News

AKA ACCLAIM BRINGS OFF-ROAD ARCADE RACING TO MICROSOFT XBOX(TM) AND NINTENDO GAMECUBE(TM) WITH 'ATV: QUAD POWER RACING 2'

Sequel to Top-Selling Franchise Makes its Cross-Platform Debut with 10 Pro Riders, More Than 40 In-Game Sponsors, Vast Array of Freestyle Tricks and Multiplayer Modes

GLEN COVE, NY, January 22, 2003 - Driving into retail outlets nationwide with an action-packed sequel to its 700,000 unit-selling off-road racing franchise, AKA Acclaim, a division of Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM), today announced that it has shipped ATV: Quad Power Racing(TM) 2 for the Microsoft XBOX(TM) and Nintendo GameCube(TM). Developed by Climax Studios, ATV: Quad Power Racing 2 contains new features and an entirely new game engine that delivers rich graphics and incredible four-wheel arcade racing action for the first and only ATV experience available for the Microsoft XBOX(TM) and Nintendo GameCube(TM).

"ATV: Quad Power Racing 2 is a strong sequel that harnesses the power of the next-generation systems, and is a perfect arcade title for the masses," said Ben Fischbach, Brand Director for AKA Acclaim. "Now all of the next-gen system owners can get their hands on an ATV game infused with insane stunts, big air jumps and high speed combat."

ATV: Quad Power Racing 2 includes many exciting new features:

  • 20 insane riders, including the top professional riders from all over the world such as Dana Creech and Kory Ellis;

  • 15 massive tracks and five environments, spanning countries throughout the world;

  • Get dirty and physically battle with opponents to the finish line;

  • Over-the-top controls and game physics, allowing players to pull huge air and amazingly fun power slides;

  • More than 20 freestyle tricks to let riders express their wild side while tearing up the competition;

  • Multi-player modes of play, brings the action to players and their friends;

  • 4-way split screen action on XBOX(TM) and 2-way on Nintendo GameCube(TM);

  • More than 40 real-life in-game sponsors, including O'Neal, EVA and Alpine Stars;

  • Great in-game soundtrack featuring today's top artists such as The Rollins Band, Godsmack and Box Car Racer.

ATV: Quad Power Racing 2 is currently available for the Microsoft XBOX(TM) and Nintendo GameCube(TM) at suggested retail prices of $39.99. The game is also currently available for the PlayStation®2 computer entertainment system at a suggested retail price of $29.99. For more information on this title, please visit http://www.acclaim.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) and ATV: Quad Power Racing 2.

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 five 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 periodically. 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.

Nintendo GameCube and the Nintendo GameCube logo are trademarks of Nintendo. " 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.

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, 2002, 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.