Wizards of the Coast acquires Five Rings Publishing Group Inc.RENTON, Wash.--(BUSINESS WIRE)--June 26, 1997--Wizards of the Coast Inc. today announced that it has completed an agreement to acquire the Bellevue-based Five Rings Publishing Group In 1996, Alderac Entertainment Group and ISOMEDIA divested themselves of their joint operating venture, and created Five Rings Publishing Group (FRPG). Using the joint venture the two companies had co-created the Legend of the Five Rings Collectible Card Game in 1995, and realized that in Inc. Both companies are privately held and financial terms of the deal have not been disclosed. Five Rings Publishing Group, founded in 1996, is the creator and publisher of the Legend of the Five Rings Legend of the Five Rings (often abbreviated L5R) is a fictional setting created by Alderac Entertainment Group in 1995. The setting covers in detail the fictional land of Rokugan, and briefly many other lands and nations in the same world. (TM) trading card game and the producer of the Star Trek Peter Adkison, 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 Wizards of the Coast Wizards of the Coast (often referred to as WotC or simply Wizards) is an American publisher of games, primarily based on fantasy and science fiction themes. Originally a basement-run role-playing game publisher, they popularized the collectible card game genre with in , noted, "Five Rings Publishing is a young, dynamic company that has created an impressive model for producing high-quality games over a short period of time. The company excels at combining strong property licenses with superb game play, and its expertise in the adventure game category greatly complements Wizards of the Coast's line of products." Robert M. Abramowitz, CEO of Five Rings Publishing Group, added, "Five Rings Publishing and Wizards of the Coast both practice a corporate philosophy focused on interacting closely with consumers through demonstrations, tournaments and active correspondence. The opportunity to combine the unique talents of the two companies will allow our products to continue to stand out in the marketplace." Wizards of the Coast is a privately held game company that publishes the world's best-selling trading card game, Magic: The Gathering(R) TCG (Trusted Computing Group, Beaverton, OR, www.trustedcomputinggroup.org) The successor to the Trusted Computer Platform Alliance (TCPA), announced in 2003 by founding members AMD, HP, IBM, Intel and Microsoft. . Headquartered outside of Seattle, in the city of Renton, Wizards of the Coast is the leading authority on card games and adventure board games, with top-selling titles such as the BattleTech(R) trading card game and the new Corporate Shuffle(TM) card game, which is based on the internationally famous DILBERT cartoon character. Wizards of the Coast has international offices in Antwerp, Paris and London. For more information on Wizards of the Coast, visit the company's website at <http://www.wizards.com> or its CompuServe forum at <GO WIZARDS>. -0- WIZARDS OF THE COAST, Magic: The Gathering and Corporate Shuffle are trademarks of Wizards of the Coast Inc. Legend of the Five Rings, Star Trek: The Next Generation collectable dice game and Dune: Eye of the Storm are trademarks of Five Rings Publishing Group Inc. Star Trek is a registered trademark of Paramount Pictures. Dune is a registered trademark of MCA/Universal Merchandising Inc. BattleTech is a registered trademark of FASA FASA Federal Acquisition Streamlining Act of 1994 FASA Filipino-American Student Association FASA Federated Ambulatory Surgery Association (nonprofit association representing the interests of ambulatory surgery centers) Corp. (c)1997 FASA Corp. The BattleTech universe is owned by FASA Corp. and used under license. DILBERT (c) United Feature Syndicate Inc. (c)1997 Wizards of the Coast Inc. CONTACT: Wizards of the Coast Inc. Steven Kam, 425/204-7695 or Ketchum Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most David Emanuel, 415/984-6236 |
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