1 February 2001
('Warthog' or 'the Group')
ACTIVISION AWARDS WARTHOG X-MEN LICENCE
Warthog plc, the AIM listed interactive entertainment software group, has been
commissioned by Activision, the computer games publisher, to produce a game
based on Marvel Comics' popular X-Men characters. The award of this licence
follows Warthog's creation of the award-winning PlayStation title Star TrekTM:
Invasion for Activision. The X-Men title is being designed specifically for
next-generation console hardware and is scheduled for release in 2002. The
hugely successful X-Men movie, released in the US last year, was the fourth
biggest box-office opening in film history.
The X-Men comics were created in 1963 by Stan Lee, editor of Marvel Comics,
Inc. and are the best-selling comic book series on record.
Headquartered in Santa Monica, California, Activision, Inc. is a leading
worldwide developer, publisher and distributor of interactive entertainment
and leisure products. Founded in 1979, Activision posted revenues of $572
million for the year ended 31 March, 2000.
Ashley Hall, CEO Warthog plc, said:
'We are delighted at the opportunity to work with Activision again. We intend
to retain the highest game development standards at Warthog and are aiming to
create something unique that will exceed the expectations of Activision,
Marvel and ourselves.'
Julian Lynn-Evans, Activision's Vice President, European Studios said:
'We pride ourselves on the quality of our titles and strength of our brands.
Warthog did a great job on the development of Star Trek: Invasion, and it's a
pleasure to work with them on this exciting new project'.
CEO Warthog plc 0161 491 5131
Beeson Gregory Limited 020 7488 4040
David Simonson/ Sadhbh O'Gorman
Merlin Financial 0207 606 1244
Background to Warthog
Warthog was established in 1997 in Cheadle, Cheshire, to develop interactive
entertainment software, primarily for the computer games market. The Group's
workforce of over 100 includes 68 permanent full time staff and approximately
43 sub-contracted developers and consultants. It has a highly experienced
development team whose combined experience covers more than 100 games titles
across most major platforms and games genres, and with a wide demographic
Recent launches have included StarTrek Invasion for PlayStation, Asterix - the
Gallic War for PlayStation and PC, and Tom & Jerry TM for PlayStation and
GameBoy. Warthog is pioneering the use of multi-player game capabilities
across the internet and is best known to date for its development of the
highly acclaimed game Starlancer for publisher Microsoft, and for Sega's
Dreamcast for publisher Crave Entertainment. In July 1999, Warthog broadened
its skill base with the purchase, and subsequent integration, of Sourcery
Developments Ltd, a games developer with particular expertise in children's
games for the PlayStation and GameBoy platforms. As well as now developing for
all the major console platforms, Warthog retains strong relationships with a
wide spread of publishers across the industry, including Microsoft, Crave,
Activision, Psygnosis and Infogrames.
Dealings commenced on the Alternative Investment Market of the London Stock
Exchange today, Thursday, 1st February 2001.