ACCLAIM ENTERTAINMENT, INC. TO DELIVER DEVASTATING BODY SLAM TO NEXT-GENERATION SYSTEMS WITH ‘LEGENDS OF WRESTLING III’
 

Stepping back Into the Ring with All-New Graphics, Matches, Features, Player Controls and more Than 70 World Renowned Wrestling Superstars

E3, LOS ANGELES, CA, May 13, 2003 – Flying off the top rope and into the hands of every wrestling fan, Acclaim Sports, a division of Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM), today announced its return to the squared circle with the spring 2004 release of Legends of Wrestling™ III for the next-generation systems.  Currently under development with Acclaim Studios Austin, the latest installment in the series is being rebuilt from the ground up with enhanced graphics, new features, new matches, more than 70 Legends and an all-new intuitive player control scheme.

“The original concept behind the Legends of Wrestling™ brand continues to appeal to wrestling fans and gamers alike, as it offers the opportunity to experience some of the greatest matches of all time,” said David Knies, Brand Director for Acclaim.  “For Legends of Wrestling™ III, we’re rebuilding the game from the ground up and adding many new features that will add a new dimension to the wrestling action available on the next-generation systems.”

Legends of Wrestling™ III will be available spring 2004 across the next-generation systems at suggested retail prices to be determined.  For more information on this game, please visit www.acclaim.com.  Acclaim's complete showcase of products will be featured at E3 in Los Angeles, CA at booth #152 in the Concourse Hall.

About Acclaim Entertainment

Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a worldwide developer, publisher and mass marketer of software for use with interactive entertainment game consoles including those manufactured by Nintendo, Sony Computer Entertainment and Microsoft Corporation as well as personal computer hardware systems.  Acclaim owns and operates five studios located in the United States and the United Kingdom, and publishes and distributes its software through its subsidiaries in North America, the United Kingdom, Germany, France and Spain.  The Company uses regional distributors worldwide.  Acclaim also distributes entertainment software for other publishers worldwide, publishes software gaming strategy guides and issues "special edition" comic magazines periodically. Acclaim's corporate headquarters are in Glen Cove, New York and Acclaim's common stock is publicly traded on NASDAQ.SC under the symbol AKLM.  For more information please visit our website at www.acclaim.com.

LEGENDS OF WRESTLING 3/2

The statements contained in this release which are not historical facts, are "forward-looking statements." Acclaim cautions readers of this press release that a number of important factors could cause Acclaim's actual future results to differ materially from those expressed in any such forward- looking statements. These important factors, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, technological changes, dependence on major platform manufacturers and other factors that could affect Acclaim, are described in Acclaim's Annual Report on Form 10-K for the fiscal year ended August 31, 2002, and Acclaim's subsequent Quarterly Reports on Form 10-Q, all of which were filed with the United States Securities and Exchange Commission. Readers of this press release are referred to such filings.

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