3DO SIGNS TOSHIBA AS HARDWARE LICENSEE;
PANASONIC GEARS UP FOR UK LAUNCH
REDWOOD CITY, Calif.-April 11, 1994-The 3DO Company today announced that
Toshiba, a consumer products, information and communications systems
manufacturer, has signed a hardware license agreement to manufacture, market,
and distribute 3DO(tm) products. Toshiba plans to develop a portable version of
the 3DO system that can also be installed in automobiles.
"Toshiba, with its outstanding reputation as a consumer electronics company,
is a welcomed member to the 3DO family," said Trip Hawkins, 3DO's president
and CEO.
Several other companies currently have hardware license agreements with 3DO,
including Matsushita, AT&T, Sanyo, Samsung, and GoldStar. Atari Games,
American Laser Games, and Electronic Arts have also been granted licenses to
develop coin-op arcade devices using 3DO technology, and Creative Technology
recently signed a tentative agreement to develop a PC card based on 3DO
technology.
Launch Plans Set for Europe
Panasonic U.K. Ltd. today also announced that it is planning to begin 3DO
launch activities this spring and that its REAL(tm) 3DO(tm) Interactive
Multiplayer(tm) system will be available in the United Kingdom this fall.
Introduction of the 3DO system in other European countries will follow the
U.K. launch.
Panasonic's launch plans in the U.K. include an extensive promotion,
including advertising, merchandising, and consumer competitions. Matsushita
Electric Industrial Co., Ltd. (MEI), Panasonic's parent company, also plans
to establish a 3DO software office in the United Kingdom to work with
software companies to ensure a wide selection of software for the 3DO system.
"Matsushita put all the pieces in place for a successful launch in Japan, and
it is working to put the same pieces in place for its European rollout,"
Hawkins said. "The focus and drive that MEI and our software licensees have
put behind the 3DO system will enable rapid product delivery in multiple
countries. It typically takes other companies about three years to accomplish
what we will do in less than one year with launches of the 3DO system in the
United States, Japan and Europe."
There currently are more than 20 3DO software licensees developing titles in
the U.K., some of which specifically target the British market. In addition
to these titles, more than 25 titles currently are available in stores in the
United States. 3DO expects most of these titles to be available for the fall
launch in the United Kingdom.
MEI's REAL(tm) 3DO Interactive Multiplayer system was launched in Japan in
mid-March under the Panasonic brand name, and is available through about
10,000 retail outlets nationwide. The system sells for a suggested retail
price of #180#54,800, currently equal to about U.S. $500. There are about 11
software titles currently available for the 3DO platform in Japan.
"Early indicators point to a successful launch in Japan," said Hiroyuki
Tachibana, general manager of MEI's Interactive Media division. "More than
50,000 3DO systems have been shipped to retailers in less than a month, and
consumer response has been strong. We are very pleased with the overwhelming
acceptance of the 3DO system throughout Japan."
The 3DO Company was formed to create a compelling new home interactive
multimedia platform by developing technology that achieves a breakthrough in
audiovisual realism at an affordable price, and by broadly licensing this
technology to hardware companies, software developers and publishers. 3DO's
initial product design, the 3DO(tm) Interactive Multiplayer(tm) system, is targeted
as the first interactive multimedia product that appeals to the entire
family.
###
3DO, the 3DO logo, and Interactive Multiplayer are trademarks of The 3DO
Company.
All other trademarks are the property of their respective owners.
> Hey everyone, here's a new press release. More good news for 3DO! Note
> the interesting part about 3DO technology licensed to ATARI GAMES for use in
> coin-ops! (Along with EA and American Laser Games).. Bizarre!
Looking for a flame? This has already been posted *days* before!
SLAM DUNK nutĒ
e-mail: TKha...@aol.com
73141...@compuserve.com
Melt-O-VisionĒ rules!
Jacky Cheung - the 1st Heavenly King!
I posted this press release the morning it came out. Whether it showed up
late to your site or there is something wrong with mine, I dont know. As
far as I know I was the first to post this info, but it may have been delayed
getting out from my site (there have been some problems lately).
Scott