E3 Expo attendees will embark on a wild new adventure with Shrek® and his buddies when Activision, Inc. and TDK Mediactive, Inc. unveil Shrek 2(TM): The Game (working title) at Activision's booth #1224 in the South Hall on May 14 - 16.

Inspired by the upcoming film and expanding its storyline, Shrek 2: The Game (working title) features Shrek's signature humor and comedic interactions. Players experience key moments from the film and encounter a variety of new characters, environments and sub-plots as they switch between Shrek, Donkey or one of their six friends. The game is being co-published worldwide by Activision,

New Application Enables Nintendo Game Boy Advance and Game Boy

Advance SP To Play Color and Sound Cartoon Episodes

4Kids Entertainment announced today the debut of GBA-TV, an exciting new application for the estimated installed base of 12 million Game Boy® Advance systems.

GBA-TV cartridges containing cartoon episodes play on Game Boy Advance and Game Boy Advance SP systems in the same manner as video game cartridges. Special proprietary technology developed by the 4Kids Entertainment subsidiary, 4Kids Technology, Inc., enables kids to watch the cartoons contained in the GBA-TV cartridges on their Game Boy Advance. The technology enables the Game Boy Advance to

Atari, Inc. and TimeGate Studios, Inc. announced today a partnership to develop a new PC installment of Axis & Allies, the popular World War II game franchise. Axis & Allies: RTS (working title) is inspired by the game of war, strategy and economics found in the best-selling Axis & Allies board game, but features unique elements that allow players to change the course of history in new ways. Axis & Allies: RTS is being developed for the PC by TimeGate Studios, creators of the award-winning Kohan series, and is scheduled for release in fall 2004 for the PC.

In Axis &

Serving up a dose of sun, fun and sand right into gamers' living rooms, Acclaim Sports, a division of Acclaim Entertainment, Inc. (Nasdaq: AKLM - News), today unveiled Summer Heat Beach Volleyball(TM) for the PlayStation®2 computer entertainment system. The only beach volleyball game available for the PlayStation®2, Summer Heat Beach Volleyball takes players on a journey to the world's hottest summer spots to face off in fast-paced 2-on-2 arcade action.

"We're very excited to offer PlayStation®2 owners their own exclusive beach volleyball game," said David Knies, Director of Acclaim Sports. "With addictive gameplay and easy-to-use controls, Summer Heat Beach

Flying off the top rope and into the hands of every wrestling fan, Acclaim Sports, a division of Acclaim Entertainment, Inc. today announced its return to the squared circle with the spring 2004 release of Legends of Wrestling(TM) III for the next-generation systems. Currently under development with Acclaim Studios Austin, the latest installment in the series is being rebuilt from the ground up with enhanced graphics, new features, new matches, more than 70 Legends and an all-new intuitive player control scheme.

"The original concept behind the Legends of Wrestling(TM) brand continues to appeal to wrestling fans and gamers alike,

Aquanox 2 (PC)

Chaser (PC)

Cold Zero (PC)

Microsoft Corp. is introducing a series of enhancements for its Xbox videogame system, including music software and online-gaming options that underscore the software giant's plans to use videogames to move more broadly into digital entertainment, Tuesday's Wall Street Journal reported.

Presenting to members of the videogame industry assembled for a convention here this week, Microsoft described software that can let consumers record, mix and organize digital music on the Xbox. The company also announced enhancements to its online-gaming service, called Xbox live, that lets players set up online games and check scores from their personal computers and cell phones as well

In an attempt to boost sales and lure more video-game players online, Sony Corp. plans on giving buyers of its PlayStation 2 system a free modem device that previously cost $40.

Sony will now sell its PlayStation 2 standard with its Network Adapter, which allows video-game players to hook up via the Internet to compete with each other. The company didn't specify an exact start date for the promotion, but said it would happen over the summer.

Industry watchers had been uncertain whether Sony would offer any promotion, since PlayStation 2 sales have eclipsed competitors in the game-console arena, Microsoft Corp.'s Xbox

KONAMI SHOWCASES GRADIUSTM V AT ELECTRONIC ENTERTAINMENT EXPO 2003
GradiusTM V Blasts onto PlayStation® 2 in Winter 2003 – Continues in Konami's Longest Running Shooting Franchise

Konami Corporation today offered gamers an opportunity to play – for the first time ever – GradiusTM V for Sony PlayStation® 2 computer entertainment system. Continuing Konami's longest running shooting franchise, the latest installment in the series features the classic GradiusTM action gameplay with all new features, including new Option Controls, original level designs, new weapons, captivating missions and dazzling nextgeneration graphics.

Featuring the return of the Vic Viper and the series' classic side-scrolling blasting action,

GAMERS REVISIT SPINE-TINGLING TOWN IN KONAMI'S SILENT HILL® 3
The Nightmare Begins in August 2003

Konami of America, Inc., a subsidiary of Konami Corporation (NYSE: KNM), today announced that the critically acclaimed game Silent Hill® 3 will be available on the PlayStation® 2 computer entertainment system in August 2003. Featuring an all-new groundbreaking graphics engine, a brand new playable character, stunning new environments and a haunting soundtrack, Silent Hill 3 promises to set the standard for quality in the horror genre. Further enhancing the Silent Hill experience, the game will ship – in North America only – with the Official Silent