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Technology Stocks : Take Two Interactive Software (TTWO: Nasdaq) taking off!
TTWO 254.79+0.9%3:59 PM EST

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To: John Miz who wrote (6)5/29/1999 2:48:00 PM
From: BANCHEE   of 191
 
John
From Fri

Friday May 28, 9:11 am Eastern Time

Company Press Release

Take-Two Interactive Software Subsidiary TalonSoft
Announces Publishing Alliance With Sirtech Canada

Secure North American and International Publishing Rights for
long-awaited Jagged Alliance II

NEW YORK--(BUSINESS WIRE)--May 28, 1999-- Take-Two Interactive Software Inc. and its subsidiary, TalonSoft Inc.,
announced today that they have acquired publishing rights to Sirtech's Jagged Alliance 2. Under the agreement, the game will
be published under the TalonSoft label in the US, Canada, the United Kingdom, and China. Jagged Alliance 2 is expected to
be released in early August of this year.

Jagged Alliance 2 is the third installment in the best-selling Jagged Alliance series, developed by Ottawa-based Sirtech Canada
Ltd. Jagged Alliance 2 is the sequel to Jagged Alliance, which was released in 1995 and was named ''Strategy Game of the
Year'' by PC Gamer Magazine that year. Jagged Alliance 2 was recently released in Germany by Topware Interactive, and
held the number one spot on German sales charts for more than three weeks.

''TalonSoft is very pleased to be publishing Jagged Alliance 2; we think that Sirtech has done outstanding work on this
long-awaited sequel,'' said TalonSoft president, Jim Rose. ''With the new features and improved graphics, we think Jagged
Alliance 2 extends the high standards set by the original game.''

Jagged Alliance 2 offers players improved graphics, a host of new features, and an all-new storyline. Previewed during this
year's Electronic Entertainment Expo (E3), the game has received critical acclaim from both game players and the media. Steve
Bauman of Games Business magazine called Jagged Alliance 2 a ''1999 Hot Strategy Pick'' and PC Gamer magazine named
the game ''One of 1999's most imaginative games.''

''We're very pleased to announce that we'll be teaming up with Take Two and TalonSoft in bringing Jagged Alliance 2 to
market,'' said Sirtech's Ian Currie. ''We know there are many fans of the original Jagged Alliance games who are eagerly
awaiting this game. With Take Two and TalonSoft's help, we're going to get Jagged Alliance 2 to them as quickly as possible.''

The Sirtech agreement further solidifies TalonSoft's role as a publisher of triple-A strategy and war games. Best known for their
award-winning historical war games, TalonSoft is expanding its product line-up to include strategy and action titles like Jagged
Alliance 2 and Hidden and Dangerous, a new WWII strategy/action game also announced during E3.

About Take-Two Interactive

Take-Two Interactive Software, Inc. is an integrated global developer, marketer, distributor, and publisher of interactive
entertainment software games and accessories for the PC, Sony PlayStation, Nintendo 64, Nintendo Game Boy Color and the
Sega Dreamcast. Take-Two is headquartered in New York City, with publishing, marketing, and sales offices in the United
Kingdom, Germany, France, and Australia and a licensing office in Japan. The Company owns and operates the following
development and/or publishing studios: Rockstar Games, Mission Studios, GearHead Entertainment, Tarantula Studios and
TalonSoft. The Company maintains a broad reaching partnership with, and 19.9% equity interest in, Gathering of Developers,
the Dallas based corporate union of six of the world's premier game development companies. The Company's Jack of All
Games subsidiary is a global value added distributor of entertainment software with distribution offices in Cincinnati, New
York, London, Paris, Munich, Oslo, Stockholm Copenhagen and Sydney. The Company owns and operates DVDWave.com,
a Berkeley, California based Internet retailer of DVD movies. All trademarks and copyrights contained herein are the property
of their respective holders.

Safe Harbor Statement under the Private Securities Reform Act of 1995: The statements contained herein which are not
historical facts are forward-looking statements that involve risks and uncertainties including, but not limited to, risks associated
with the Company's future growth and operating results, the ability of the Company to successfully integrate the business and
personnel of newly acquired entities into its operations, credit risks, inventory obsolescence, technological change, competitive
factors, and unfavorable general economic conditions. Actual results may vary significantly from such forward-looking
statements. Take-Two undertakes no obligation to update forward-looking statements contained within this press release.

Contact:

Ryan Brant (financial), 212/941-2988
Fax: 212/941-2997
or
Mark Moon (media), 410/933-8930
Fax: 410/933-1740
E-mail: talonsoft@compuserve.com
or
Wolfe Axelrod Associates, New York
Donald C. Weinberger
Stephen D. Axelrod, CFA
212/370-4500
Fax: 212/370-4505
E-mail: don@wolfeaxelrod.com
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