Activision and Traveller’s Tales to Develop Original Character-Based PS2 Game

 

FOR
IMMEDIATE RELEASE

 

ACTIVISION
AND TRAVELLER’S TALES TO DEVELOP ORIGINAL CHARACTER-BASED PLATFORM GAME

FOR THE PLAYSTATION®2 COMPUTER ENTERTAINMENT
SYSTEM

 

Santa
Monica, CA – May 17, 2001 – Further expanding its relationship with leading
developer Traveller’s Tales, Activision, Inc. (Nasdaq: ATVI) announced today
that the U.K.-based studio has been in development on an original
character-based platform game for the PlayStation®2 computer entertainment
system. Fueled by an advanced proprietary 3D engine, the as-yet-unnamed game
will take full advantage of the system’s graphic and technical capabilities to
redefine platform action-adventure gaming.

 

The
game takes players on a heroic quest of honor, courage and exploration.
Beginning their adventure as a simple slave who grows to become a powerful
hero, gamers must travel through a fantastic world as they uncover ancient
powers and unravel a deep mystery that helps them free an enslaved race and
save the galaxy. The game is slated to be released by Activision in late
summer 2002.

 

Traveller’s
Tales currently is developing Crash Bandicoot 5 for the PlayStation®2
computer entertainment system. The company has built a strong reputation for
creating character-based games including Disney/Pixar’s Toy Story and Toy
Story 2 and Disney/Pixar’s A Bug’s Life, as well as SonicR and Sonic 3D Blast
among others. The developer recently completed two games for Activision
–Disney/Pixar’s Buzz Lightyear of Star Command and Toy Story Racer.

 

"With
more than a decade of experience in creating games based on some of the most
well-known characters in entertainment, Traveller’s Tales is the perfect
developer to partner with on the creation of this innovative game,"
states Larry Goldberg, executive vice president, Activision Worldwide Studios.
"Our shared vision, coupled with Traveller’s Tales’ talent and advanced
technology, will allow us to develop a game that marks an evolutionary step in
character-based gaming."

 

"We
are excited to partner with Activision on what will be our most ambitious
title to date," commented Jon Burton, president of Traveller’s Tales.
"We’ve been wanting to create this game for several years and feel the
timing is just right. Activision is giving us a fantastic opportunity to
devote the time we would like on this new game in order to deliver something
truly spectacular for players. Our strong relationship with Activision makes
them the perfect publishing partner to help us realize our vision."

 

Traveller’s
Tales is a UK-based developer committed to creating top-quality, innovative
computer and video games for all viable platforms, including the
next-generation consoles. Founded in 1990 by Jon Burton, Traveller’s Tales has
worked with some of the most renowned company’s in the industry including
Sony, Sega, Nintendo, Konami, Disney and Activision, among others. More
information on Traveller’s Tales can be found at www.t-tales.com.

Headquartered
in Santa Monica, California, Activision, Inc. is a leading worldwide
developer, publisher and distributor of interactive entertainment and leisure
products. Founded in 1979, Activision posted revenues of $620 million for the
fiscal year ended March 31, 2001.

 

Activision
maintains operations in the U.S., Canada, the United Kingdom, France, Germany,
Japan, Australia, and the Netherlands. More information about Activision and
its products can be found on the company’s World Wide Web site, which is
located at http://www.activision.com.

 

The
statements contained in this release that are not historical facts are
"forward-looking statements." The Company cautions readers of this
press release that a number of important factors could cause Activision’s
actual future results to differ materially from those expressed in any such
forward-looking statements. These important factors, and other factors that
could affect Activision, are described in Activision’s Annual Report on Form
10-K for the fiscal year ended March 31, 2000, which was filed with the United
States Securities and Exchange Commission. Readers of this press release are
referred to such filings.

 

###