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AKA Acclaim's 'BMX XXX' Set to Launch for PlayStation 2 Computer Entertainment System On November 15

Most Talked About Video Game of 2002 Ready for Eagerly Anticipated Release

GLEN COVE, N.Y.--Nov. 4, 2002--The official countdown for the launch of this year's most talked about video games has begun, as AKA Acclaim, a division of Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM), today announced that its eagerly anticipated release, BMX XXX, will launch on November 15 for the PlayStation®2 computer entertainment system. Only this version of the game has been edited to eliminate the topless nudity.

"We're excited to be weeks away from the launch of BMX XXX and can't wait for consumers to see for themselves what everyone has been talking about," said Ben Fischbach, Senior Brand Manager for AKA Acclaim.

The first action sports video game designed specifically for audiences over the age of 17, BMX XXX is one of the most talked about titles for this holiday season. Combining outrageous Hollywood humor and characters, beautiful women from New York's famous Scores club, incredible arcade action and a dynamic soundtrack from today's top recording artists, BMX XXX will deliver an unparalleled interactive entertainment experience.

BMX XXX will be available on November 15 for the PlayStation®2 computer entertainment system at a suggested retail price of $49.99. The game will be available in mid-November for the Xbox(TM) video game system from Microsoft and Nintendo GameCube(TM) at suggested retail prices of $49.99. In order to ensure that consumers have their copy the day the game ships, the Company encourages consumers to pre-order BMX XXX from Electronics Boutique or GameStop. For more information on BMX XXX, please visit http://www.bmxxxx.com.

About AKA Acclaim
Action sports are about freedom of expression, authenticity and extreme athleticism, all of which are the cornerstones of the AKA Acclaim brand. Products under the AKA Acclaim banner are designed to push the technological envelope and entertain action sports enthusiasts, while maintaining the authenticity and credibility of the sport and those who play them. Titles under the AKA Acclaim brand include, Aggressive Inline(TM), BMX XXX(TM), ATV Quad Power Racing(TM) 2 and Supercross.

About Acclaim Entertainment
Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a leading 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 six studios located in the United States and the United Kingdom which includes a motion capture and recording studio in the U.S., 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 from time to time to support its time valued brands, Turok and Shadow Man. 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 http://www.acclaim.com.

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, 2001, 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.

Nintendo GameCube and the Nintendo GameCube logo are trademarks of Nintendo. (c) 2001.
"PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.
Xbox is a trademark of Microsoft Corporation in the United States and/or other countries.



For More Product Information
BMX XXX (PS2)