CHICAGO - July 10, 2008– Midway Games Inc. (NYSE: MWY), a leading interactive entertainment publisher and developer, today announced it has appointed Craig Duncan as studio head for Midway Studios - Newcastle. Craig joins Midway Studios - Newcastle with more than 10 years of senior development management experience. Craig spent over 5 years at Codemasters Software Co. Ltd in a number of roles managing external and internal development and development services. In his most recent role with Codemasters he held the title of director, product development. In this role Craig was responsible for worldwide product development. Craig will be leading development efforts on Midway's action-driving title Wheelman, as well as future projects at the Newcastle studio and will report directly to Matt Booty, Midway's Senior Vice President - Worldwide Studios, who is also currently serving as interim CEO and president of Midway.
Midway's Newcastle studio works in close conjunction with the company's European head office in London as well as Midway's US-based studios in Chicago, Austin, Seattle and Los Angeles to share technology and talent across a number of Midway's internal projects.
"We're very excited to announce the appointment of Craig Duncan as our Newcastle studio head," said Matt Booty. "We are confident that Craig's strong background along with his creative and technical expertise will further enhance the quality of upcoming games like Wheelman."
"Midway is committed to working with the best talent in the industry and becoming a publishing force in Europe," said Martin Spiess, executive vice president - international, Midway Games Ltd. "We consider ourselves very fortunate to have a seasoned manager like Craig Duncan running our Newcastle studio, and look forward to his future contribution."
Combining spectacular Hollywood-style stunts with a gripping storyline, Wheelman provides an adrenaline-fueled, cinematic thrill ride guaranteed to leave you breathless. Vin Diesel stars as an undercover agent and highly skilled driver who must infiltrate the Barcelona underworld to gather intelligence surrounding a covert heist. Posing as a driver-for-hire, he ends up caught in a crossfire of corruption and chaos while trying to stay one step ahead of local law enforcement and rival gangs.
Midway Games Inc. (NYSE: MWY), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com.
WHEELMAN is a trademark of Midway Home Entertainment Inc. All other trademarks are the property of their respective owners.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involves risks and uncertainties. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, 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, the current console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2007, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.
For more information contact:
Midway - Media Relations
Sr. Media Relations Manager - UK
+44 0 207 382 7720
Midway - Investor Relations
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