Electronic Arts Executive Joins The 3DO
Company
PR Newswire - May 12, 1999 08:19
Paul Grace, 12 Year EA Veteran Joins 3DO As Vice President, Product
Development
REDWOOD CITY, Calif., May 12 /PRNewswire/ -- The 3DO Company (Nasdaq:
THDO) announced today that Paul Grace has joined the Company as Vice
President of Product Development. Grace joins 3DO after 12 years at
Electronic Arts where he was Vice President, Executive in Charge of
Production, and successfully built and managed the Jane's brand as well as
managed the Strike brand. He brings to 3DO several years of finely honed
management skills that enabled him to direct large development teams that
produced such mega-hits as "Nuclear Strike," "Future Cop: L.A.P.D," the "U.S.
Navy Fighters" series and the award-winning "World War II Fighters." Grace
worked on over 75 console and PC titles, such as the memorable "Chuck
Yeager's Air Combat," "Chuck Yeager's Advanced Flight Trainer," "Car and
Driver" and 688 multi-player games.
"Paul is a mature, well-seasoned manager," said Trip Hawkins, chairman and
CEO. "His skill set is necessary to help manage the growth of our internal
development teams. Our strategy of internally developed brands for key
platforms is working, and few in the industry have the experience to manage
large internal teams that Paul has." Grace added, "I am pleased to join a
management team with a proven track record and plan to contribute to its
growth and continued success."
Grace will be responsible for products developed on all major hardware
platforms. He will be involved with the Company's Army Men franchise.
In related news, 3DO announced the promotion of Nicholas Beliaeff to Vice
President, Product Development, from Executive Producer. Beliaeff, an
eleven-year veteran of the interactive industry, will be responsible for
development of the High Heat Baseball(TM) brand, Crusaders of Might and
Magic(TM), Vegas Games(R) 2000 for PlayStation(R) game console and
Meridian(TM) 59. He came to The 3DO Company in 1998 from Upper Deck
and has an extensive background in the electronic entertainment industry,
having produced over 50 titles on over 30 product lines. At Strategic
Simulations Inc. (SSI), he produced Tony La Russa Baseball I and II, the Eye
of the Beholder series, and much of the AD&D "Gold Box" series. Mr. Beliaeff
also served as a writer/designer for Might and Magic(R) II at New World
Computing(TM), and co-founded Northstar Studios.
"Nicholas also has a broad experience in a variety of genres on different
platforms," said Hawkins. "He will be an important part of strengthening the
organizational core, as we expand onto new hardware platforms and into
new territories."
The Company also reported that its recent releases "High Heat Baseball
2000" for the PC, "Heroes of Might and Magic(TM) III" for the PC and "Army
Men(TM) 3D" for the PlayStation(R) game console are available at retail. In
the coming weeks, 3DO expects to ship the highly-anticipated "Might and
Magic VII For Blood and Honor(TM)," the latest chapter in the best-selling,
award- winning series of role playing games.
The 3DO Company, headquartered in Redwood City, Calif., develops,
publishes and distributes interactive entertainment software for personal
computers, the Internet and advanced entertainment systems such as the
PlayStation and Nintendo 64 game consoles. 3DO markets and publishes its
products worldwide under multiple brand names including New World
Computing, Team .366 and 3DO. More information about 3DO's products
can be found on the Internet at www.3do.com.
This release contains forward-looking statements which are subject to risks
and uncertainties. Potential risks and uncertainties include, without
limitation, the Company's ability to develop and ship future products,
market demand and acceptance for the Company's current and future
software products, and the consequences of competitive factors in the
marketplace. Further information on potential factors which could affect
these forward-looking statements and the Company's financial results are
included in the Company's filings with the Securities and Exchange
Commission, including the Company's Annual Report on Form 10-K for the
fiscal year ended March 31, 1998, and the Company's Reports on Form 10-Q
for the fiscal quarters ended December 31, 1998 and March 31, 1998.
3DO, New World Computing, Team .366, "Army Men," "Blood and Honor,"
"Crusaders of Might and Magic," "Heroes of Might and Magic," "High Heat
Baseball," "Meridian 59," "Might and Magic," "Vegas Games," and their
respective logos, are trademarks and/or service marks of The 3DO Company
in the U.S. and other countries. New World Computing is a division of The
3DO Company.
PlayStation and the PlayStation logos are registered trademarks of Sony
Computer Entertainment Inc.
Nintendo and Nintendo 64 are registered trademarks of Nintendo of
America Inc.
SOURCE The 3DO Compa
Jim |
