JoWooD Productions Software AG
euro adhoc: JoWooD Productions Software AG
other
JoWooD
Productions Software AG announces a co-publishing agreement with
Namco Hometek Inc. for Stargate SG-1: The Alliance for the North
American Market. The final approval of said co-publishing agree
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
19.05.2005
JoWooD Productions Software AG, a public company listed at the Vienna Stock Exchange, announces the completion of an Agreement with Namco Hometek Inc. for the MGM licensed title Stargate SG-1: The Alliance in the North American Market. MGM Interactive Inc. has in principle approved the agreement. The final approval is expected within the next few days.
The contract with Namco Hometek Inc. is based on a co-publishing model including marketing funds exceeding 2 million USD for the multi platform title along with a considerable cash advance as contribution towards the cost of development. This commitment by Namco underlines the potential of the game.
To ensure a successful launch in the titles promotion the game will be presented by both Namco and JoWooD at this years E3 (Electronic Entertainment Expo), the industrys most important trade show, which will be taking place between the 18th and the 20th of May in Los Angeles, California.
Stargate SG1: The Alliance is based on the MGM TV series Stargate SG-1 and accounts for the most successful DVD sales with the development being completed by Perception Pty in Sydney, Australia.
JoWooD is looking forward to be working with Namco, as Albert Seidl, CEO of JoWooD states," it is an honour for us to be working with Namco, one of the leading publishers world-wide."
Namco is one of the leading publishers and distributors of interactive games. The consolidated turn-over is estimated at 1.5 billion USD, with an operational profit of 138 million USD.
end of announcement euro adhoc 19.05.2005 08:13:50
Further inquiry note:
JoWooD Productions Software AG
Dr. Albert Seidl, Vorstand
Matthias Rathammer, Investor Relations
Tel.: 43 (0)1 522 18 66 - 11
mailo:investor@jowood.com
http://www.jowood.com
Branche: Software
ISIN: AT0000747357
WKN: 074735
Index: WBI, ATX Prime, ViDX
Börsen: Berliner Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Frankfurter Wertpapierbörse / free trade
Bayerische Börse / free trade
Wiener Börse AG / official dealing