Acclaim Entertainment, Inc. Unleashes New Action Hero This Fall With 'VEXX'.

Entertainment Writers

E3Expo 2002

booth #1046

LOS ANGELES--(ENTERTAINMENT WIRE)--May 22, 2002

Eagerly Anticipated Platform Action Title From Company's Award-Winning

Austin Studio, Brings Heroic Quest, Dark Storyline and Fierce Combat

to All Next-Generation Platforms

There's a new "bad boy" in town and every other character in the video game industry should be prepared to be "VEXX-ed," as Acclaim Entertainment, Inc. (NASDAQ:AKLM), today announced its fall release of VEXX(TM) across all of the next-generation gaming platforms.

Currently in development by the Company's award-winning Austin Studio, VEXX is an original platform action title that allows players to assume the role of the title character as he embarks on a dark, heroic quest to seek vengeance on those that enslaved his people and murdered his family. Acclaim will be supporting the title with a massive integrated marketing campaign, including television and print advertising, online banners, contests, consumer demos and innovative cross-promotions.

"VEXX underscores the vision and commitment of Acclaim in delivering groundbreaking products, and is poised to redefine the genre when it launches in the fall," said Sarah Anderson, Senior Vice President of Brand. "Having been in development for nearly two years, VEXX has been specifically designed to push the limits of this generation of hardware to deliver an unparalleled gameplay experience, that has yet to be achieved in a platform game. With incredible graphics, non-stop action, immense levels and an engrossing storyline, VEXX will be the action hero to reckon with at retail this holiday season."

On the forsaken remains of what was once the proud planet called Astara, the villagers of Rockhaven lead difficult but peaceful lives, until the day the Shadowraith, "Dark Yabu," and his minions swept down from the sky. With terrible ferocity and ruthless efficiency they descended upon the townsfolk, enslaving them to work deep in the caves that surrounded their village. Dark Yabu murdered the grandfather of the young VEXX, who managed to slip quietly aboard the enemy's windship. There, locked deep within Yabu's sanctum, was the last pair of Astani Battlegauntlets, which leapt from their chest onto VEXX's outstretched hands, and bonded to his arms and giving him special powers. Prepared to meet his destiny, VEXX embarks upon a heroic quest through volcanic islands, desert temples, frozen citadels, and giant's castles, to confront Dark Yabu high atop the Landspire, save his people, and avenge the death of his grandfather.

VEXX will offer many exciting features, including:

-- 18 extraordinary levels spanning treetop canopy villages, mysterious caves,
desert temples, underwater cities, deadly volcanoes, and more;

-- Hidden multi-player party games unlocked as players progress through the
single player world;

-- Free climbing mode allows players to climb uneven surfaces and dangle
beneath overhangs;

-- Each level's distinguishing landmark can be viewed from anywhere in the
world in real-time;

-- Day and night cycles with real-time lighting. Nighttime changes the
landscape and characters: enemies become more aggressive and the environments
become more hostile;

-- Ultra-responsive player controls that reacts instantly to player inputs:
gamers can cancel a move midway through and fire off extensive combo attacks;

-- Hidden sundials allowing players to change the time of day and gameplay;

-- Advanced environment mapping, including reflections, glows, and highlights
on characters;

-- Clothes, hair and trees respond dynamically to the environment;

-- Highly flexible cinematic camera system;

-- Epic soundtrack and stunning 3D surround sound effects.

VEXX will be available this fall across all next-generation gaming platforms at suggested retail prices to be determined. Acclaim's complete showcase of products will be featured at E3 in Los Angeles, CA at booth #1046 in the South Hall.

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 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 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.