News

ACCLAIM ENTERTAINMENT, INC. UNVEILS PRODUCT LINEUP FOR MAY'S 2003 ELECTRONIC ENTERTAINMENT EXPO

Products to Span All Next-Generation Gaming Platforms and Encompass Popular Action, Sports and Racing Genres

GLEN COVE, NY, April 17, 2003- Gearing up for the interactive entertainment industry's largest annual event, the Electronic Entertainment Expo (E3), Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM), today unveiled its diverse product lineup that will be on display at the Los Angeles Convention Center May 14-16. Spanning all of the next-generation gaming platforms and such popular genres as action, sports and racing, Acclaim is planning on featuring more than eight new brands, as well as making additional product announcements throughout the trade show.

"We are very excited about our 2003 release schedule and look forward to having these titles on display for the world to see during this year's E3 show," said Rod Cousens, Global President and Chief Operating Officer for Acclaim. "As the global audience for interactive entertainment continues to expand, we have focused our resources on creating a lineup that will appeal to the masses and hardcore gamers alike."

Acclaim's E3 product lineup includes:

ALIAS*

Based on ABC Television's hit drama series, "Alias" is a third-person action adventure video game that allows players to step into the role of the series' lead character, Sydney Bristow, an agent for the CIA. Bristow must use her cunning, extensive knowledge of martial arts and array of high-tech gadgetry to accomplish dangerous missions. "Alias" will encompass all of the key elements behind the series' success, including high-action combat, stealth missions and time-based objectives, espionage, intriguing plot twists, high-tech weaponry and stunning game play locations that span the globe.

GLADIATOR SWORD OF VENGEANCE

An epic adventure set in ancient Rome, where warriors' fates are decided by the cold steel of a sword. Gladiator Sword of Vengeance will feature an intuitive combat system that allows players to fight multiple opponents and unleash an array of deadly combo attacks and bloody finishing moves.

NBA JAM

The more than 6 million-unit-selling Granddaddy of Basketball is back! Redesigned from the ground-up for the next-generation gaming systems, NBA JAM brings supercharged NBA play to life with over-the-top, arcade-style, 3-on-3 basketball featuring its signature spectacular high-flying dunks, power-ups and hidden secrets.

SUMMER HEAT BEACH VOLLEYBALL

Summer Heat Beach Volleyball delivers the excitement of beach volleyball and takes players to the hottest locations to compete in 2-on-2 action. Highlighted by an all-new "Super Spike" system that allows gamers to earn special moves, speed-ups and unlock secret features, this is one day at the beach that gamers won't want to miss.

SPEED KINGS

Speed Kings is the full-on adrenaline rush of street motorcycle racing, right in the safety of your living room. Featuring insane stunts, including jumping over trains and powersliding under trucks, Speed Kings challenges players to become the high-performance king of the blacktop.

SX SUPERSTAR

SX Superstar is a wild ride into the essence of supercross, filled with arcade-racing action that will release the rock star within. In SX Superstar, players are the stars, taking their rider from the poorhouse to the penthouse. Pull huge air and squash the competition for a big win, then line your pockets with cold, hard cash. Rake in enough bucks and start living the good life with better bikes, bigger houses and of course, hotter chicks.

URBAN FREESTYLE STREET SOCCER

Urban Freestyle Soccer takes the world's most popular sport back to its street roots with gang-style teams competing against their rivals for the rights to home turf. It's a brand new type of soccer, featuring mind-blowing freestyle tricks and no rules in authentic, visually striking urban environments.

XGRA: Extreme-G Racing Association

The next installment in the critically acclaimed Extreme-G racing series, XGRA will transcend the racing genre. In addition to the ultra fast racing and high-tech weaponry that the series is known for, XGRA will incorporate a futuristic racing organization that will enable players to become part of mercenary teams that run for the highest rewards.

For more information about Acclaim's 2003 E3 lineup, please visit www.acclaim.com   Acclaim's complete showcase of products will be featured at E3 in Los Angeles, CA at booth #152 in the Concourse Hall.

About E3

Mark your calendar for May 14-16, 2003, as the industry converges on Los Angeles. E3 2003 will once again be the ultimate gathering for the interactive entertainment industry. So get on board, because this is your business...the business of fun! Register for E3 2003 today <http://www.e3expo.com/registration/>.

E3 is a trade event-only qualified industry professionals may attend. No one under 18 will be admitted, including infants.

* "Alias" was created by J.J. Abrams, who executive-produces the series along with John Eisendrath, Ken Olin, Alex Kurtzman-Counter, and Roberto Orci. The series, which is filmed in Los Angeles and premiered on September 30, 2001, is from Touchstone Television.

About Acclaim Entertainment

Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a leading 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.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 August 31, 2002, 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.