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Acclaim Entertainment, Inc. Signs Exclusive Publishing Agreement With Team 17 For 'Worms 3D' and Forthcoming Title in North America.

Popular Video Game Brand Comes Home in 3D for First Time on Next-Generation Gaming Systems and PC

GLEN COVE, N.Y., Jan. 15 /PRNewswire-FirstCall/ - This spring, early birds will have some serious competition, as Acclaim Entertainment, Inc, today announced that it has signed an exclusive publishing agreement with Team 17 for Worms 3D, the latest installment in their popular video game brand that has sold more than 8 million units worldwide. Worms 3D, for the first time in the history of the popular series, transports players into a robust 3D world where they engage in epic battles against other teams of worms in an action-strategy game filled with outrageous, over-the-top weapons, humor and online head-to-head play.

"Worms 3D illustrates how proven brands can evolve over time and reap the benefits from the latest hardware platforms," said Rod Cousens, Chief Executive Officer of Acclaim. "We're pleased to be working with Team 17 on this title, as well as its soon-to-be-announced title which will launch in the fall of 2004."

Worms 3D expands upon the successful history of the turn-based action strategy franchise, featuring a bizarre and outlandish array of explosive weaponry and laugh-out-loud instances that will forever change the face of war. Worms 3D enhances the classic Worms gameplay, including favorite series' weapons such as ninja ropes, jetpacks and super sheep, as well as hilarious new weapons that were designed to take advantage of the new liberating 3D landscape. Worms 3D also includes fully destructible environments, more than 100 unlockable hidden features and a wide variety of single and multiplayer modes, including head-to-head online play.

Worms 3D will be available in February across the next-generation gaming systems and PC at suggested retail prices to be determined. For more information on this game, please visit worms3d.com/.

About Team 17

Team 17 Software Limited is a privately owned high calibre entertainment software development company headquartered in West Yorkshire, England. Team 17 has developed over 120 SKU's in their thirteen-year history and specializes in quality original titles using proprietary technology across all major hardware platforms. Key Team 17 franchises and brands include Worms, Alien Breed, Project X, Superfrog, Body Blows and StuntGP. For more information visit Team 17 website team17.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.

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