ACCLAIM ANNOUNCES 3 PS2 GAMES
March 21, 2000

Acclaim today announced its first of several video game releases for the PlayStation2. Acclaim will release All-Star Baseball 2002 as well a new games based on the Ferrari Formula 1 and 360 Challenge series on the system.

The company is currently developing several new games for the PlayStation2 to be released during the Company's fiscal year 2001 (Sept. 1, 2000 - Aug. 31, 2001). As part of its PlayStation 2 strategy, Acclaim will develop new character-based games that will be platform exclusive (a strategy Acclaim has implemented often in the past but regretted at the end of the system's life, as is its situation with the N64 currently - more).

"We are dedicated to working closely with Sony Computer Entertainment to develop unique titles that take full advantage of this groundbreaking next generation system," said Greg Fischbach, co-chairman and CEO of Acclaim Entertainment. "We will vigorously support the PlayStation 2 computer entertainment system with the introduction of new, exciting, and high-quality titles during the launch period and ongoing. We will launch several new strong brands, such as Ferrari, and introduce Acclaim Sports titles leading with All Star Baseball 2002."