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Technology Stocks : GTIS - Will it be a Phoenix or not ? -- Ignore unavailable to you. Want to Upgrade?

To: buckeye3d who wrote (1314)	12/10/1997 11:44:00 AM
From: Robert Floyd	Respond to of 2319

Company Press Release ICTV Announces Agreement with GT Interactive to Add Industry-leading Games to Its State-of-the art Service "Duke Nukem 3D," "Shadow Warrior" and "Blood" Now Included with ICTV Service ANAHEIM, Calif.--(BUSINESS WIRE)--Dec. 10, 1997--ICTV, a leader in providing high-speed Internet services and interactive multimedia content over cable television networks, Wednesday announced its agreement with GT Interactive Software Corp (Nasdaq: GTIS - news) to offer shareware versions of three of the industry's top selling games, ''Duke Nukem 3D,'' ''Shadow Warrior,'' and ''Blood,'' on the company's cutting-edge CATV service offering. ''GT Interactive is excited to be working with ICTV to bring shareware versions of three of the industry's top-selling games to cable subscribers worldwide,'' said Holly Newman, vice president of marketing for GT Interactive. '''Duke Nukem 3D', 'Shadow Warrior' and 'Blood' have built tremendous followings and we believe that these titles will enjoy added exposure with the ICTV interactive services.'' ''ICTV's agreement with GT Interactive underscores the company's determination to provide the most state-of-the-art and feature-rich multimedia experience available to cable subscribers everywhere,'' said Wes Hoffman, president of ICTV. ''ICTV subscribers will be able to play shareware versions of today's hottest game titles, delivered over their cable network, without the delays or 'lag' that is normal for non-cable based Internet services. ICTV believes that the shareware versions of 'Duke Nukem 3D,' 'Shadow Warrior' and 'Blood' will create an even more exciting and amazing ICTV experience for CATV subscribers.'' Having garnered more than 1 million downloads of its shareware version off the Internet, ''Blood'' was critically regarded as one of the most eagerly anticipated titles of 1997. ''Blood'' has received numerous industry awards since its June 1997 release and has spawned dozens of dedicated fan Web sites across the Internet. ''Duke Nukem 3D'' is one of the most popular characters in interactive gaming history. Featuring a futuristic Los Angeles as the backdrop, game players annihilate alien invaders in realistic 3-D scenarios. In ''Shadow Warrior,'' players portray Lo Wang, a feared ninja assassin bent on revenge. Featuring innovative game play additions, players can operate tanks, fork lifts and bulldozers to flatten opponents and solve puzzles. ''Shadow Warrior'' offers highly dynamic environments with true rooms-above-rooms 3-D architecture; exploding walls; real-time reflective mirrors, and water with wave action. With headquarters in New York, GT Interactive Software is a leading global publisher of entertainment and edutainment software under the GT Interactive, Cavedog Entertainment, SingleTrac and MacSoft brands for personal computers as well as video game systems from Sony, Nintendo and Sega. GT Interactive is also a leader in value-priced software under the WizardWorks, CompuWorks and Slash brands. GT Interactive is publicly traded on the NASDAQ National Market System under the symbol GTIS. With headquarters in Los Gatos, Calif., ICTV is a leader in providing high-speed Internet services and interactive multimedia content over cable television networks. The ICTV system provides ease-of-use for the consumer as well as the highest revenue potential, lowest deployment cost and most flexibility for the cable operator. For information on the company, call Valerie Christopherson at 714/374-3530 or visit the company's Web site at ictv.com . -------------------------------------------------------------------------------- Contact: ICTV, Anaheim Valerie Christopherson/Lina Celella, 714/374-3530 vchristopherson@bockpr.com