on the
NASDAQ National market under the symbol GTIS.
CONTACT: GT Interactive
Allyne Mills, 212/726-4241
amills@gtinteractive.com
or
Dawn Berrie, 212/726-4235
dberrie@gtinteractive.com
or
Golin Harris
Alison Holt, 213/623-4200 |
