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New York, NY – August 16, 2007 – 2K Games, a publishing
label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), announced
today that it will publish Borderlands™, the latest release from
acclaimed developer Gearbox Software, for the Xbox 360™ video game and
entertainment system from Microsoft, PLAYSTATION®3 computer
entertainment system and Games for Windows®. As the first title in an
all-new sci-fi action franchise, Borderlands combines the best elements
of Gearbox Software's famed first-person action titles with player
customization and vehicular combat to create an unprecedented gaming
experience.
Gearbox Software has developed revolutionary new
technology to create Borderlands' incredible layers of gameplay depth.
Borderlands features a groundbreaking content generation system allowing
for near-endless variety in missions, environments, enemies, weapons,
item drops and character customization.
"Borderlands represents
an important evolutionary leap in game design and technology," said
Christoph Hartmann, President of 2K. "By utilizing revolutionary new
technology to create thousands of unique, randomly generated missions,
weapons and situations, Borderlands will raise the bar for next gen
action games."
Borderlands is an extraordinary cooperative
experience, allowing for multiple players to share the same game
experience simultaneously online. Players can freely join or leave each
other's games at anytime, or choose to play in the full single-player
mode. Borderlands features life-like character animations, impressive
real-time physics, and customizable vehicles.
"Borderlands
creates a universe of gameplay that goes far beyond anything anyone
would expect. We're tapping into every bit of Gearbox Software's
experience with the biggest science fiction video game franchises, then
taking everything way past the next level," said Randy Pitchford,
President of Gearbox Software. "The team at 2K Games shares our passion
for pushing boundaries in gameplay and storytelling and are absolutely
perfect partners for Borderlands."
Borderlands will be
available holiday 2008 for PLAYSTATION 3 system, Xbox 360 and Games for
Windows®. For more information, see the Borderlands cover story in the
September issue of Game Informer Magazine.
About Gearbox
Software
Gearbox Software, an independent video game
development studio located in Dallas, TX, is respected industry-wide for
their ability to create award winning, blockbuster interactive
entertainment. The company has established itself as an industry leader,
developing games for many of the industry's top franchises including
Half-Life: Opposing Force, Half-Life: Blueshift, Half-Life
PlayStation®2, Halo: Combat Evolved, Aliens and Tony Hawk. Gearbox
Software's first original brand, Brothers in Arms, was launched in 2005
and has become one of the highest rated and best selling franchises in
the genre. The company is currently developing multiple original titles
for next generation video game consoles and Windows Vista™. Additional
information regarding Gearbox Software can be found at
www.gearboxsoftware.com.
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, PlayStation® game console,
PlayStation®2 and PLAYSTATION®3 computer entertainment systems, PSP®
(PlayStation®Portable) system, Xbox® and Xbox 360™ 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 and 2K Sports,
and Global Star Software; 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.
Microsoft, Xbox, Xbox 360, Xbox
Live, the Xbox logos and the Xbox Live logos are trademarks and/or
registered trademarks of Microsoft Corporation in the U.S. and/or other
countries.
"PlayStation", "PLAYSTATION" and "PS" Family logo are
registered trademarks of Sony Computer Entertainment Inc. Memory Stick
Duo™ may be required (sold separately).
All trademarks and
copyrights contained herein are the property of their respective holders.
Safe
Harbor Statement under the Private Securities Litigation Reform Act of
1995: This press release contains 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. Other important factors are
described in the Company's Annual Report on Form 10-K for the fiscal
year ended October 31, 2006, and in the Company's Form 10-Q for the
second quarter ended April 30, 2007 in the section entitled "Risk
Factors."
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