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Technology Stocks : Take Two Interactive Software (TTWO: Nasdaq) taking off! -- Ignore unavailable to you. Want to Upgrade?

To: DELT1970 who wrote (57)	4/17/2000 4:27:00 PM
From: Starlight	Respond to of 191

Game console 'could be used in missiles': telegraph.co.uk

To: DELT1970 who wrote (57)	4/18/2000 9:26:00 AM
From: Grandk	Read Replies (1) \| Respond to of 191

Take-Two Interactive Software, Inc. Signs European Distribution Partnership With IBM COMPANY SIGNS EXCLUSIVE DEAL WITH IBM TO DISTRIBUTE ITS LEADING EDUCATIONAL SOFTWARE TITLES THROUGHOUT EUROPE NEW YORK--(BUSINESS WIRE)--April 18, 2000-- Take-Two Interactive Software, Inc. (NASDAQ:TTWO - news) announced today that it has signed an exclusive agreement with IBM (NYSE:IBM - news) to distribute their award-winning range of Crayola software titles, World Book multimedia encyclopaedia and the Edmark brand of educational software in Europe for a period of two years. The IBM Brings You Crayola lines of multimedia software titles are designed to help children ages 5-12 learn while they create. These engaging creativity software programs are tools to enrich the learning process, helping students gain confidence in the creative self-expression and computer literacy skills. From the publication of the first eight-volume set in 1917, accuracy has been the guiding principle of World Books editorial policy. Now 22 volumes, World Book prides itself on the `user-friendly' nature of its publications as well as its ability to make authoritative and current information meaningful and relevant. World Book is written in UK English and is UK National Curriculum approved. Furthermore, teachers in UK schools have endorsed it as the best educational multimedia software reference tool available. Edmark has been a pioneer in developing innovative and effective educational materials for children for more than 25 years, applying proven educational concepts to the development of educational products for children. ``Our collaboration with IBM to secure the exclusive distribution rights for the UK and Europe of their award winning range of educational and reference software and titles, completes the latest stage in the expansion of our portfolio and further enhances our position as one of Europe's leading games distributors,' commented Ryan Brant, Chief Executive Officer of Take-Two. ``We look forward to introducing the Crayola and Edmark titles into the European market as well as the launch of World Book 2001 in September.' Headquartered in New York City, 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. The Company publishes and develops products through various wholly owned subsidiaries including : Broadband Studios, Rockstar Games, TalonSoft, Joytech and DMA Design. The Company maintains a publishing and distribution partnership with, and 19.9% equity interest in, both Gathering of Developers and Bungie Software. The Company's Jack of All Games value added distribution arm maintains sales and marketing offices in Cincinnati, New York, Toronto, London, Paris, Munich, Oslo, Stockholm, Copenhagen, Milan and Sydney. The Company recently formed Broadband Studios, Inc. to independently pursue technology and content opportunities within the emerging world of broadband game delivery. 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 operations and personnel of newly acquired companies; the availability of adequate sources of financing to fund periodic cash flow shortages; technology development risks; credit risks; seasonal factors; inventory obsolescence; technological change; competitive factors; product returns; failure of retailers to sell-through the Company's products; and unfavorable general economic conditions, any, or all of which, could have a material adverse effect on the Company's business, operating results and financial condition. The Company's actual operating results, including results for its fiscal 2000 second quarter, may vary significantly from such forward-looking statements. Take-Two undertakes no obligation to update forward-looking statements contained within this press release. -------------------------------------------------------------------------------- Contact: Bella Wagner (financial media) Jeff Castaneda (general media) TAKE-TWO INTERACTIVE SOFTWARE, INC. 212-334-6633; 212-334-6644 fax OR Stephen D. Axelrod, CFA Donald C. Weinberger Denise Ford (Media) WOLFE AXELROD ASSOCIATES 212-370-4500; 212-370-4505 fax E-mail: E-mail: don@wolfeaxelrod.com