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Technology Stocks : ACCLAIM Entertainment

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To: Bill Fortune III who wrote (2862)5/18/2001 9:19:47 AM
From: Ms. Baby Boomer  Read Replies (1) of 4149
 
Turok hmmm, just in time for Jurassic Park 3...batter up >

and for the Yankees' fans...All-Star BB 2003....

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Acclaim Entertainment, Inc. to Support Launch of Xbox Video Game System From Microsoft With `Dave Mirra Freestyle BMX 2' and `All-Star Baseball 2003'

Company Currently Developing Additional Xbox(TM) Titles, Underscoring Commitment to Deliver Franchise Brands On Next-Generation Gaming Platforms

LOS ANGELES, CA--(BUSINESS WIRE)--May 18, 2001-- Underscoring its commitment to being a leading global publisher on the next-generation gaming platforms, Acclaim Entertainment, Inc. (NASDAQ: AKLM - news) today announced that it would support the Fall 2001 launch of the Xbox(TM) video game system with two of the company's premier brands, Dave Mirra Freestyle BMX 2 and All-Star Baseball 2003. Dave Mirra Freestyle BMX 2, the best-selling BMX game for any gaming system, will be available in the first wave of titles for the system, while All-Star Baseball 2003 will launch in the spring of 2003 and coincide with the commencement of the Major League Baseball season.

Acclaim has strategically focused its resources on the development of products for the next-generation gaming platforms and to that end, will have invested more than $100 million by the end of this year. The company currently has additional titles in development for the Xbox(TM) video game system that will be released within the next 18 months and is maximizing the talent of its internal development studios to create unique tools and proprietary engines to take full advantage of the platform.

``The introduction of the Xbox(TM) is testimony to the exponential growth of the interactive entertainment industry and will greatly enhance the breadth and depth of the entertainment experience for consumers,'' said Gregory Fishbach, chief executive officer of Acclaim. ``We're excited to have the opportunity to harness the power of this new system and are committed to enhance our proven franchise properties, as well as create new and innovative brands that will continue to set benchmarks within the industry.''

Dave Mirra Freestyle BMX 2

Developed by Z-Axis, Dave Mirra Freestyle BMX 2 is the much-anticipated sequel to Acclaim's original hit game Dave Mirra Freestyle BMX, which has sold more than one million units worldwide. Exclusively featuring ten time World Champion and 11 time X Games medallist Dave Mirra, and 2000 X Games Champion Ryan Nyquist, the title will allow players to create their own rider, choose sponsors and utilize a full park editor to create in-game tracks. In addition, Dave Mirra Freestyle BMX 2 will offer eight new fully interactive game environments that are four times bigger than its predecessor's and contain more than 1,500 tricks.

All-Star Baseball 2003

Building upon the tremendous success of All-Star Baseball 2002, which garnered a plethora of industry awards and accolades, All-Star Baseball 2003 is poised to take the franchise to an even higher level of game play and fun. With the endorsement of four time World Series Champion and All-Star game MVP shortstop Derek Jeter; authentic teams, stadiums, rosters and uniforms; and Cooperstown license, baseball is sure to be a homerun on the Xbox(TM) video game system.

About Acclaim Entertainment

Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a leading worldwide developer, publisher and mass marketer of software for use with interactive entertainment gaming-consoles including those manufactured by Nintendo, Sony Computer Entertainment and Sega as well as personal computer hardware systems. Acclaim owns and operates four studios located in the United States and the United Kingdom, and publishes and distributes its software directly in North America, the United Kingdom, Germany, France, Spain, Australia and the Pacific Rim. Acclaim also distributes entertainment software for other publishers worldwide, publishes software gaming strategy guides and issues ``special edition'' comic magazines from time to time to support its time valued brands, Turok and Shadow Man. Acclaim's corporate headquarters are in Glen Cove, New York and Acclaim's common stock is publicly traded on NASDAQ under the symbol AKLM. For more information please visit our website at www.acclaim.com

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