AKLM Acclaim Entertainment (MM)

Acclaim Entertainment, Inc. Signs Deal With Renowned Hollywood Casting Director, Louis Digiamo Casting Expert Behind 'The Godfather,' 'Donnie Brasco,' 'The Exorcist' and 'Gladiator' to Secure Talent for Two New Action Video Game Brands to be Announced During E3 2004 GLEN COVE, N.Y., May 7 /PRNewswire-FirstCall/ -- Expanding its ties to the entertainment capital of the world, Hollywood, CA, Acclaim Entertainment, Inc. today announced that it has signed a deal with Louis DiGiamo, a world renowned casting director who possesses more than 25 years and 50 feature films to his credit. Having casted such critically acclaimed and commercially successful films as The Godfather, The Exorcist, Gladiator, Donnie Brasco, Rain Man, Good Morning Vietnam and Thelma & Louise, DiGiamo is currently working with Acclaim to secure Hollywood talent for inclusion two new action video game brands that will be announced during this year's E3 show being held in Los Angeles next month. "As interactive entertainment continues to rival the production values of feature films, Acclaim will aggressively look to harness the power of Hollywood to deliver experiences which captivate consumers and deliver all the thrills of the big screen," said, Rod Cousens, Chief Executive Officer for Acclaim. "We are very pleased to be working with Lou, who will play an important role in helping find the perfect actors to bring these exciting new brands to life." "The lines between Hollywood and video games are increasingly converging, and Acclaim is committed to leveraging the strength from each to create truly unique properties," added DiGiamo. "Both of these brands have all of the elements that make for great feature films -deep stories, dramatic character arcs and high-action scenes -- and I am excited to be working on their virtual backlot." About Acclaim Entertainment Based in Glen Cove, NY, 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, 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 under the symbol AKLM. For more information please visit our website at http://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. Contact: Alan B. Lewis Tara Monahan Acclaim Entertainment, Inc. Acclaim Entertainment, Inc. (516) 656-5000 (516) 656-5000 DATASOURCE: Acclaim Entertainment, Inc. CONTACT: Alan B. Lewis, , Tara Monahan, , both of Acclaim Entertainment, Inc., +1-516-656-5000 Web site: http://www.acclaim.com/

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