Acclaim Entertainment, Inc. Signs 'Hulk Hogan' as Official Spokesperson for 'Legends of Wrestling'.

Entertainment Editors

GLEN COVE, N.Y.--(ENTERTAINMENT WIRE)--Oct. 10, 2001

Wrestling Icon Joins More than 40 In-Game Legends, Including

'Bret 'Hitman' Hart,' 'Jerry 'The King' Lawler,'

'Jimmy 'Superfly' Snuka' and 'George 'The Animal' Steele'

Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM), a leading global video entertainment software developer and publisher, today announced that it has signed wrestling icon Hulk Hogan as its official spokesperson for the company's forthcoming PlayStation(R)2 computer entertainment system title Legends of Wrestling. Hogan joins Acclaim's roster of more than 40 in-game legends, including Bret "Hitman" Hart, Jerry "The King" Lawler, Jimmy "Superfly" Snuka and George "The Animal" Steele, and will be featured prominently throughout the company's supporting national marketing and advertising campaign.

"Hulk Hogan is known throughout the world as the most recognizable icon in the sports entertainment industry and is truly a living legend," said Steve Felsen, Senior Director of Brand for Acclaim Entertainment. "We are thrilled to have him join our roster of superstars, who are poised to deliver one of the most exciting wrestling games ever for the next-generation systems."

"I'm proud to work again with Acclaim and be a part of `Legends of Wrestling,'" said Hulk Hogan. "This game is testimony to the many talented wrestlers who have spent their entire careers entertaining generations of fans inside the squared circle."

Developed by Acclaim Studios Salt Lake, Legends of Wrestling is the first-ever wrestling video game to assemble the greatest superstars of all-time to find out who is the true king of the ring. Legends of Wrestling is highlighted by more than 40 of the greatest grapplers, such as King Kong Bundy, Ricky "The Dragon" Steamboat, Rob Van Dam, The Road Warriors and Terry Funk, and will offer an exciting array of features, including:

-- Brand new game engine designed, developed and delivered exclusively for use
on the next-generation hardware platforms;

-- Revolutionary Intermediate Start Position (ISP) System, which enables
players to link moves together for lethal single-button combinations and
superior gameplay;

-- First-ever "Create-a-Legend" enables the deepest wrestler customization in
the history of wrestling video games;

-- First-ever in-depth match analysis and career guidance by wrestling's
greatest managers, including Captain Lou Albano and "The Mouth Of The South"
Jimmy Hart;

-- Multiple action-packed matches, such as Three- and Four-Way Dances, and
special guest referees;

-- All-new, larger-than-life character models bring the greatest wrestlers and
their signature moves into the ring for hours of fun;

-- Interactive wrestler entrances with announcer introductions, crowd responses
and authentic taunts;

-- All-new Singles and Tag-Team career mode that takes players across the
United States and throughout the world to battle for wrestling's top titles;

-- Wrestle in and out of the ring, with 10 venues and all-new weapons;

-- All-new "Create-a-Stencil" lets players add logos, tattoos and text to the
ring attire of their favorite legends, as well as Acclaim's signature
"Create-a-Stable" feature;

-- TV broadcast presentation with all-new camera angles and cut scenes,
delivering the best views of the heart-pounding action.

Acclaim's Legends of Wrestling will be available this fall for the PlayStation(R)2 computer entertainment system at a suggested retail price of $49.99. In addition, the game will be available in the coming months for Nintendo's GameCube(TM).

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 as well as personal computer hardware systems. Acclaim owns and operates four studios located in the United States and the United Kingdom, and publishes and distributes its software directly in North America, the United Kingdom, Germany, France, Spain, Australia and the Pacific Rim. 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 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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