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THE 3DO COMPANY (3DO) ANNOUNCES INITIAL PUBLIC OFFERING

 SAN MATEO, Calif., May 3 /PRNewswire/ -- The 3DO Company announced today its initial public offering on the NASDAQ National Market System under the trading symbol THDO. The initial public per-share price for the 2,900,000 shares of common stock offered to the public was $15. All shares were offered by the company.
 The offering was managed by Morgan Stanley & Co. Incorporated and Alex. Brown & Sons Incorporated. 3DO has granted the underwriters an option to purchase up to 435,000 additional shares from the company to cover over-allotments, if any. An additional 150,000 shares were sold directly by the company to two purchasers.
 The 3DO Company is developing technology for a new home interactive multimedia platform which it intends to broadly license to hardware system manufacturers, software developers and software publishers. The company's initial product design, the 3DO Interactive Multiplayer, is designed to run new entertainment, education and information applications being developed specifically for the 3DO format, and will also play conventional audio compact discs and display Photo CDs.
 Copies of the prospectus relating to the offering may be obtained from Morgan Stanley & Co. Incorporated, 1251 Avenue of the Americas, New York, NY 10020 or from Alex. Brown & Sons Incorporated, 135 East Baltimore Street, Baltimore, Md. 21202.
 This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 /NOTE: 3DO and Interactive Multiplayer are trademarks of the 3DO Company./
 -0- 5/3/93
 /CONTACT: D. Rex Golding of the 3DO Company, 415-573-4489/
 (THDO)


CO: 3DO Company ST: California IN: CPR SU: OFR

KD -- NY106 -- 3998 05/03/93 17:06 EDT
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Publication:PR Newswire
Date:May 3, 1993
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