Wrestling fans around the world will finally have their long-held dream answered, as Ultimate Warrior, one of the most popular, beloved wrestlers in the history of professional wrestling, is returning to the ring. Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM) today announced that it has signed an exclusive agreement with Ultimate Warrior to appear in Legends of Wrestling™: SHOWDOWN™, which is currently under development with Acclaim Studios Austin and scheduled for release in April 2004 across the next-generation gaming platforms.

Underscoring the significance of this announcement to the wrestling and gaming communities, Acclaim has launched a special Legends of Wrestling™: SHOWDOWN™ Web site (www.legendsshowdown.com) featuring exclusive, never-before-seen images of Ultimate Warrior, one of 70+ wrestlers who will appear in the game. Fans can visit the site and register to become part of “The Legends Legion,” a free membership that qualifies them to receive ongoing email updates highlighting the latest gameplay and talent announcements. The SHOWDOWN site will also provide visitors with exclusive product information and free downloadable desktop wallpaper.

“Legends of Wrestling™: SHOWDOWN™ is the ultimate wrestling super card,” said David Knies, Brand Director for Acclaim. “We revamped the Legends of Wrestling brand and created a ground-breaking game that establishes a new benchmark for future wrestling titles. To demonstrate our commitment to this game, we enlisted a new development team, secured a dream roster of wrestlers, developed new gameplay features and incorporated a realistic art style. SHOWDOWN is guaranteed to amaze and entertain generations of wrestling fans and gamers alike.”

“Hello Warriors. I have been waiting for the perfect time to make my return to professional wrestling,” added Ultimate Warrior. “Amidst the rumors and mistruths spread by others, my time to return is now and it’s with Acclaim. I’m thrilled to be working with Acclaim again on the new Legends of Wrestling™: SHOWDOWN ™ video game and I will take this opportunity to settle all unfinished business in the ring. Always Believe!”

Returning to the world of interactive entertainment after a seven-year hiatus, Ultimate Warrior worked directly with Acclaim Studios Austin to create a virtual character that is as authentic as the man himself, including his signature moves, unique look and mannerisms. A professional wrestler since 1985, Ultimate Warrior is recognized predominately for his talent inside the ring; he is a former WWE World Heavyweight Champion and a two-time WWE Intercontinental Champion.

Legends of Wrestling™: SHOWDOWN™ will be available in April 2004 across the next-generation systems at suggested retail process to be determined. For more information on this game, please visit www.legendsshowdown.com.

About Acclaim Entertainment
Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a worldwide developer, publisher and mass marketer of software for use with interactive entertainment game consoles including those manufactured by Nintendo, Sony Computer Entertainment and Microsoft Corporation as well as personal computer hardware systems. Acclaim owns and operates five studios located in the United States and the United Kingdom, and publishes and distributes its software through its subsidiaries in North America, the United Kingdom, Australia, Germany, France and Spain. The Company uses regional distributors worldwide. Acclaim also distributes entertainment software for other publishers worldwide, publishes software gaming strategy guides and issues "special edition" comic magazines periodically. Acclaim's corporate headquarters are in Glen Cove, New York and Acclaim's common stock is publicly traded on NASDAQ.SC under the symbol AKLM. For more information please visit our website at www.acclaim.com.

The statements contained in this release which are not historical facts are "forward-looking statements." Acclaim cautions readers of this press release that a number of important factors could cause Acclaim's actual future results to differ materially from those expressed in any such forward-looking statements. These important factors, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, technological changes, dependence on major platform manufacturers and other factors that could affect Acclaim, are described in Acclaim's Annual Report on Form 10-K for the fiscal year ended March 31, 2003, and Acclaim's subsequent Quarterly Reports on Form 10-Q, all of which were filed with the United States Securities and Exchange Commission. Readers of this press release are referred to such filings.

Posted By: Adam Paoli - 177 Reads

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August 20, 2004