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( BW)(NY-TAKE-TWO)(TTWO) Take-two Interactive Software, Inc. Ships Oni for the Playstation 2 Computer Entertainment System, PC and Mac Business Editors/High-Tech Writers
NEW YORK--(BUSINESS WIRE)--Jan. 30, 2001--Take-Two Interactive Software, Inc. (Nasdaq:TTWO) announced today that its Rockstar Games video game publishing subsidiary shipped Oni for Sony Computer Entertainment America's PlayStation(R)2 computer entertainment system, as well as for the PC and Mac formats to domestic retailers. Oni is a third-person 3D action adventure game that, for the first time, blends hand-to-hand combat and gunplay into a single action experience.
"We are delighted that Oni has shipped today," stated Paul Eibeler, president of Take-Two Interactive. "The simultaneous release of the versions for Playstation(R)2, PC and Macintosh platforms from Rockstar and the Gathering of Developers, coupled with the huge consumer anticipation in the market-place strongly enforces my belief that Take-Two is launching a huge new gaming franchise"
Headquartered in New York City, 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, 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 Design, PopTop and under the Take-Two brand name. The Company's Jack of All Games value added 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: "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.
Safe Harbor Statement under the Private Securities Reform Act of 1995: The statements contained herein are considered forward looking statements under federal securities laws. Such forward looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to them. The words "expect," "anticipate," "believe," "may," "estimate," "intend" and similar expressions are intended to identify such forward looking statements. Forward looking statements involve risks, uncertainties and assumptions including, but not limited to: risks associated with our future growth and operating results; our ability to continue to successfully manage growth and integrate the operations of acquired businesses; the availability of adequate financing to fund periodic cash flow shortages; credit risks; seasonal factors; inventory obsolescence; technological change; competitive factors; product returns; failure of retailers to sell-through our products; the timing of the introduction and availability of new hardware platforms; market and industry factors adversely affecting the carrying value of our assets; and unfavorable general economic conditions, any or all of which could have a material adverse effect on our business, operating results and financial condition. Actual operating results may vary significantly from such forward looking statements. The Company has no obligation to update such forward looking statements.
CONTACT: Take-Two Interactive Software, Inc. Larry Haaker 212/334-6633 (Financial/Investor Relations) Jeff Castaneda 212/334-6633 (media) or Linn Public Relations Rob Fleischer 415/552-1183 (media) or Wolfe Axelrod Weinberger Assoc. Llc Stephen D. Axelrod, CFA 212/370-4500 Donald C. Weinberger 212/370-4500
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