CDV Announces Three Xbox Games for 2003; First CDV Titles for Xbox to Include `Core,' `Project Nomads,' and `Vultures'.

Business Editors/Hi-Tech Writers

CARY, N.C.--(BUSINESS WIRE)--June 3, 2002

CDV Software Entertainment AG, one of the leading German publishers and distributors of gaming software, today announced three upcoming titles for the Xbox(TM) videogame system from Microsoft. In a continuing effort to diversify consumer offerings, CDV is planning to release "CORE," "Project Nomads," and "Vultures" in 2003.

"The strength of our three Xbox games speaks for itself: the cutting edge action-adventure title `CORE,' Jules Verne-inspired fantasy `Project Nomads' and action-packed coliseum epic `Vultures,' which is available only on Xbox," said Wolfgang Gabler, chief executive officer of CDV AG. "With these promising Xbox games in the works, we are looking forward to our debut into the console market."

CDV's Xbox(TM) lineup includes:

"Vultures"

The action-packed "Vultures," an Xbox-exclusive title, is a 3D fighting game in a fascinating post-apocalyptic setting. The captivating game features outstanding 3D graphics and realistically animated characters derived from the latest motion capture technology. Only by succeeding in the gladiatorial arena through a combination of skill, dexterity and cold-blooded determination, will a Vulture move up in the ranks and obtain new weaponry. The player can compete as 16 different gladiators with varying combat styles and dozens of weapons and large armories.

"CORE"

"CORE" is an action-adventure game sure to thrill Xbox fans with its top-notch graphics, crazy characters and whacked-out scenarios. Centered around an adaptable metal suit that enhances the wearer's abilities, "CORE" introduces three characters: Pixie, Madboy and Rex the dog. "CORE" is the first game with character-specific points of view, including Rex's "Smell View." The player can choose a different character to tackle each new scenario -- will Pixie's climbing skills best suit the task? Or perhaps Madboy's mighty wallop? Guest characters, including Fluppo the bird and Fijona the Mermaid, also expand the player's strength.

"Project Nomads"

Set in a Jules Verne-esque world of floating islands, "Project Nomads" is a 3D action-adventure that incorporates the best in action and strategy. As the result of a terrible disaster, the Nomads planet is splintered into fragments. The few remaining survivors must build fortresses to fend against hostile attacks. As a flying wizard/engineer, the player can build scores of factories, power plants, defense units and zeppelins. With beautiful graphics and innovative gameplay, "Project Nomads" is poised to make a splash next year on Xbox.

About Xbox

Xbox (http://www.xbox.com/) is Microsoft's future-generation video game system that delivers never before seen gameplay experiences. With more than three times the graphics performance of the latest generation of game consoles, Xbox empowers game designers with the technology to realize their vision of great games that are challenging, exhilarating and fun. Xbox is now available in the U.S. for an estimated street price of $199.

About CDV Software Entertainment

Founded and headquartered in Karlsruhe, Germany with offices in London, U.K., CDV Software Entertainment AG is one of the leading publishers and distributors of PC software. The Company's wholly owned subsidiary, CDV Software Entertainment USA, Inc. has offices in Cary, NC and Los Angeles, CA. In 2000, the Company successfully completed its initial public offering in Germany.