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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Seaport Entertainment Group Inc | AMEX:SEG | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.095 | -0.47% | 20.105 | 20.41 | 20.05 | 20.22 | 6,025 | 14:38:01 |
RNS Number:4205I SCI Entertainment Group PLC 07 March 2003 For Immediate Release 7 March 2003 SCi Entertainment Group * Acquisition of interactive rights to Reservoir Dogs * New Product Acquisition * AGM statement At the Company's AGM this morning the Chief Executive of SCi, Jane Cavanagh, will make the following statement, "Following record sales and profitability for the financial year ended 30 September 2002, all of our plans remain firmly on track for the current financial year. The number one hit Conflict: Desert Storm has continued to sell well, particularly in the United States. Royalties arising from the US version will contribute to profitability in the current financial year. In addition, the Nintendo GameCube version of the product has been completed earlier than planned and will be released next month. We continue to build our future product pipeline. I am delighted to announce our acquisition of the interactive rights for the film, Reservoir Dogs. SCi has considerable experience in developing successful computer games based on strong movie plots, such as The Italian Job and The Great Escape. The Reservoir Dogs franchise is a very exciting challenge on which I look forward to making further announcements in due course. I am also very pleased to announce a further product acquisition entitled Midway. Our strategy of investing in high quality licenses and products, combined with partnering with high quality developers and strong distribution partners is proving successful. We are confident of our strong line-up for 2003 and 2004 and the Group is now assessing and initiating projects for the 2005 financial year." Reservoir Dogs SCi announced today that it has acquired the interactive rights to Reservoir Dogs. The film, directed by Quentin Tarantino, was released by Artisan in 1992 and has since enjoyed both critical acclaim and cult status from its fans. The acquisition of the rights significantly strengthens SCi's already robust new release pipeline. Reservoir Dogs will be developed by SCi on Sony Playstation 2 and Microsoft Xbox. The game design will remain faithful to the original movie with gamers able to play all of the key characters, including the infamous Mr Blonde. As well as a significant amount of combat action, the game will also include strong driving sequences. Midway SCi also today announced a new development agreement, with Mithis Games from Budapest. This impressive project, entitled Midway, has been in development for some time and will be launched by SCi during the 2004 financial year. - ends - For further information contact: SCi Jane Cavanagh 020 7585 3308 Rob Murphy Financial Dynamics Ben Foster 020 7831 3113 This information is provided by RNS The company news service from the London Stock Exchange END AGMJFMRTMMAMBTJ
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