Take-two Interactive Software, Inc.'s Smuggler's Run and Midnight Club: Street Racing Debut as Number Six and Seven Sony Playstation2 Titles.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Nov. 16, 2000 Take-Two Interactive Software, Inc. (Nasdaq:TTWO TTWO Take Two Interative Software, Inc. (stock symbol) ) announced today that Smugglers Run and Midnight Club: Street Racing debuted as the number six and seven titles for the PlayStation(R)2 according to NPD NPD New Product Development NPD Nouveau Parti Démocratique (Canada) NPD Narcissistic Personality Disorder NPD Norwegian Petroleum Directorate NPD Nationaldemokratische Partei Deutschlands TRSTS data for the month ended October 31, 2000. Paul Eibeler, President, said, "We are very pleased with the results of our initial sell-through for Smuggler's Run and Midnight Club: Street Racing. With the strength of these titles, the release of Q-Ball: Billiards Master and Surfing H3O H3O Hydronium H3O The Hafler Trio (band) and at least an additional ten PlayStation(R)2 titles under development, we are firmly positioned as a top-tier publisher." 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, PlayStation, Nintendo 64, Nintendo Game Boy Color The Game Boy Color (ゲームボーイカラー , Sega Dreamcast and the PlayStation 2. The Company publishes and develops products through various wholly owned subsidiaries including: Rockstar Games, Gathering of Developers, TalonSoft, Joytech, 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, PopTop and under the Take-Two brand name. 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, Toronto, London, Paris, Munich, Oslo, Vienna, Stockholm, Copenhagen, Milan and Sydney. Note to Editors: 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 (including statements such as "intends", "believes", "anticipates", and "expects") 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; the ability of the Company to successfully integrate the operations and personnel of newly acquired companies; the availability of adequate sources of financing to fund periodic cash flow shortages; the timing and availability of hardware platform releases; credit risks; seasonal factors; 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, any, or all of which, could have a material adverse effect on the Company's business, operating results, including results for the Company's fourth quarter of 2000 and fiscal 2001, and financial condition. The Company's actual operating results may vary significantly from such forward-looking statements. Take-Two has no obligation to update forward-looking statements contained in this press release. |
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