This news just out...SSII trading at 3/8 to 7/16...
Sound Source Interactive to Bring 'The Land Before
Time' to Sony PlayStation
Company to Introduce Stealth Learning Video
CALABASAS, Calif.--(BUSINESS WIRE)--Sept. 15, 1999--Sound Source Interactive Inc. (Nasdaq:SSII - news)
Wednesday announced that it has begun product development for the Sony PlayStation(tm) console format.
The Company will produce a complete line of PlayStation video games designed for children in the 5-to-8-year-old age
category, leading off with two titles based on the dinosaur characters and adventures from Steven Spielberg's ever-popular
animated video franchise ''The Land Before Time''(tm).
''Sony has recognized the potential of the under-12 market for PlayStation and we are now in a position to capitalize on that
potential, using the quality licenses we have in place,'' said Vincent J. Bitetti, chairman and CEO of Sound Source Interactive.
''Our 'The Land Before Time' CD-ROM series has sold in excess of 600,000 units and has been translated into 10 foreign
languages to date. Additional CD-ROM titles based on the series will ship worldwide in seven languages this fall. We believe
sales of the PlayStation format will far exceed the CD-ROM numbers and will garner a higher retail price point.
''The Land Before Time'' PlayStation titles will feature complete prehistoric worlds. Current product designs remain
confidential, but the products will be marketed under the new Stealth Learning(tm) umbrella which has been created specifically
for game console formats.
A compelling, immersive 3D environment will promote extended educational play as children have fun with their favorite ''The
Land Before Time'' characters. ''Parents will come to know that the Stealth Learning logo means both quality and depth of
intelligent interactivity for kids on the PlayStation. We're reaching beyond the 'run, punch, jump and die' mentality of standard
video games,'' said Bitetti.
''Sound Source has done a wonderful job producing CD-ROM titles based on this franchise,'' said Nancy Cushing-Jones,
president, Publishing Rights, Universal Studios. ''Universal plans more direct-to-video releases in the future and we believe the
Sound Source Sony PlayStation video game titles will be an exciting addition to the family.''
Sound Source Interactive is a leading publisher of children's interactive CD-ROM software in the United States. The company
is a comprehensive software studio, producing an expanding list of award-winning software products that are based on licensed
content derived from popular children's literature, major motion pictures, video franchises and long-standing television series.
The company has exclusive licenses from Universal Studios, Viacom (Paramount Pictures Corp.), Warner Bros., MGM/UA,
Harvey Entertainment Co., 20th Century Fox, New Line Cinema, Sony Signatures and others. Their products are available at
major retailers including Sam's Club, Wal-Mart, Target, Costco, Best Buy, Zany Brainy, Toys R Us and CompUSA. Sound
Source Interactive has headquarters in Calabasas, and trades on the NASDAQ under the symbol SSII.
Universal Studios Consumer Products Group is part of Universal Studios, a diversified entertainment company and a
worldwide leader in motion pictures, television, music, home and location-based entertainment. Universal Studios is a unit of
The Seagram Company Ltd., a global beverage and entertainment company.
Contact:
Sound Source Interactive Inc., Calabasas
Fran Cooley, 818/878-0505, ext. 105
Andrea Frechette, 818/878-0505, ext 106, Media
Fax: 818/871-1972
e-mail: Afrechette@ssiimail.com
or
Universal Studios Consumer Products Group
Debra Jackman, 818/777-3188, Media
Fax: 818/866-1584 |
