Muppets Party Cruise is the first full-scale console game produced by TDK Mediactive under a deal with Henson to produce Muppet titles. This is the original press release announcing that deal.
TDK MEDIACTIVE SECURES MUPPETS™ LICENSE
Classic Muppet Characters to Hit Gaming Platforms in 2002
CALABASAS, CA –April 18, 2002 – TDK Mediactive, Inc. (OTC: TDKM.OB), a global publisher of entertainment software, announced today an exclusive three-year, renewable worldwide licensing agreement with Jim Henson Interactive, a division of The Jim Henson Company, for the Muppets™, one of the most prolific brands in the entertainment industry. The agreement ensures TDK Mediactive exclusive rights to develop and publish games based on many of the Classic Muppet characters, including Kermit the Frog™, Miss Piggy™, Fozzie Bear™, The Great Gonzo™ and more. Platforms covered by the license agreement include the PSOne and PlayStation®2 computer entertainment system, Xbox™ video game system from Microsoft, the Nintendo GameCube™ video game system, the Game Boy® Advance and PC platforms.
"The colorful Muppet characters and their hilarious antics are tailor-made for videogames," said Vincent Bitetti, chief executive officer of TDK Mediactive. "The Muppet license is a continuation of our efforts to diversify our business across all viable platforms, categories and age demographics and fits well into the "E" rated segment of our business."
"In celebration of the 25th anniversary of The Muppet Show, we've been expanding the reach of Muppet characters by leaps and bounds this year," said Craig Allen, General Manager and Senior Vice President, Jim Henson Interactive. "The licensing agreement with TDK Mediactive will ensure that high quality, entertaining Muppet games will be produced for a variety of platforms, giving our fans the world-over a true gaming experience that only the Muppets can deliver."
More about the Muppets license will be revealed at E3, South Hall, booth number 1446.
About the Muppets
About TDK Mediactive, Inc.
TDK Mediactive is part of TDK Corporation's global effort to expand its offerings to consumers of entertainment-oriented products. More information about TDK Mediactive and its products is available at www.tdk-mediactive.com
About Jim Henson Interactive
This release contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Readers should not place undue reliance on forward-looking statements, which reflect management's view only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstance. Readers should carefully review the risk factors described in the documents the Company files from time to time with the Securities and Exchange Commission.