JoWooD Productions Software AG
JoWooD Prod. Software english
JoWood takes over the assets of Ravensburger Interactive
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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JoWooD takes over the assets of Ravensburger Interactive
Games publisher JoWooD Productions Software AG, a company quoted on the Vienna
Stock Exchange, today announced the takeover in an asset deal of extensive
Ravensburger Interactive Media GmbH activities. Ravensburger Interactive, whose
primary activity is publishing computer games, is a subsidiary of the well-known
German games manufacturer Ravensburger. With this agreement JoWooD continues to
strengthen its market position and to establish itself as by far the largest
German speaking publisher and developer of entertainment software.
Within the scope of this agreement, JoWooD takes over an extensive portfolio of
titles still in production at Ravensburger Interactive. The portfolio includes
nine high-quality software games for PC and console platforms to be published in
2002 and 2003 – among them the eagerly anticipated epic strategy role-playing
game “Arx Fatalis”, the business simulation “Wildlife Park” as well as the
console version of the underwater action game “Aquanox” for PlayStation 2.
Furthermore, both companies are currently discussing the ongoing marketing of
Ravensburger Interactive titles. Furthermore the cooperation between
Ravensburger Interactive and some of the sector’s most renowned development
studios offers further potential cooperation in development and publishing for
JoWooD.Within the scope of the Ravensburger Interactive takeover Thomas
Kirchenkamp (44)- outgoing chairman of Ravensburger Interactive – will be
appointed as the new CTO (Chief Technology Officer) in the JoWooD board as of
beginning of June 2002. He takes on this role from Johann Schilcher (40), one of
the company founders and main shareholders. At his own request Johann
Schilcher, creator of the famous Giant-series of products by JoWooD and
responsible for the successful title IndustryGiant, will resume his original
position as head of the development studio in Ebensee in order to fully
concentrate on the games development.
Further Information: Uwe Deisenhammer, CFO
Kristine Fessler-Brandl , Investor Relations
Tel: +43 3614-2966-1021 / Fax: +43 3614-2966-1023
end of ad-hoc-announcement (c)DGAP 16.05.2002
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WKN: 074735; ISIN: AT0000747357; Index:
Listed: Amtlicher Handel in Wien; Freiverkehr in Berlin, Frankfurt, München,
Stuttgart
160747 Mai 02
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