LADYDRAGON.COM - CODEMASTERS CONTINUES ACQUISITION HUNT AT E3

Tuesday April 15, 2003

CODEMASTERS CONTINUES ACQUISITION HUNT AT E3

After a successful GDC, Codemasters looks to expand developer relationships and pursue global publishing opportunities at E3

After building a tremendous amount of interest from game developers at the recent Game Developers Conference (GDC), Codemasters' acquisitions team looks to continue its worldwide business development momentum by acquiring further titles at this year's E3 expo (May 14-16, Los Angeles).

Codemasters¹ product acquisition team will be available to meet game developers at E3 (Codemasters booth 746, South Hall, Los Angeles Convention Center) and discuss global publishing opportunities. Codemasters is looking to sign titles for PC, PC online, PlayStation 2, Xbox and GameCube formats.

"GDC produced excellent results for Codemasters with over 80 submissions from the international development community,² said Gary Rowe, head of business development and manager of Codemasters¹ acquisitions program.

³We're in serious negotiations with a number of key developers we met with at GDC.² "However, Codemasters' acquisitions program remains open,² Rowe added. ³We're eager to use E3 as a platform to meet more developers and view more products that fit Codemasters' policy of publishing games of excellence."

Codemasters has provided publishing success for many external developers' products and continues to sign major titles in the marketplace; including the recently announced "American Idol" project from Hothouse Creations and the highly anticipated RTS title "Battlefield Command" from 1C.

Codemasters offers a variety of financing models for acquired products from external developers, including outright purchase of a title, license-based financing, completion bonds and further options.

Playing an important part of Codemasters' publishing program, acquired and external titles can also benefit from a co-operative development process.

Codemasters maintains an internal studio dedicated to working alongside external teams providing game design input and development support as necessary.

Codemasters¹ acquisitions team will be at Codemasters' E3 booth (#746, South Hall), to meet with developers and discuss projects and publishing opportunities for ongoing and planned products.