Midway's Greatest Hits Comes To 'TV Games'

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Midway's Greatest Hits Comes To 'TV Games'

Post by Gambid »

In a press release JAKKS TV Games announces that the Company has signed a worldwide licensing agreement with Midway to produce a version of JAKKS' TV Games™ based on classic Midway® titles. Mortal Kombat is one of the games. Below is a part from the press release:
MALIBU, Calif., Feb. 16 /PRNewswire-FirstCall/ -- JAKKS Pacific, Inc. (Nasdaq: JAKK) announced today that the Company has signed a worldwide licensing agreement with Midway to produce a version of JAKKS' TV Games™ based on classic Midway® titles. TV Games is a plug and play gaming system that contains multiple classic games in one single controller.
Midway TV Games will feature top-selling Midway games, including Mortal Kombat®, Spy Hunter®, Rampage®, Joust®, Defender® I & II, Robotron:2084®, Marble Madness®, Smash TV™, Super Sprint™ and Paperboy®. All that is needed are batteries and a TV -- No videogame consoles and no gaming cartridges are required. Simply plug TV Games into the A/V jacks of any standard television set, turn on and play. The lightweight, compact, all-inclusive controller, houses a combination of videogames with all of the hardware built right into the controller. This technology allows gaming fans to enjoy a number of videogames with just one single purchase.
"We are excited by the response to the TV Games platform from the nation's gaming community," commented Jennifer Richmond, senior vice president of licensing, JAKKS Pacific. "We are very pleased to add Midway to our exciting roster of top licenses, and believe their games like Mortal Kombat and Defender will be excellent additions to the TV Games line."
Midway TV Games will debut at International Toy Fair 2004, and is expected to retail for approximately $20.00. For more information on JAKKS Pacific's TV Games™ line, please go to http://www.jakkstvgames.com.
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Re: Midway's Greatest Hits Comes To 'TV Games'

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The complete text of the press release is here:

<span style='color:gray'>MALIBU, Calif., Feb. 16 /PRNewswire-FirstCall/ -- JAKKS Pacific, Inc. (Nasdaq: JAKK) announced today that the Company has signed a worldwide licensing agreement with Midway to produce a version of JAKKS' TV Games&#153; based on classic Midway® titles. TV Games is a plug and play gaming system that contains multiple classic games in one single controller.
Midway TV Games will feature top-selling Midway games, including Mortal Kombat®, Spy Hunter®, Rampage®, Joust®, Defender® I & II, Robotron:2084®, Marble Madness®, Smash TV&#153;, Super Sprint&#153; and Paperboy®. All that is needed are batteries and a TV -- No videogame consoles and no gaming cartridges are required. Simply plug TV Games into the A/V jacks of any standard television set, turn on and play. The lightweight, compact, all-inclusive controller, houses a combination of videogames with all of the hardware built right into the controller. This technology allows gaming fans to enjoy a number of videogames with just one single purchase.
"We are excited by the response to the TV Games platform from the nation's gaming community," commented Jennifer Richmond, senior vice president of licensing, JAKKS Pacific. "We are very pleased to add Midway to our exciting roster of top licenses, and believe their games like Mortal Kombat and Defender will be excellent additions to the TV Games line."
Midway TV Games will debut at International Toy Fair 2004, and is expected to retail for approximately $20.00. For more information on JAKKS Pacific's TV Games&#153; line, please go to <a href='http://www.jakkstvgames.com' target='_blank'>http://www.jakkstvgames.com</a> .

About Midway Games, Inc.:
Midway Games, Inc. is a leading developer, publisher and marketer of interactive entertainment software. Midway videogames are available for play or scheduled for release on all major videogame platforms including the PlayStation®2 computer entertainment system, Xbox&#153; video game system from Microsoft, Nintendo GameCube&#153; and Game Boy® Advance.

About JAKKS Pacific, Inc.:
JAKKS Pacific, Inc. is a multi-brand company that designs and markets a broad range of toys and leisure products. The product categories include: Action Figures, Arts & Crafts Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush and Dolls. The products are sold under various brand names including Flying Colors®, Road Champs®, Remco®, Child Guidance®, Pentech®, Trendmasters®, Toymax®, Funnoodle®, Go Fly a Kite® and JPI Color Workshop®. The Company also participates in a joint venture with THQ Inc. that has exclusive worldwide rights to publish and market World Wrestling Entertainment&#153; video games. For further information, visit <a href='http://www.jakkspacific.com' target='_blank'>http://www.jakkspacific.com</a> .

MIDWAY, MORTAL KOMBAT, SPY HUNTER, JOUST, DEFENDER, ROBOTRON:2084, RAMPAGE and SMASH TV are trademarks of Midway Amusement Games, LLC. PAPERBOY, MARBLE MADNESS and SUPER SPRINT are trademarks of Midway Games West Inc. Used under license.

This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about JAKKS' business based, in part, on assumptions made by its management. These statements are not guarantees of JAKKS' future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to, those described above and the following: changes in demand for JAKKS' products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing and difficulties encountered in the integration of acquired businesses. The forward-looking statements contained herein speak only as of the date on which they are made, and JAKKS does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

For further information, please contact Genna Goldberg of JAKKS Pacific, Inc., +1-310-455-6235, gennag@jakks.net ; or John Mills of Integrated Corporate Relations, +1-310-395-2215, jmills@icrinc.com , for JAKKS Pacific, Inc. </span>
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