ACCLAIM STRIKES DISTRIBUTION AGREEMENT WITH VIDCO INTERNATIONAL; Logistics and Delivery Supplier Aligns with Acclaim Distribution, Inc.OYSTER BAY Oyster Bay, uninc. area (1990 pop. 6,687) of the Town of Oyster Bay, Nassau co., SE N.Y., on N Long Island, on Long Island Sound; settled 1653. It is chiefly residential. , N.Y.--(BUSINESS WIRE)--December 1, 1994--The leading independent interactive entertainment publisher and the home video industry's leading supplier of specialized transportation and fulfillment have entered into a long-term agreement whereby VIDCO VIDCO Visual Information Documentation VIDCO Video Intrusion Detection Cameras Online International & Associates will supply its vast "VI&A Vision" distribution services to Acclaim 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 AKLM AKLM Acclaim Entertainment, Inc. (stock symbol) ), further strengthening the distribution capabilities of A.D.I., Acclaim Distribution Inc. A.D.I. is a leading sales and distribution company with a network of more than 50,000 retail outlets worldwide. "As the home entertainment industry's leading logistics supplier, we believe VI&A has the experience, expertise and insight to handle interactive entertainment delivery for which the challenges and pace keep growing," said Robert Holmes Robert Holmes may refer to: Politicians:
Under the agreement, VI&A will provide numerous services to Acclaim including time sensitive, pick and pack deliveries; direct-to-store, air express, ground transportation and traffic management of goods; customized order processing and warehousing; point-of-purchase materials dissemination; and electronic retail communications. The agreement also provides Acclaim with "preferred client" status. Headquartered in Detroit, VI&A also has facilities in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Chicago and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , and maintains a national network of over 200 transportation agencies. The company is the leading provider of specialized transportation, third-party logistics and promotional services to the entertainment software and pharmaceutical industries. Acclaim Entertainment, Inc., with offices in Canada, France, Germany, Japan, Spain and the United Kingdom, is a leading worldwide entertainment publisher of software and peripherals for Nintendo(R) and Sega(TM) hardware systems, personal computer and CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). software, coin-operated arcade games, and comic books under the Valiant imprint. Acclaim also operates motion capture and ultimatte studios and A.D.I., a global sales and distribution company for products from a variety of entertainment publishers, including Acclaim, Digital Pictures and Marvel Software. Acclaim, which recently agreed to form a new company with Tele-Communications, Inc., is publicly traded on the NASDAQ National Market System under the symbol AKLM. CONTACT: Allyne Mills 516/624-2350 |
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