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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (3326)5/12/1999 11:49:00 AM
From: esecurities(tm)  Read Replies (1) | Respond to of 4231
 
INTERNET--(esecurities.W)--May 12, 1999 -[cont.] [SoftQuad's* Nemesis, Alpha's* Nemesis, NewKidCo's Nemesis?] Microsoft, Konami Team on Consoles

"...This agreement allows us to make our games available to all gamers across multiple platforms for the first time. Konami is one of the largest and most respected console publishers, and we trust its expertise in bringing Microsoft games to the console,'' said Ed Fries, general manager of the Microsoft Games Division. ''At the same time, we see this as a great opportunity to grow the breadth and quality of our PC games portfolio by publishing some of Konami's best console games for the PC.''

''Microsoft and Konami are both committed to producing the world's finest games,'' said Kazumi Kitaue, managing director of Konami's Consumer Software Division. ''We are pleased to be entering into this strategic relationship, as it will allow us to leverage our position as one of the world's largest publishers of console titles and to watch Konami games flourish on the PC platform.''

Fries said the deal will help Microsoft develop new sources of revenue for the titles already selling on the PC...But Fries said more game players are switching between systems, so the deal makes sense...Both companies also noted that the alliance was a strategy to deal with growing consolidation in the games business..."


SOURCE: © 1999 Eastside Journal May 12; MSFT Company Release biz.yahoo.com

*HoTMetaL/FrontPage ad infinitum and the impetus for the existence of NewKidCo as chronicled and cited on this NewKidCo fka SoftQuad International thread and by SoftQuad/NewKidCo management pursuant to formal company press release(s), SEC Form 20-F(s), Annual Report(s)...

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