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Infogrames Entertainment Announces The Sale Of Its Atari Melbourne House Development Studio


WEBWIRE

Lyon, France, November 3, 2006 – In line with Infogrames’ corporate strategy announced in early 2006, designed to streamline operations at its internal development studios and get the most out of its franchises, the company announced today that it has sold Atari Melbourne House Pty Limited (Australia) to Krome Studios Pty Limited.

“The sale of our Melbourne House studio is consistent with the strategy implemented by the Group, which consists of prioritizing the outsourcing of development to external teams around the world, while focusing on the creation and production sides of the business,” explained Chairman and Chief Executive Officer Bruno Bonnell.

Under the terms of the sale agreement, the Atari game “Test Drive Unlimited” for Playstation 2 and PSP currently being developed by Melbourne House will be completed by the studio jointly with Eden Games.

The parties have not disclosed the financial terms of the agreement.

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About Infogrames Entertainment and Atari

Infogrames Entertainment (IESA), the parent company of the Atari Group, is listed on the Paris Euronext stock exchange (ISIN code: FR-0000052573) and has two principal subsidiaries: Atari Europe, a privately-held company, and Atari, Inc., a United States corporation listed on NASDAQ (ATAR).
The Atari Group is a major international producer, publisher and distributor of interactive entertainment software for all market segments and in all existing game formats (Microsoft, Nintendo and Sony) and on CD-ROM for PC. Its games are sold in more than 60 countries.
The Atari Group’s extensive catalogue of popular games is based on original franchises (Alone in the Dark, V-Rally, Test Drive, Roller Coaster Tycoon, etc.) and international licenses ( Dragon Ball Z, Dungeons & Dragons, etc.).

About Krome Studios

Krome Studios is one of the leading independent developers in the world and the largest game development studio in Australia with more than 280 employees. Founded in 1999, the studio is best known for developing the TY the Tasmanian Tiger™ series, which has sold two million units worldwide and is the best-selling Australian game of all time. Krome Studios has shipped more than a dozen titles, including the TY the Tasmanian Tiger™ series, The Legend of Spyro: A New Beginning, King Arthur, The Adventures of Jimmy Neutron Boy Genius™: Jet Fusion, Sunny Garcia Surfing™, Extremely Goofy Skateboarding, Barbie™ Beach Vacation™ and Championship Surfer™ to name a few. The official homepage of Krome Studios is www.kromestudios.com.



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