Acclaim Distribution, Inc. And Take 2 Interactive Software Strike Long-Term Distribution Agreement

Business Wire, Jan 25, 1996

GLEN COVE, N.Y.--(BUSINESS WIRE)--Jan. 25, 1996--Further expanding its catalog of affiliated label offerings, A.D.I. (Acclaim Distribution, Inc.) and TAKE 2 INTERACTIVE SOFTWARE have entered into a long-term distribution agreement whereby A.D.I. will distribute a variety of TAKE 2 interactive entertainment software for next generation and personal computer systems. A.D.I. is the sales and distribution subsidiary of Acclaim Entertainment, Inc. (NASDAQ: AKLM).

"We are pleased to welcome TAKE 2 into the A.D.I. global distribution network," says Gregory Fischbach, chairman and CEO of Acclaim. "Combining TAKE 2's product creativity and technical abilities with A.D.I.'s distribution strength will benefit both companies and allow us to broaden our offerings to the rapidly expanding personal computer market."

The first title distributed under the agreement will be Ripper, a vividly intense, 3D thriller starring acclaimed actor, Christopher Walken. Future titles that fall under the agreement include Ironblood, a 3D-polygonal, texture-mapped M2 fighter and Maximum Roadkill, a futuristic racing event that can be played via serial cable or by up to eight players on a Netware network. Other titles by TAKE 2 include Star Crusader, winner of the Golden Triad award and Hell: A Cyberpunk Thriller, starring Dennis Hopper.

"Our agreement with A.D.I. opens up to us one of the strongest distribution networks in the industry," says Ryan Brant, chief executive officer of TAKE 2. "We are confident that both companies will benefit from the coupling of TAKE 2's exciting software and Acclaim's sales strength."

TAKE 2 INTERACTIVE SOFTWARE is a multimedia developer and publisher specializing in entertainment products for PC DOS, Macintosh, and next generation set-top platforms. TAKE 2 is headquartered in New York City, with development studios in Latrobe, and Youngwood, PA.

Acclaim Entertainment, Inc. is a leading worldwide publisher of software for Nintendo, Sega, Sony, personal computer and CD-ROM hardware systems; and comic books under the Valiant and Armada imprints. Acclaim also develops coin-operated arcade and ticket redemption games, and operates blue screen and motion capture studios, as well as A.D.I., a global sales and distribution company for products from a variety of entertainment software publishers, including Digital Pictures, Domark, Interplay, Marvel, Sound Source Interactive and Sunsoft. Acclaim, which also entered into a joint venture with Tele-Communications, Inc. for electronically distributed interactive entertainment, is publicly traded on the NASDAQ National Market System under the symbol AKLM.

CONTACT: Dan Harnett

ACCLAIM

516/656-5000

or

Lance Seymour

TAKE 2

212/941-2988