Sega releases GUNVALKYRIE for Xbox

SEGA’S SCI-FI ACTION THRILLER GUNVALKYRIE
BLASTS ON TO XBOX

SAN FRANCISCO – (March 19, 2002) – SEGA(r) of
America today announced the launch of "GUNVALKYRIE(tm)," a
science-fiction-fueled action title available exclusively for the Xbox(tm) video
game system from Microsoft(r). Developed by SEGA’s legendary Smilebit studios,
the developers behind the hit "JSRF – Jet Set Radio Future(tm)," "GUNVALKYRIE"
delivers a rich anime-inspired storyline, jaw-dropping graphics and innovative
360-degree third person action. Set in a futuristic past overrun by nightmarish
technological advances and hordes of giant mutant insects, "GUNVALKYRIE" takes
gamers through epic outdoor environments and deep into labyrinthine caverns on
their quest to save the world from the effects of unchecked technological
progress. Armed with a jet pack and upgradeable weapons and armor, "GUNVALKYRIE"
gives gamers the ability to move freely through massive interactive environments
by mastering breathtaking aerial maneuvers. Featuring heart-pounding 360-degree
combat sequences where enemies attack from all directions, "GUNVALKYRIE" is an
intense exercise in speed, strategy and survival.

"’GUNVALKYRIE’ delivers some of the most
intense, innovative action available on any console, bar none," said Mike
Fischer, vice president of entertainment marketing, SEGA of America. "A blend of
old school action and next-generation sophistication, ‘GUNVALKYRIE’ takes full
advantage of Xbox, elevating third person action to dizzying new heights."

The "GUNVALKYRIE" story follows a brilliant
scientist named Dr. Hebble as he discovers a string of incredible technological
breakthroughs after harnessing mysterious energy emitted from Halley’s Comet.
When these advances accelerate beyond his control and the mysterious doctor goes
missing, the results threaten to destroy mankind. In response, GUNVALKYRIE, an
organization formed to police the misuse of technology, sets off to retrieve Dr.
Hebble and return order to the free world – by force.

"GUNVALKYRIE" is now available in retail
stores nationwide a suggested retail price of $49.95. The game is rated "T" for
"Teen."

About SEGA

SEGA(r) of America is the American arm of
Tokyo, Japan-based SEGA Corporation, a $3.5 billion corporation by market
capitalization, recognized as a worldwide leader in interactive entertainment
both inside and outside the home. The company develops, publishes and
distributes interactive entertainment software products for a variety of
hardware platforms including PC, wireless devices, and those manufactured by
Nintendo, Microsoft and Sony Computer Entertainment Inc. SEGA of America’s Web
site is located at

www.sega.com.

Xbox is a trademark of Microsoft
Corporation in the United States and/or other countries.