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TOPIC: Electronic Arts Announces Strategic Partnership With Crytek

Electronic Arts Announces Strategic Partnership With Crytek 15 years 1 month ago #5416

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ELECTRONIC ARTS ANNOUNCES STRATEGIC PARTNERSHIP WITH CRYTEK GMBHWorldwide agreement to develop and publish new PC franchise Chertsey, Surrey, UK, July 23, 2004 – Electronic Arts (NASDAQ: ERTS), the world’s leading interactive entertainment software company, today announced a worldwide strategic partnership to develop and publish a new game franchise with developer Crytek GmbH. The agreement builds on Crytek’s success with its first title, the chart-leading first-person shooter, Far Cry, and brings together the creative talent of Crytek with the publishing expertise and unrivalled reach of Electronic Arts. The highly regarded German developer will create an exciting new game franchise for the PC based on original intellectual property. Financial terms of the agreement were not disclosed.""Bringing original intellectual property to the interactive entertainment market is a key focus for EA," said Frank Sagnier, Vice President, EA Partners Europe. "EAP’s partnership agreement with Crytek is a testament to our commitment to nurturing creative development and we are delighted to be working with one of the brightest talents in Europe to create what we believe will be an innovative gaming experience." Cevat Yerli, President of Crytek said, "We are looking forward to this partnership with EA. Our advanced technology and creativity, together with EA's production support, marketing and sales, means that we have a great opportunity to bring an original gaming experience to our consumers, as well as grow our business. We are thrilled to see this development get underway".About Electronic Arts Electronic Arts (EA), headquartered in Redwood City, California, is the world’s leading interactive entertainment software company. Founded in 1982, EA posted revenues of $2.96 billion for fiscal 2004. The company develops, publishes and distributes interactive software worldwide for video game systems, personal computers and the Internet. EA markets its products under three brand names: EA SPORTS™, EA GAMES™, and EA SPORTS BIG™. EA's homepage and online game site is www.ea.com. More information about EA’s products and full text of press releases can be found on the Internet at http://info.ea.comAbout EA PartnersElectronic Arts Partners (EAP) is EA’s publishing studio that focuses on the development and co-publishing of 3rd party products from throughout the world. EAP, which posted revenues of $360M in FY04, would rank among the Top 5 U.S. game companies based on revenues, if it were an independently operated organization. Currently, EAP has worldwide development and co-publishing agreements with Black Hole Games, Castaway Entertainment, Digital Illusions C.E., Free Radical Design, Gas Powered Games, Lionhead Studios and Warner Brothers Interactive. EAP also has regional partnerships including: Capcom, Koei, NovaLogic, NAMCO, LucasArts and Square Enix Co. EAP titles are both critically acclaimed and commercially successful. For Battlefield 1942, EAP and its co-publishing partner Digital Illusions C.E. won many prestigious awards including the 2003 Game Developers Choice Award for Excellence in Game Design and the 2002 Academy of Interactive Arts and Sciences Game of the Year. About CrytekCrytek®, creator of the award winning true next generation first person shooter Far Cry is an interactive entertainment development company located in Coburg, Germany. Crytek is dedicated to create exceptionally high quality computer and video games with their proprietary cutting edge 3D-Game-Technologies CryENGINE™ and Polybump™. For further information please visit www.crytek.com Press Release Linkage
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