Take-Two Interactive Software, Inc. Acquires Exclusive Rights to Publish PlayStation 2 Computer Entertainment System Game Based On the Duke Nukem Franchise From 3D Realms.NEW YORK--(BUSINESS WIRE)--Nov. 22, 1999 --Duke Nukem Products Have Grossed More Than US$140,000,000 in Worldwide Wholesale Revenues Take-Two Interactive Software, 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 : TTWO TTWO Take Two Interative Software, Inc. (stock symbol) ) announced today that it acquired the exclusive worldwide rights to publish a game based on the popular Duke Nukem franchise from 3D Realms Entertainment, a division of Apogee Software, Ltd., for the PlayStation (R) 2 computer entertainment system. Concurrently, Take-Two entered into a development agreement with n-Space, Inc., the developer of Duke Nukem: Time to Kill for the PlayStation (R) computer entertainment system. Take-Two expects to release a title based on the enlarging set of characters from the Duke Nukem franchise for the PlayStation (R) 2 computer entertainment system. Take-Two also has several other key titles in development for the PlayStation (R) 2 computer entertainment system. Since being introduced in 1991, Duke Nukem products have sold more than four million units, making the Duke Nukem series one of the most popular brands in the entire game industry. Ryan Brant brant or brant goose, common name for a species of wild sea goose. The American brant, Branta bernicla, breeds in the Arctic and winters along the Atlantic coast. , Chief Executive Officer, said, "Take-Two and Rockstar welcome the opportunity to continue the tradition of Duke Nukem. We believe that the addition of titles based on the Duke Nukem franchise to our portfolio strongly positions Take-Two and RockStar as premier content publishers for next generation platforms." Scott Miller, head of Apogee, said, "Rockstar, like us, wants to break the rules and make a Duke console game that's as successful and innovative as the Duke PC titles. This takes real talent and commitment, and between Rockstar, Take-Two and n-Space I have no doubts about it happening." Duke Nukem, while rearranging the cigar between his teeth, also had a few brief words: "Rockstar rocks. Hail to the king, baby." Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Take-Two Interactive Software, Inc. is an integrated global developer, marketer, distributor, and publisher of interactive entertainment software games and accessories for the PC, Sony PlayStation, Nintendo 64, Nintendo Game Boy Color The Game Boy Color (ゲームボーイカラー and the Sega Dreamcast. The Company publishes and develops products through various wholly owned subsidiaries including: Rockstar Games, TalonSoft, Joytech and DMA (1) (Digital Media Adapter) See digital media hub. (2) (Document Management Alliance) A specification that provides a common interface for accessing and searching document databases. Design. The Company maintains a publishing and distribution partnership with, and 19.9% equity interest in, both Gathering of Developers and Bungie Software. The Company's Jack of All Games value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. distribution arm maintains sales and marketing offices in Cincinnati, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Toronto, London, Paris, Munich, Oslo, Stockholm, Copenhagen, Milan and Sydney. The Company owns and operates DVDWave.com, an Internet retailer of DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. movies. All trademarks and copyrights contained herein are the property of their respective holders. Safe Harbor Statement under the Private Securities Reform Act of 1995: The statements contained herein which are not historical facts are forward-looking statements that involve risks and uncertainties including, but not limited to, risks associated with the Company's future growth and operating results, credit risks, inventory obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , technological change, competitive factors, product returns, failure of retailers to sell-through the Company's products, and unfavorable general economic conditions. Actual results may vary significantly from such forward-looking statements (including the Company's current operating results). Take-Two undertakes no obligation to update forward-looking statements contained within this press release. |
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