New York, NY – June 10, 2008 – 2K Sports, the sports publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), announced today that the highly anticipated title, Don King Presents: Prizefighter, is now available on North American retail store shelves for Xbox 360 video game and entertainment system from Microsoft. Developed by 2K's Venom Games studio, Don King Presents: Prizefighter is the first and only current generation title to combine all the action of professional boxing with compelling live-action cut scenes featuring legendary fighters.
"I am thrilled to be an integral part of this monumental entertainment experience," said legendary boxing promoter Don King. "I have applied all my decades of boxing insight to inspire and elevate Don King Presents: Prizefighter beyond anything fans of the sport have ever experienced before."
Don King Presents: Prizefighter casts players in the role of a talented, unknown boxer fighting his way out of obscurity and into the international spotlight while attempting to claim the world championship. The immersive storyline challenges players to balance their rigorous training regimen with the temptations of wealth and stardom, and unfolds in a unique, live-action sports documentary-style that features real-life legends and current stars from the world of boxing including Samuel Peter, Joe Calzaghe, Kelly Pavlik, Ricardo Mayorga, Nate Campbell, Juan Diaz, Ken Norton, Larry Holmes, Andrew Golota, Don King and many others. Heather Vandeven, the reigning 2007 Penthouse Pet of the Year, and popular video vixen Bria Myles also star in the documentary and act as temptations for boxers throughout their careers.
"We're proud to partner with Don King to deliver the most fun and entertaining boxing experience available to our dedicated fans," said Christoph Hartmann, president of 2K. "Don King Presents: Prizefighter is the only boxing title that offers all the action of professional boxing while challenging players to maintain their focus and discipline despite the distractions and temptations of fame."
Don King Presents: Prizefighter is rated T for Teen and is now available for Xbox 360, and will be available this fall for Wii home video game system from Nintendo and Nintendo DS. For more information, please visit www.2ksports.com/prizefighter.
About Take-Two Interactive Software
Headquartered in New York City, Take-Two Interactive Software, Inc., is a global developer, marketer, distributor and publisher of interactive entertainment software games for the PC, PLAYSTATION3 and PlayStation2 computer entertainment systems, PSP (PlayStationPortable) system, Xbox 360 and Xbox video game and entertainment systems from Microsoft, Wii, Nintendo GameCube, Nintendo DS and Game Boy Advance. The Company publishes and develops products through its wholly owned labels Rockstar Games, 2K Games, 2K Sports and 2K Play, and distributes software, hardware and accessories in North America through its Jack of All Games subsidiary. Take-Two's common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at www.take2games.com.
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Wii and Nintendo DS are trademarks of Nintendo. 2006 Nintendo.
Important Legal Information In connection with the tender offer commenced by Electronic Arts Inc., the Company has filed with the Securities Exchange Commission a Solicitation/Recommendation Statement on Schedule 14D-9. The Company's stockholders should read carefully the Solicitation/Recommendation Statement on Schedule 14D-9 (including any amendments or supplements thereto) prior to making any decisions with respect to Electronic Arts' tender offer because it contains important information. Free copies of the Solicitation/Recommendation Statement on Schedule 14D-9 and the related amendments or supplements thereto that the Company has filed with the SEC are available at the SEC's website at www.sec.gov. This communication does not constitute an offer to sell or invitation to purchase any securities or the solicitation of an offer to buy any securities, pursuant to Electronic Arts' tender offer or otherwise.
This press release may contain forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws. Such forward-looking statements are based on the beliefs of our management as well as assumptions made by and information currently available to them. The Company has no obligation to update such forward-looking statements. Actual results may vary significantly from these forward-looking statements based on a variety of factors. These risks and uncertainties include the matters relating to the Special Committee's investigation of the Company's stock option grants and the restatement of our consolidated financial statements. The investigation and conclusions of the Special Committee may result in claims and proceedings relating to such matters, including previously disclosed shareholder and derivative litigation and actions by the Securities and Exchange Commission and/or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors. Further risks and uncertainties associated with Electronic Arts' tender offer to acquire the Company's outstanding shares are as follows: the risk that key employees may pursue other employment opportunities due to concerns as to their employment security with the Company; the risk that the acquisition proposal will make it more difficult for the Company to execute its strategic plan and pursue other strategic opportunities; the risk that the future trading price of our common stock is likely to be volatile and could be subject to wide price fluctuations; and the risk that stockholder litigation in connection with Electronic Arts' tender offer, or otherwise, may result in significant costs of defense, indemnification and liability. Other important factors are described in the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2007, in the section entitled "Risk Factors," as updated in the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2008, in the section entitled "Risk Factors." All forward-looking statements are qualified by these cautionary statements and are made only as of the date they are made.
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