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Technology Stocks : GTIS: Is there a better bet for Christmas sales?

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To: Bill Gizzo who wrote (405)2/11/1997 11:23:00 AM
From: Bill Gizzo   of 432
 
GT News:
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Feb. 11, 1997--Sega of America and GT Interactive Software Corp. Tuesday announced that "QUAKE" and "Duke Nukem 3D," two widely acclaimed 3D PC games, are in development for release on the Sega Saturn. "QUAKE" on Sega Saturn is expected to be the first version of the popular PC game shipping on a next generation video game console. "The frenzy `QUAKE' has created in the PC gamer market has been phenomenal and has made it one of the most requested titles by Sega Saturn owners," Bernie Stolar, executive vice president, Sega of America, said. "We are adding new features to these games, like interactive light sourcing and enhanced audio, to give our Sega Saturn gamers a more intense experience with these popular PC-originated titles." "QUAKE" was designed by id Software using a completely new 3D "engine" -- the first new core technology from id since "DOOM" -- which allows gamers to move through "QUAKE's" world at high speeds without sacrificing the games intense graphics. "Duke Nukem 3D," one of the best-selling PC games ever, is a first-person perspective shooting game played in full 3D interactive environments developed by 3D Realms Entertainment. With headquarters in New York and offices in London, San Francisco, Seattle, Phoenix and Minneapolis, GT Interactive Software Corp. is a leading global publisher of interactive entertainment, edutainment and value-priced software marketed under the GT Interactive, Humongous Entertainment and WizardWorks brands, for IBM-compatible and Macintosh computers, as well as 32- and 64-bit gaming systems. Located at www.gtinteractive.com on the World Wide Web, GT Interactive is publicly traded on the NASDAQ National Market System under the symbol GTIS. Sega of America is the arm of Tokyo-based Sega Enterprises Ltd. responsible for the development, marketing and distribution of Sega videogame systems and videogames in the Americas. Sega Enterprises Ltd. is a nearly $3.6 billion company recognized as the industry leader in interactive digital entertainment media, and is the only company that offers interactive entertainment experiences both inside and outside the home. Sega of America's World Wide Web site is located at (http://www.sega.com).
Cheers
Bill
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