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Majesco Secures More Cartoon Network Game Deals on April 15, 2004.
Majesco's 'Game Boy Advance Video' Line-up Continues to Expand as Company Secures Rights to Publish Popular Cartoon Network Properties
EDISON, N.J.--(April 15, 2004)--Continuing an impressive series of content acquisitions for its Game Boy(R) Advance Video line-up, Majesco (OTC BB: MJSH) today announced an agreement with Cartoon Network to publish Game Boy Advance Video products based upon several Cartoon Network Original shows.
Under terms of the agreement, Majesco secured the North American and European rights to publish Game Boy Advance Video titles based on Cartoon Network properties, including Codename: Kids Next Door, Ed, Edd n Eddy, The Powerpuff Girls, The Grim Adventures of Billy & Mandy, Johnny Bravo, Courage the Cowardly Dog and Dexter's Laboratory.
"Our Game Boy Advance Video technology continues to draw accolades, and content providers have been eager to have their franchise properties accessible to the more than 30 million Game Boy(R) Advance and Game Boy(R) Advance SP users in North America and Europe," said Jesse Sutton, Chief Executive Officer, Majesco. "We are delighted to expand our relationship with Cartoon Network and bring their excellent programming to a potentially new audience."
"Kids love their Game Boys as much as they love Cartoon Network, so we think this deal to create content for kids on the go is a great idea," said John Friend, senior vice president, Cartoon Network enterprises. "In fact, we'll kick this deal off with Majesco by bringing our top series Codename: Kids Next Door to video for the first time ever through Game Boy Advance Video this spring."
Majesco's new Game Boy Advance Video line-up is scheduled to debut this spring. To register to receive additional information about new releases, please visit www.gba-video.com.
About Majesco's Game Boy Advance Video Technology
Majesco's new video compression technology presently allows viewing of approximately 45 minutes of quality color video with the capability to view 90 minutes of color video under development. The technology fits in a standard Nintendo-manufactured, Game Boy Advance cartridge and incorporates standard 'DVD-style' player controls. The technology features color video across 100 percent of the screen.
About Cartoon Network
Cartoon Network, currently seen in 86.4 million U.S. homes and 145 countries around the world, is Turner Broadcasting System, Inc.'s 24-hour, ad-supported cable service offering the best in animated entertainment. Drawing from the world's largest cartoon library, Cartoon Network also showcases unique original ventures such as The Powerpuff Girls, Dexter's Laboratory, Samurai Jack, Courage the Cowardly Dog, Ed, Edd n Eddy and other Cartoon Cartoons. Since its launch in 1992, Cartoon Network has remained one of ad-supported cable's highest-rated networks. Cartoon Network's Web site is located at http://CartoonNetwork.com (AOL Keyword: Cartoon Network).
Turner Broadcasting System, Inc., an AOL Time Warner company, is a major producer of news and entertainment product around the world and the leading provider of programming for the basic cable industry.
About Majesco
Established in 1986 and headquartered in Edison, NJ, with offices in the United Kingdom, Majesco (OTC BB: MJSH) is a leading international developer, publisher and distributor of interactive entertainment products for the Xbox(R) video game system from Microsoft, Sony PlayStation(R)2 computer entertainment system, and Nintendo GameCube(TM) and Game Boy(R) Advance systems, as well as the personal computer. The Company's 2004 lineup includes the critically acclaimed Advent Rising, the first in a trilogy of action/adventure games; BloodRayne 2, the sequel to its popular action/horror series, as well as the launch of its Game Boy(R) Advance Video product line, which utilizes the Company's proprietary video compression technology to enable consumers to view commercial-grade video on a standard Nintendo Game Boy Advance system. Majesco can be found online at www.majescogames.com.
Safe Harbor
Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as "may," "will," "intend," "should," "expect," "anticipate," "estimate" or "continue" or the negatives thereof or other comparable terminology. The Company's actual results could differ materially from those anticipated in such forward-looking statements due to a variety of factors. These factors include but are not limited to, the demand for our products; competitive factors in the businesses in which we compete; continued consumer acceptance of the gaming platforms on which our products operate and our products; fulfillment of orders preliminarily made by customers; adverse changes in the securities markets and the availability of and costs associated with sources of liquidity; changes in national, regional or local business conditions or economic environments; government fiscal and monetary policies; and legislative or regulatory changes that affect our business. The Company does not undertake, and specifically disclaims any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.
CARTOON NETWORK and logo are trademarks of and (C) Cartoon Network.
Source: Majesco
Reported by Joseph Bennett. |
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