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Acclaim Launches Global Mobile Gaming Unit

Acclaim Entertainment Inc. has announced the formation of Acclaim Connected, which will be dedicated to developing and licensing interactive entertainment content for global mobile gaming platforms. In July of 2003, Acclaim entered the mobile gaming market with an exclusive agreement with Vodafone Live!, offering content based on Acclaim's forthcoming console release, FREESTYLE STREET SOCCER, in Vodafone countries. Since, the company has expanded its mobile gaming offerings in the European market with its partnership with German mobile provider O2 to create a game based on its console release of XGRA: EXTREME-G RACING ASSOCIATION.

"Mobile gaming represents an opportunistic market that we believe is additive to our core publishing business, which can provide incremental revenue and additional global exposure for our brands," said Rod Cousens, ceo for Acclaim. "Our initiatives with FREESTYLE STREET SOCCER and XGRA mark the beginning of Acclaim Connected, and we are actively working on expanding our presence in this sector with the introductions of our other mass-market brands, such as LEGENDS OF WRESTLING GLADIATOR SWORD OF VENGEANCE."

Vodafone provides a full range of mobile telecommunications services, including voice and data communications. Vodafone has equity interests in 28 countries and partner networks in a further 8 countries, serving almost 120 million customers. For more information visit www.vadafone.com.

As a leading provider of mobile services to consumers and businesses in the U.K., O2 offers a range of services including text, media messaging, games, always on data connections (via "GPRS") and much more. Other services under development include music over mobile and mobile video. For more information visit www.o2.co.uk.

Based in Glen Cove, New York, Acclaim Entertainment is a worldwide, publicly-traded developer, publisher and mass marketer of software for use with interactive entertainment game consoles including those manufactured by Nintendo, Sony Computer Ent and Microsoft Corp as well as personal computer hardware systems. Acclaim owns and operates five studios located in the U.S. and the U.K., and publishes and distributes its software through its subsidiaries in North America, the U.K., Australia, Germany, France and Spain. For more information visit www.acclaim.com.

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