Acclaim Entertainment, Inc. Establishes Development Studio in Manchester, England.Entertainment Editors GLEN COVE Glen Cove, city (1990 pop. 24,149), Nassau co., SE N.Y., on the north shore of Long Island, at the entrance to Hempstead Harbor; settled 1668, inc. as a city 1918. , N.Y.--(ENTERTAINMENT WIRE)--May 1, 2002 Acclaim Entertainment (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 .SC: AKLM AKLM Acclaim Entertainment, Inc. (stock symbol) ): Company Acquires Development Teams And Certain Assets Formerly of Software Creations; Enhances Global Development Capabilities And Portfolio Of Next-Gen Software Titles Further building upon the strength and world-class development capabilities of its internal studios, Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM), today announced that it has established a new product development studio in Manchester, England. Located in one of the fastest growing technology sectors in Europe, Acclaim Studios Manchester is comprised of several software development teams and certain proprietary assets that were formerly part of Software Creations, a world-renowned studio which has created hit products for the industry's leading publishers, including Acclaim, Electronic Arts, THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters and Activision. Acclaim acquired these assets and added approximately 70 employees to its global development resources. The Company has appointed former Software Creations 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. , Paul Hibbard, as General Manager of Acclaim Studios Manchester, who will report directly to John Ma, Executive Vice President of Product Development for Acclaim. "This acquisition and the subsequent building of our Manchester studio, broadens our global development capabilities to create innovative products that harness the power of the next-generation platforms," said Rod Cousens, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. Acclaim International. "Having worked with many of these talented professionals over the last few years, we have benefited from their proven multi-platform expertise and ability to deliver quality titles on schedule. We're confident that they will continue to enhance our portfolio of products." "We are pleased to have Paul and his teams join our global development family, and are very excited by their intellectual properties that are currently in development," added John Ma. "Given the opportunity, we also believe that they can play an integral role in building upon some of our key franchises for this hardware cycle and beyond." Founded in 1987, Software Creations has been a proven software developer since the introduction of the 8-bit hardware platforms Each hardware platform, or CPU family, has a unique machine language. All software presented to the computer for execution must be in the binary coded machine language of that CPU. Following is a list of the major hardware platforms in existence today. See platform. and one of Europe's largest independent developers. Perhaps best known as the creative force behind Electronic Arts' FIFA FIFA International Association Football Federation [French Fédération Internationale de Football Association] FIFA n abbr (= Fédération Internationale de Football Association) → FIFA f soccer titles, the company has been immersed in the development of proprietary next-generation tools and engines for the past two years, resulting in the seamless, simultaneous support of all hardware platforms. About Acclaim Entertainment Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a leading worldwide developer, publisher and mass marketer of software for use with interactive entertainment game consoles including those manufactured by Nintendo, Sony Computer Entertainment and Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, as well as personal computer hardware systems. Acclaim owns and operates six studios located in the United States and the United Kingdom which includes a motion capture and recording studio in the U.S., and publishes and distributes its software through its subsidiaries in North America, the United Kingdom, Germany, France and Spain. The Company uses regional distributors worldwide. Acclaim also distributes entertainment software for other publishers worldwide, publishes software gaming strategy guides and issues "special edition" comic magazines from time to time to support its time valued brands, Turok and Shadow Man. Acclaim's corporate headquarters are in Glen Cove, New York Glen Cove is a city in Nassau County, New York on the North Shore of Long Island. As of the United States 2000 Census, the city population was 26,622. Part of the early 20th century Gold Coast of the North Shore, Glen Cove has a diverse population. and Acclaim's common stock is publicly traded on NASDAQ.SC under the symbol AKLM. For more information please visit our website at www.acclaim.com. |
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