Joss Ellis, COO of Argonaut commented, "2003 is a big year for Argonaut and it
really begins at E3. In the next 7 months we’ll be releasing 4 titles across 9
skus – the highest output in any calendar year of Argonaut’s 20-year history. Of
course, it’s not just quantity that counts – it’s quality – and each of these
titles is strong on gameplay, graphics and contains unique features. With titles
like SWAT:GST, Carve and Bionicle Argonaut will demonstrate that we’re capable
of producing triple A, original and licensed games on time and on budget."

Argonaut’s most recent release, Kung Fu Chaos (Xbox – Microsoft) brings the
number of titles developed and released by Argonaut to an incredible 17, with 6
titles selling in excess of a million and 3 of those (StarFox N64; Croc – Legend
of Gobbos PSOne and Harry Potter and the Philosopher’s Stone PSOne) each selling
in excess of 3 million units worldwide. The formidable UK developer has now
clocked up sales of over 15 million games.

Jez San, OBE, founder and Chief Executive of Argonaut added, "It’s an exciting
time for us and we’re clearly in an enviable position, with plenty of cash and a
strong portfolio of signed titles and prototypes under development. 2002 was our
year of expansion and we’re now beginning to reap the rewards of our
investments, some of which will be on show at E3 for the first time. We’ve
worked closely with our publishing partners and are looking forward to some
positive feedback from E3, undoubtedly the single most important event in the
games calendar."

The games on show are:

SWAT:GST Vivendi (Xbox & PS2)
New Launch TBA (PS2 & GameCube)
Carve TBA (Xbox & Xbox Live)
Powerdrome TBA (PS2, Xbox & Xbox Live)
Bionicle EA/Lego (PS2) (I believe they are not showing Xbox, PC
or GameCube SKUs)

‘Carve’ is a fast-paced, jetski race game. Features include: 27 courses over 4
distinct and beautifully re-created locations; EMBM(Environment Mapped Bump
Mapping) – allowing unrivalled water effects (achievable only on Xbox); single
and Xbox Live multi-player modes; cheat mode, team based AI and an impressive
catalogue of tricks for players to learn.

‘Powerdrome’ – the retro classic brought bang up to date for PS2, Xbox and Xbox
Live. The futuristic racer is set to recapture the crown of a genre that has
lost its way. With game design being driven by Michael Powell, the creator of
the original Powerdrome, the prototype already demonstrates the competitive and
addictive qualities required by race fans.

The company floated on the UK Stock Exchange in March 2000 and recently
celebrated its sixth million selling title – Harry Potter and the Chamber of
Secrets (EA – PSOne). Previous multi-million selling successes include Croc: The
Legend of Gobbos (Fox – PSOne, over 3 million units sold); Harry Potter and the
Philosopher’s Stone (EA – PSOne, over 3 million units sold), StarFox (Nintendo –
N64 over 4 million units sold) bringing the total number of games sold to over
15 million. Argonaut has built a solid reputation for creativity and reliability
in developing both original and licensed titles for the world’s leading
publishers, including Microsoft, Electronic Arts, Lego, Sega, Nintendo, Vivendi
Universal and Namco.

In 1993 Argonaut developed the revolutionary SuperFX chip, a 3D graphics
accelerator for the Nintendo 64 and produced 3 titles that utilised the
technology. Star Fox N64 rapidly became the then best selling game of all time,
shifting over 4 million copies worldwide.