ACCLAIM MAX SPORTS BRINGS "X"-TREME" BMX ACTION TO XBOX' WITH 'DAVE MIRRA FREESTYLE BMX 2'

#1 Next-Generation BMX Video Game Franchise is Company's First Offering For New Next-Generation Hardware Platform

GLEN COVE, NY, November 29, 2001 - Delivering the most extreme BMX action available for the next-generation systems today, Acclaim Max Sports, a division of Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM), today announced that its premier franchise, Dave Mirra Freestyle BMX 2, has shipped for the Xbox(TM) video game system from Microsoft. The Company's first offering for Microsoft's new gaming system, Dave Mirra Freestyle BMX 2 is one of the most highly regarded titles in the interactive entertainment industry among consumers and the media, and is the only game that features 10-time world champion and 11-time X Games champion, Dave Mirra.

"Dave Mirra Freestyle BMX 2 set the benchmark for BMX action on the next-generation platforms and is one of the strongest performing brands in the action sports category today," said Steve Felsen, Senior Director of Brand Management. "Featuring unparalleled gameplay, dynamic graphics and two additional exclusive levels, Dave Mirra Freestyle BMX 2 is the perfect title for Acclaim to kick off its Xbox(TM) lineup."

Dave Mirra Freestyle BMX 2 challenges players to complete a variety of challenges to earn the respect of fellow riders as they progress through 10 massive levels, including two new Xbox(TM) video game system exclusive levels - Venice, Italy and Greenville, North Carolina, which feature the very best in vert, dirt, street and park riding. Developed by Z-Axis, Dave Mirra Freestyle BMX 2 offers an innovative S.I.K. trick system, which allows players to pull more than 1,500 tricks, including the new grind, wall ride and lip trick modifiers. In addition, the game features 14 pro riders, including Ryan Nyquist, Mike Laird, and Colin Mackay; super-competitive multiplayer games; and a state-of-the-art BMX Park Editor that allows users to create their own BMX experience. Although players can utilize the functionality of Xbox(TM) to create their own personal music soundtrack to enjoy while they play, Dave Mirra Freestyle BMX 2 also features a diverse in-game soundtrack, including:
 

• Rage Against The Machine - Wake Up;

• Ozzy Osbourne - Paranoid;

• Sublime - Doin Time;

• Sum 41 - Makes No Difference;

• The Cult - She Sells Sanctuary;

• Tribe Called Quest - Buggin' Out;

• Methods of Mayhem - Hypocritical;

• Godsmack - Keep Away;

• Fenix TX - All My Fault;

• Gang Starr - Moment of Truth.

Dave Mirra Freestyle BMX 2 is currently available for the Xbox(TM) video game system at a suggested retail price of $49.99. In addition, Dave Mirra Freestyle BMX 2 is also available for the PlayStation®2 computer entertainment system, Nintendo GameCube(TM) and Game Boy(R) Advance. For more information regarding this title, as well as Acclaim's entire 2001 holiday season lineup, visit www.acclaim.com. 

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 four studios located in the United States and the United Kingdom, and publishes and distributes its software directly in North America, the United Kingdom, Germany, France, Spain, Australia and the Pacific Rim. Acclaim also distributes entertainment software for other publishers worldwide, publishes software gaming strategy guides and issues "special edition" comic magazines from time to time to support its time valued brands, Turok and Shadow Man. 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.

About Xbox
Xbox (http://www.xbox.com/) is Microsoft's future-generation video game system that delivers the most powerful games experiences ever. Xbox empowers game artists by giving them the technology to fulfill their creative visions as never before, creating games that blur the lines between fantasy and reality. Xbox is now available in North America at the suggested retail price of $299.99* * Reseller prices may vary.

"PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.
Nintendo GameCube and the Nintendo GameCube logo are trademarks of Nintendo. © 2001 Nintendo.
Xbox is a trademark of Microsoft Corporation in the United States and/or other countries.

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