To: Doug R who wrote (23070 ) 11/16/1998 12:17:00 PM From: ACAN Respond to of 79259
Doug; AKLM News Home - Yahoo! - Help [ Business | US Market | By Industry | IPO | AP | S&P | International | PRNews | BizWire ] Monday November 16, 11:55 am Eastern Time Company Press Release Acclaim Expands Worldwide Distribution in Australia, New Zealand and South East Asia GLEN COVE, N.Y.--(ENTERTAINMENT WIRE)--Nov. 16, 1998--Acclaim Entertainment, Inc. (NASDAQ: AKLM - news), a leading worldwide interactive entertainment company, announced today that it has acquired Digital Leisure's distribution operation in Australia. The new subsidiary, Acclaim Australia PTY Ltd., is located in Melbourne, Australia with a satellite office in Sydney. Reporting to Rod Cousens, president of Acclaim International, the new organization will complement Acclaim's worldwide sales, distribution, and marketing strategy. Acclaim Australia will distribute all Acclaim products including Turok 2: Seeds of Evil, NBA Jam 99, and South Park. ''We are very pleased to add Australia and New Zealand to our list of territories we service with direct distribution,'' said Rod Cousens, president of Acclaim International. ''Our new Australian subsidiary will help us capitalize on the growth of the interactive entertainment market in Australia, New Zealand and South East Asia.'' During Acclaim's 1998 Fiscal Year ended August 31st 1998, international operations accounted for 37% of the company's revenues. ''International markets are an area of growth for Acclaim,'' said Cousens. ''Going forward Acclaim intends to expand its global market share by strengthening our worldwide sales, marketing and distribution capabilities, and expanding our product strategy to address the unique needs of individual markets we service.'' Acclaim software is available in more than 50,000 stores in more than 50 countries worldwide. Acclaim currently sells and distributes products directly in the United States, Canada, the United Kingdom, Germany, and France. Acclaim Entertainment Background Information Based in Glen Cove, NY, Acclaim Entertainment, Inc., is a leading worldwide publisher of software for Nintendo, Sony, Sega and personal computer hardware systems. Acclaim also publishes comic books, operates motion capture studios, and distributes a variety of entertainment software from other publishers worldwide. Visit Acclaim's Web site, www.acclaim.net. Contact: Acclaim Entertainment Inc. Bob Picunko (516) 656-5000 pr@acclaim.net More Quotes and News: Acclaim Entertainment Inc (Nasdaq:AKLM - news) Related News Categories: computers, entertainment, internet, software Help Copyright © 1998 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments? Allan P