Kalisto Entertainment: Strategic Expansion in USA

 

FOR
IMMEDIATE RELEASE

 

Kalisto
Entertainment:
Strategic expansion in USA

Kalisto
signs agreement with US developer DayLight Productions and opens its first
American production studios

 

BORDEAUX,
FRANCE, June 09, 2000 – Kalisto Entertainment has just signed an agreement
with DayLight Productions in order to acquire it through a stock swap, marking
Kalisto’s latest move to expand its international presence. This acquisition
of Daylight reinforces Kalisto’s position in the US market, which already
represents 40% of Kalisto’s sales ; it will be effective as early as it will
be approved by the shareholders’assembly in september 2000.

 

The
new company will be renamed Kalisto U.S.A. The studio will produce both
original Kalisto games and co-productions based on 3rd party licenses. These
games will benefit from sharing Kalisto’s proprietary technology tools and
expertise designed to create multi-platform games for current and next
generation consoles, PC and the Internet.

 

Daylight
Productions is a dedicated developer, based in Austin, Texas, and the San
Francisco Bay Area, California. The 20 strong team has produced high quality
games for major publishers including Electronic Arts, Fox Interactive,
Activision and Universal/Konami. Among its impressive production credits, many
members of the Daylight team worked on the production of the million-unit
selling Wing Commander series including WC3, 4, and Prophecy.

 

From
its San Francisco Bay Area headquarters Kalisto U.S.A will be helmed by
current DayLight President Mark W. Day. "I look forward to the challenge
of continuing to grow both our San Francisco and Austin studios and working
with the best technical and creative talent that these two diverse locations
have to offer," said Day, "Kalisto Entertainment is the largest
dedicated developer in Europe and we are excited at the opportunity to
represent Kalisto in the U.S as we share the same philosophy of quality,
creativity and industry savvy that has made Kalisto such a success."

 

"We
are thrilled to have Mark Day’s talented team join Kalisto and expand our
development presence in the U.S.A.", said Nicolas Gaume, CEO of Kalisto
Entertainment. "In addition to their strong management team and excellent
development abilities, DayLight also bring to Kalisto a great knowledge and
awareness of the expectations and demands of the US game playing public. I am
also excited that this will bring Kalisto to the attention of publishers in
the USA that we have not had the opportunity to work with before."

 

About
Kalisto

Kalisto
Entertainment is a renowned and successful developer of interactive
entertainment software for current and next generation video game machines,
home computers, and the Internet.

 

Created
in 1990 by its President, Nicolas Gaume, Kalisto is an global company
employing 250 people, with headquarters in Bordeaux, France and offices in
Paris, America, Japan, China and the UK.

 

Kalisto
was successfully floated on the Paris Nouveau Marché in June 1999.

 

With
innovative content creation Kalisto has expanded its game franchises to a wide
range of media in the entertainment sector including, books, cinema and
television. Successful franchise and game releases includes Dark Earth,
Nightmare Creatures, Ultimate Race and the new games Nightmare Creatures 2 and
4 Wheel Thunder.

 

With
many innovative new and exciting projects in development, ongoing investment
in key technologies and the creation of new Universe and Action games, Kalisto
provides high quality entertainment for the digital generation.

 

About
DayLight Productions

Software
industry veterans Mark Day, Anthony Morone and David Nielsen founded DayLight
in 1998. In its short history DayLight has been responsible for over 9
products, and grown to 20 members with offices in the San Francisco Bay Area
and Austin, Texas. With expertise in PC, consoles and Internet, (both server
and client side), development DayLight Productions is well positioned to work
on projects ranging from ports to concept-to-completion development on
established platforms like PC and Playstation or emerging technologies like
Dreamcast, Playstation2 and Xbox.

 

KALISTO
ENTERTAINMENT (Head Office)

Information
on games : Laetitia JAUZE

Email
: [email protected]

Corporate
Communication : Laetitia Alet

Email
: [email protected]

Cite
Mondiale

Parvis
des Chartrons

33074
Bordeaux Cedex, France

Tel
: 00 33 (0) 5 56 48 60 30

Fax
: 00 33 (0) 5 56 48 60 33

http://www.kalisto.com 

 

BENDER
/HELPER IMPACT

John
Foster

[email protected]

Alex
Josef

[email protected]

11500
W. Olympic Boulevard

Suite
665

Los
Angeles, CA 90064

Tel
: (310)-477-4647