Xorg@cup.portal.com (Peter Ted Szymonik) (09/22/89)
> STR NewsPlus
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EPYX ANNOUNCES NEW DIRE TION FOR THE COMPANY
Redwood City, CA., September 15, 1989
Epyx Inc. announced today that the company is in the process of
making an orderly transition from a publisher of computer software,
who markets and sells it's own software, to a producer who develops
software for affiliation and/or licensing with other software
publishers.
Epyx just recently released REVENGE OF DEFENDER and continues to
develop product for release in 1990; Ishido, the oriental game of
strategy introduced at the Summer Consumer Electronics Show, will be
released shortly. The company also plans to continue their current
product through the end of the year.
"The NEW Epyx will be positioned to take full advantage of the
expansive video games industry," said Gilbert K. Freeman, president
and chief executive officer of Epyx. "As would be expected, we also
intend to develop and license titles for the new Atari Lynx, which
was designed and developed here at Epyx."
For further Information contact: Noreen Lovoi, 1-415-368-3200
STReport provides this release for a two fold purpose, first, to
allow the users the opportunity to learn the "Epyx" story first hand
and second, to dispel any rumors that may have a tendency develop
over the large employee layoff at Epyx. These events will have no
effect what-so-ever on the contemplated shipping date for the Lynx at
the end of October. The userbase may continue to count on seeing the
Lynx in distribution for the holiday season, New York and Los Angeles
will be first for Christmas, with more markets opening after the
Christmas holidays.
09/18/89 STR (c)89