Take-Two Interactive Software, Inc. to Launch Games for the Palm Computing Platform System
NEW YORK — February 17, 2000 — Take-Two Interactive Software, Inc. (NASDAQ:TTWO) announced today that it has begun releasing games for the Palm operating system. The Company's recently acquired Global Star division, based in Toronto has released 100 Great Palm Computing Platform Games Vol. 1. The Company has several additional products planned for release in the year 2000 dedicated to the Palm Computing Platform operating system.
100 Great Palm Computing Platform Games Vol. 1. offers users of Palm, Inc.'s (NASDAQ:PALM) Palm VII, or lower, Palm operating systems the opportunity to play games like Tic-Tac-Toe and Pool in 3D, as well as, offering players a plethora of great 2D games.
Take-Two continues to explore the viability of publishing gaming product for as many different platforms and operating systems as possible. The Company continues to support alternative PC platforms such as Linux, and Apple's Macintosh, for which the Company plans to release 6 products this year.
Ryan Brant, Chief Executive Officer, said, "We are pleased to be exploring game publishing opportunities for the Palm operating system. Palm has enjoyed a remarkable mass-market consumer penetration in the past eighteen months, and our Company is excited to be able to beginning supporting the massive installed base of Palm users with high-quality gaming products."
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: 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.
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, credit risks, inventory obsolescence, technological change, competitive factors, product returns, failure of retailers to sell-through the Company's products, and unfavorable general economic conditions. Actual results may vary significantly from such forward-looking statements (including the Company's current operating results). Take-Two undertakes no obligation to update forward-looking statements contained within this press release.
CONTACT:
Take-Two Interactive Software, Inc.
Larry Muller (financial)
Jeff Castaneda (media)
212/334-6633
or
Wolfe Axelrod Weinberger Assoc. LLC
Stephen D. Axelrod, CFA
Donald C. Weinberger
Denise Ford (media)
212/370-4500 don@wolfeaxelrod.com