Activision Value Teams with Paintball Legend Greg Hastings and WXP to Create the Ultimate Tournament Paintball Game

Business Wire, Sept 16, 2004

Greg Hastings' Tournament Paintball offers the most complete and realistic paintball experience without taking a paintball to the chest. This fast, intense and dynamic game offers players a truly exhilarating sporting experience incorporating all the most integral elements of actual paintball action. With real pros, authentic venues, sponsors and equipment, Greg Hastings' Tournament Paintball is the cornerstone of a new franchise and genre in the sporting games market.

For more information about Greg Hastings' Tournament Paintball, visit the Action Village web site at www.ghtp.actionvillage.com.

About WXP

WXP, Inc., "The Whole Experience" creates state of the art entertainment software for game consoles, PCs and theme park attractions. Headquartered in Seattle, Washington, the team of veteran designers, artists and programmers forges compelling entertainment built upon cutting edge in-house technology.

Founded in 1997, WXP remains an independent game developer whose last game, "Lord of the Rings: The Fellowship of the Ring" went Platinum on the Xbox(R) Video Game System from Microsoft.

About Xbox

Xbox (http://www.xbox.com) is the video game system from Microsoft that brings people together for the most exhilarating game and entertainment experiences. Xbox delivers an expansive collection of breakthrough games, powerful hardware and the unified Xbox Live online service. The new tagline, "it's good to play together," captures the spirit of Xbox as the social hub of the new digital entertainment lifestyle. Xbox is now available in North America, Asia, Europe and Australia.

About Xbox Live

Xbox Live, which launched in the United States Nov. 15, 2002, allows gamers to play multiplayer Xbox games with other gamers everywhere via a broadband connection. With a built-in hard drive and Ethernet port, the Xbox console is the only video game system built from the ground up for online gaming, negating the need to buy additional, costly peripherals or upgrades. Xbox Live enables gamers to easily find their friends; talk to other players during game play through the Xbox Communicator headset; download current statistics, new levels and characters to their Xbox hard drive; and play online -- all exclusive features to Xbox Live.

About Activision, Inc.

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 net revenues of $948 million for the fiscal year ended March 31, 2004.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Italy, Japan, Australia, Scandinavia 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 www.activision.com.

The statements made in this press release that are not historical facts are "forward-looking statements." These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. 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. Such factors include, without limitation, product delays, retail acceptance of our products, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, vendors and third-party developers, international economic and political conditions, integration of recently acquired subsidiaries and identification of suitable future acquisition opportunities. These important factors and other factors that potentially could affect the Company's financial results are described in our filings with the Securities and Exchange Commission, including the Company's most recent Annual report on Form 10-K and Quarterly Report on Form 10-Q. Readers of this press release are referred to such filings. The Company may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the Company's assumptions or otherwise. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.