4Kids Entertainment, Inc. signs Rare Ltd. as a new client to Leisure Concepts Inc. its licensing division.Business &Entertainment Editors NEW YORK--(BUSINESS WIRE)--January 24, 2000 4Kids Entertainment Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on ;KIDE) has reached an agreement with Rare Limited, a leading video game developer, for 4Kids'licensing division Leisure Concepts, Inc.(LCI LCI Livable Centers Initiative LCI Life Cycle Inventory LCI Landing Craft, Infantry LCI La Chaine Info (French cable news channel) LCI Lean Construction Institute LCI Lions Club International ) to represent merchandising rights for two new video games See video game console. developed by Rare Limited, &uot;Jet Force Gemini&uot; and the much anticipated &uot;Perfect Dark&uot;. These video games are sold exclusively by Nintendo for Nindendo's N64 and Game Boy platforms. Under the agreement, LCI will solicit and negotiate with third parties for the license throughout the world of all merchandising, tie-in rights and publishing rights. LCI will also represent these properties on a non-exclusive basis for all motion picture and television rights. Created by the same team that developed GoldenEye goldeneye or whistler Either of two species of small, yellow-eyed diving ducks that produce a whistling sound with their rapidly beating wings. The common goldeneye (Bucephala clangula) breeds throughout the Northern Hemisphere; Barrow's goldeneye (B. (TM) 007 the best selling game of 1998, Perfect Dark begins as a simple reconnaissance mission for special agent Joanna Dark Joanna Dark is the protagonist of the Perfect Dark video game franchise developed by Rare. Joanna Dark acts as an elite mercenary who specializes in industrial espionage. , and evolves into a global conspiracy as players weave their way through a tale of intrigue and raw adrenaline. Perfect Dark uses an enhanced 3-D engine and technologies to deliver unparalleled action-based, first person and multi-player interactive entertainment. &uot;We are pleased to be working with Rare Ltd. and we are excited about the opportunities the video game titles &uot;Perfect Dark&uot; and &uot;Jet Force Gemini&uot; can bring to our company,&uot; stated Al Kahn, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of 4Kids Entertainment Inc. &uot;We are thrilled to be represented by a company as fine as 4Kids Entertainment, Inc. They are premier marketers and very strategic in their licensing programs as proven by Pokemon and World Championship Wrestling For the Australian professional wrestling promotion, see World Championship Wrestling (Australia). For the poet, see William Carlos Williams. World Championship Wrestling (WCW) was an American professional wrestling promotion which existed from 1988 to 2001. ,&uot; stated Joel Hochberg president, Rare Inc. Rare is a developer and publisher of games for Nintendo video game systems. Rare has developed best selling video game titles including, Golden Eye 007, Killer Instinct, Donkey Kong 64 and Banjo-Kazooie. Two brothers, Tim and Chris Stamper B>Tim and Chris Stamper (artist and programmer respectively) are the co-founders of Ashby Computers & Graphics (better known as Ultimate Play The Game) and later Rare. They have produced video games such as Sabre Wulf and Knight Lore and Joel Hochberg founded Rare in 1985. Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , 4Kids Entertainment, Inc., (NASDAQ: KIDE) is a vertically-integrated entertainment company whose wholly-owned subsidiaries include: Leisure Concepts, Inc., leader in domestic and international merchandise licensing and product development; 4Kids Productions, a television, film, and home video production company, and Summit Media, a domestic and international television distribution, media buying and planning company. 4Kids currently represents such well-known properties as Nintendo's Pokemon, Turner/Time Warners World Championship Wrestling and Comedy Central. Rare Ltd. has offices in the United Kingdom, and Rare, Inc., its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , has offices in Miami, Fla. For more information about, Rare or any Rare product, visit Rare's web site on the Internet, www.rareware.com. Nintendo Co. Ltd. of Kyoto, Japan, is a worldwide leader in the creation of interactive entertainment. To date, Nintendo has sold more than one billion video games worldwide, has created such industry icons as Mario and Donkey Kong, and launched franchises like Pokemon and the legend of Zelda. Nintendo manufactures and markets hardware and software for its popular video game systems, including the Nintendo 64 and Game Boy - the world's best-selling video game system. As a wholly-owned subsidiary, Nintendo of America Inc., based in Redmond, Wash., serves as headquarters for Nintendo's operations in North America. This press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. These risks and uncertainties are described in the Company's filings with the SEC. |
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