3DO Announces Street Racing SyndicateTM
Posted by benadmin on Monday, October 14 2002

REDWOOD CITY, Calif., Oct. 14 - The 3DO Company (Nasdaq: THDO) today announced that Street Racing Syndicate is currently in development for the PlayStation(R)2 computer entertainment system, the Xbox(TM) video game system from Microsoft, and the Nintendo GameCube(TM) system. Scheduled for release in 2003, "SRS" captures the heart of street racing culture, and includes extensive car customization, police intervention, and high stakes competition. The game is being developed by racing game specialist Eutechnyx Ltd., which has developed such popular titles as F1 World Grand Prix 2000, 007 Racing and Le Mans 24 Hours.

"With SRS, we have captured the essence of underground racing -- high stakes, high speed, and customization of realistically detailed cars," said Trip Hawkins, chief executive officer, The 3DO Company. "Every race has a lot at stake, including pink slips, cash, and, of course, the ladies' respect."

About Street Racing Syndicate
In SRS players begin by creating their own street racing characters, then set off to make names for themselves in the first of three cities. Players choose to race in illegal or officially sanctioned races. In illegal races, police may intervene to hand out tickets, impound cars, or throw players in jail. The after-market upgrades are licensed and customizable, and vehicles take realistic damage hits. In development for all next generation console systems, SRS is scheduled for release in 2003.

Features for SRS include:

High stakes such as money, pink slips, and the girlfriends of rival street racers

A detailed realistic damage option that affects a car's look and performance, and costs money to repair

The choice of illegal or officially sanctioned racing events

Build up vehicles with visual upgrades including licensed after-market parts

Tough cops who give tickets and fines, and impound cars

Play the extensive Street mode or drag race against friends using

Multiplayer modes

About The 3DO Company
The 3DO Company, headquartered in Redwood City, Calif., develops, publishes and distributes interactive entertainment software for personal computers, the Internet, and advanced entertainment systems such as the PlayStation(R)2 computer entertainment system, and the Nintendo GameCube(TM) and Game Boy(R) Advance systems. 3DO has also been licensed to develop and publish interactive entertainment products compatible with the Xbox(TM) video game system from Microsoft Corp. More information about The 3DO Company and 3DO products can be found on the Internet at http://www.3do.com.

About Eutechnyx Ltd.
Eutechnyx is an award-winning driving game developer based in the North East of England. The company was established in 1987 and since has produced over 300 titles. Its prestigious awards include the Sunday Times Tech Track 100, Deloitte and Touche Fast 50 Award and PC Format Gold Award.

The statements contained in this release that are not historical facts are "forward-looking statements" that are subject to risks and uncertainties. Potential risks and uncertainties include, without limitation, the Company's ability to complete the development and commercial release of products as currently planned, the popularity of the Company's brands, unanticipated expenses, and the consequences of competitive factors in the marketplace. Further information on potential factors which could affect such forward-looking statements and the Company's financial results are described in the Company's filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2002, and the Company's Reports on Form 10-Q for the fiscal quarters ended June 30, 2002, December 31, 2001, and September 30, 2001. The Company expressly disclaims the obligation to update any forward-looking statement to reflect events or circumstances after the date hereof.

NOTE: 3DO, Street Racing Syndicate, and their respective logos, are trademarks or registered trademarks of The 3DO Company in the U.S. and other countries. "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. TM,(R), Game Boy Advance and the Nintendo GameCube logo are trademarks of
Nintendo. Xbox is a trademark of Microsoft Corporation in the United States and/or
other countries. All other trademarks belong to their respective owners.