Beam International Limited Joins GT Interactive Affiliate Label Program.NEW YORK/MELBOURNE, Australia--(BUSINESS WIRE)--June 22, 1998 `KKND KKnD Krush, Kill 'n' Destroy (computer game) 2: Krossfire' for PC First Title Under Agreement Expanding its product offerings and affiliate label program, GT Interactive Software Corp. (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 : GTIS GTIS Government Telecommunications and Informatics Services (Canada) GTIS Global Trade Information Services GTIS GOES Tap Imaging System GTIS Government Technical Information Services (Canada) ) has entered into an agreement with Beam International Ltd. (ASX ASX See: Australian Stock Exchange : BEM BEM British Empire Medal ) to sell and distribute the company's Melbourne House PC and console software throughout North America. Under the agreement, KKND2: Krossfire, sequel to the real-time strategy game KKND; and DethKarz, a futuristic, progressive car racing game, are among the Beam titles GT Interactive will distribute this year. "Beam's highly acclaimed software titles furthers our objective to grow our portfolio while building on our strength in the strategy genre," said Ron Chaimowitz, chairman and chief executive officer of GT Interactive. "We believe that partnering with Beam will augment both companies' leadership positions." "The commitment by one of the world's major distributors and publishers reflectsthe faith that they have in Melbourne House titles and will enable Beam International to aggressively expand its publishing operations," commented Adam Lancman, Beam International Limited's Managing Director. KKND2: Krossfire for the PC is scheduled to be released this September while DethKarz will be released for the PC in November, and for the Nintendo 64(R) game console next fall. Beam International Limited is Australia's only multimedia development company listed on the Australian Stock Exchange Australian Stock Exchange (ASX) Australia's major securities market, formed when the six state stock exchanges (Adelaide, Brisbane, Hobart, Melbourne, Perth, and Sydney stock exchanges) were merged in 1987. (and trades under the symbol BEM). Melbourne House, a division of Beam, is a leading PC, console and Internet games developer and publisher. More information about Beam International Limited, Melbourne House and Beam Software can be found on the Web site http://www.beam.com.au. Headquartered in NY, GT Interactive Software Corp. is a leading global publisher of interactive entertainment and edutainment under the GTInteractive, Humongous Entertainment, Cavedog Entertainment, SingleTrac and MacSoft brands, for personal computers as well as game consoles from Sony Computer Entertainment and Nintendo. A leader in value-priced software under WizardWorks, CompuWorks and Slash brands, GT Interactive operates development studios in Seattle, Salt Lake City and San Luis Obispo San Luis Obispo (săn l  `ĭs ōbĭs`pō), city (1990 pop. 41,958), seat of San Luis Obispo co., S Calif., near San Luis Obispo Bay; inc. 1856. , CA. Located at http://www.gtinteractive.com on the
World Wide Web, GT Interactive is a publicly traded company publicly traded companyA company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. on the NASDAQ market under the symbol GTIS.
CONTACT: Beam/Melbourne House GT Interactive
Kirsten Beamish Allyne Mills (Press)
+61 (0) 3 9866 8300 (212) 726-4202
kirstenb@beam.com.au amills@gtinteractive.com
or
Dawn Berrie (Investors)
(212) 726-4235
dberrie@gtinteractive.com
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