Take-Two Interactive Software, Inc. Announces Results of Annual Meeting of Stockholders

NEW YORK, Sep 26, 2011 (BUSINESS WIRE) --

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced the results of the stockholder vote at its Annual Meeting of Stockholders held today.

The following directors were elected:

  • Strauss Zelnick, Chairman
  • Robert A. Bowman
  • SungHwan Cho
  • Michael Dornemann
  • Brett Icahn
  • J. Moses
  • James L. Nelson
  • Michael Sheresky

In addition, the Company's stockholders approved:

  • The Amendment to the Take-Two Interactive Software, Inc. 2009 Stock Incentive Plan;
  • The Management Agreement, dated as of May 20, 2011, by and between ZelnickMedia Corporation and Take-Two Interactive Software, Inc.;
  • The advisory vote to approve the compensation of the named executive officers;
  • The advisory vote on the frequency of holding future advisory votes to approve the compensation of the named executive officers (to be held on an annual basis); and
  • The appointment of Ernst & Young LLP as its independent registered public accounting firm for the fiscal year ending March 31, 2012.

A listen-only archive of the webcast of the Annual Meeting of Stockholders is available via the Internet by visiting http://ir.take2games.com.

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is a global developer, marketer and publisher of interactive entertainment software games for the PC, PlayStation ® 3 and PlayStation ® 2 computer entertainment systems, PSP ® (PlayStation ® Portable) system, Xbox 360 ® video game and entertainment system from Microsoft, Wii TM , Nintendo DS TM , iPhone ® , iPod ® touch and iPad ® . The Company publishes and develops products through its wholly owned labels Rockstar Games and 2K, which publishes its titles under 2K Games, 2K Sports and 2K Play. The Company's common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at  www.take2games.com.

All trademarks and copyrights contained herein are the property of their respective holders.

Cautionary Note Regarding Forward-Looking Statements

The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, our dependence on our Grand Theft Auto products and our ability to develop other hit titles for current generation platforms, the timely release and significant market acceptance of our games, the ability to maintain acceptable pricing levels on our games, our ability to raise capital if needed and risks associated with international operations. Other important factors and information are contained in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2011, in the section entitled "Risk Factors," and the Company's other periodic filings with the SEC, which can be accessed at  www.take2games.com. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE: Take-Two Interactive Software, Inc.

 

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