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ATARI CORPORATION AND TIME WARNER INTERACTIVE INC. JAGUAR DEAL

 Leader in Coin-Operated Gaming Systems to Power Machines
 with Jaguar Engine
 SUNNYVALE, Calif., July 12 /PRNewswire/ -- Atari Corporation (AMEX: ATC) today announced that it has signed an agreement with the coin-operated game division of Time Warner Interactive, Inc., a worldwide leader in video games and entertainment software and creator of such arcade hits as "Hard Drivin,'" "Race Drivin'" and "Roadblasters." The agreement will make Jaguar's award-winning 64-bit technology engine available for Time Warner Interactive arcade games. The deal also states that all software titles developed on the Jaguar platform by Time Warner Interactive will also be available on the Jaguar home video system.
 "Embedding the 64-bit horsepower of Jaguar in our coin-operated video games will enable us to broaden our presence in the largest sector of the arcade market that demands high performance at competitive pricing," said Geoff Holmes, CEO of Time Warner Interactive. "We believe the Jaguar engine will be instrumental in helping us meet this important goal."
 "We are pleased that Time Warner Interactive has chosen the Jaguar engine to power its outstanding arcade video games," said Sam Tramiel, president, Atari Corporation. "This agreement will give a new segment of game players access to Jaguar's unprecedented performance and provide a host of hot, new titles for Jaguar. We look forward to continuing to expand Jaguar's market reach."
 Time Warner Interactive, a subsidiary of Time Warner Inc. (NYSE: TWX), is a leading developer and publisher of interactive consumer entertainment products that span across platforms from coin-operated video arcade games and home video games systems, to game-based CD and computer CD-ROM platforms and interactive TV applications.
 Atari Jaguar is the world's first 64-bit interactive multimedia home entertainment system and is the only video game system manufactured in the United States. Jaguar, the most powerful multimedia system available, was recently named the industry's "Best New Game System" (Video Games Magazine), "Best New Hardware System" (Game Informer) and "1993 Technical Achievement of the Year" (Die Hard Game Fan). Jaguar also recently was given the European Computer Trade Show Award for "Best Hardware of the Year."
 Atari Corporation, based in Sunnyvale, manufactures and markets 64-bit interactive multimedia entertainment systems, video games and personal computers for the home, office and educational marketplaces.
 -0- 7/12/94
 /CONTACT: Sam Tramiel of Atari, 408-745-8824/
 (ATC TWX)


CO: Atari Corp.; Time Warner Inc.; Time Warner Interactive Inc. ST: California IN: CPR SU:

TM -- SJ003 -- 4466 07/12/94 07:53 EDT
COPYRIGHT 1994 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 12, 1994
Words:404
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