NINTENDO AND SPECTRUM HOLOBYTE ANNOUNCE EXCLUSIVE NINTENDO ULTRA 64 DEVELOPMENT AGREEMENT; TOP GUN(R) Game Based On The Blockbuster Movie Joins Exclusive Line-Up of Software Titles To Debut With The World's Most Advanced Home Video Game System.LAS VEGAS--(BUSINESS WIRE)--Jan. 5, 1995--Nintendo of America Inc. today announced Spectrum HoloByte, Inc. as the latest member of a world class publishing team for Nintendo Ultra 64(TM), the home video game system which will enable players to play in three-dimensional worlds that previously have been available only on high-end graphic workstations. Spectrum HoloByte, based in Alameda, Calif., will develop and publish the TOP GUN game exclusively for play on the new 64-bit home video game system now being developed by Nintendo and Silicon Graphics, Inc. (NYSE NYSE See: New York Stock Exchange :SGI (SGI, Sunnyvale, CA, www.sgi.com) A manufacturer of workstations and servers, founded in 1982 by Jim Clark. The company was founded as Silicon Graphics, Inc., but changed to its acronym in 1999. ). Based on the blockbuster movie, TOP GUN, by Paramount Pictures, the video game will include new characters, new graphics and new levels of game play. The title is scheduled to be released when Nintendo Ultra 64 is introduced in North America in the fall of 1995. "We're very excited to announce this agreement with Spectrum HoloByte because they bring to our Nintendo Ultra 64 team a solid reputation for fast-paced, thrill-a-minute games," says Howard Lincoln, chairman of Nintendo of America. "The capabilities of our powerful 64-bit hardware give free-reign to their developers and we look forward to TOP GUN being a great title for our 64-bit system when it rolls out later this year." Spectrum HoloByte, a leading Super Nintendo Entertainment System The Super Nintendo Entertainment System or Super NES (also called SNES (Super NES) video game developer, produced the popular PC version of Tetris Tetris (Russian: Тетрис) is a , released on a large spectrum of platforms. Alexey Pajitnov originally designed and programmed the game in June 1985[1] and the heralded, PC-flight simulator Falcon. In 1993, the company merged with Bullet-Proof Software, Inc., of Redmond, Wash., another publisher of Super NES video games. "Nintendo is clearly leading the way into the next generation and Spectrum is pleased to join Nintendo's development team," says Patrick Feely, president and 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. of Spectrum HoloByte. "The movie TOP GUN was a tremendous hit at the box office because of its electrifying e·lec·tri·fy tr.v. e·lec·tri·fied, e·lec·tri·fy·ing, e·lec·tri·fies 1. To produce electric charge on or in (a conductor). 2. a. special effects and action-packed drama. When Nintendo Ultra 64 is launched, consumers will again be dazzled by the array of graphics and special effects in Spectrum's TOP GUN video game." Spectrum HoloByte, Inc. (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 :SBYT) is a developer and publisher of interactive entertainment software for use on CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). and floppy-based personal computers. The company also develops and publishes software for cartridge-based video game machines manufactured by Nintendo. The products are available nationally and internationally through major distributors, retailers and mass merchants. TOP GUN is a property of Viacom Consumer Products which licenses and merchandises properties on behalf of Paramount Pictures, Paramount Television and Simon & Schuster Simon & Schuster U.S. publishing company. It was founded in 1924 by Richard L. Simon (1899–1960) and M. Lincoln Schuster (1897–1970), whose initial project, the original crossword-puzzle book, was a best-seller. as well as third-party properties. Viacom Consumer Products, a unit of Viacom Entertainment Group, is a division of Viacom Inc. Nintendo Co., Ltd. of Kyoto, Japan, is the leader in the worldwide $15 billion retail video game industry. As a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Nintendo of America Inc., based in Redmond, Washington, serves as headquarters for Nintendo's operations in the Western Hemisphere, where more than 40 percent of American homes own a Nintendo system. -0- TOP GUN is a registered trademark of Paramount Pictures. Nintendo Ultra 64 is a trademark of Nintendo of America Inc. CONTACT: GOLIN/HARRIS
Alison Holt Brummelkamp or Scott Smith, 213/623-4200
or
SPECTRUM HOLOBYTE
Holly Hartz, 510/814-6336
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