ACCLAIM ENTERTAINMENT, INC. TO BREAK SOUND BARRIER WITH 'XGRA: EXTREME-G RACING ASSOCIATION' FOR NEXT-GEN SYSTEMS Award-Winning Futuristic Arcade Racer Returns with Trademark Blistering Speed, All-New Gameplay Modes, Features, Weapons, Motorcycles and Controls E3, LOS ANGELES, CA, May 13, 2003 - Breaking the sound barrier and unleashing a futuristic two-wheeled assault on the next-generation gaming systems, Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM), today unveiled XGRA(TM): Extreme-G Racing Association. Developed by Acclaim Studios Cheltenham, XGRA: Extreme-G Racing Association is the latest installment in the Company's award-winning Extreme-G Racing brand that has sold more than 1.5 million units worldwide. Combining futuristic, high-speed motorcycle racing and combat, XGRA: Extreme-G Racing Association will feature all new gameplay modes, features, weapons, bikes, controls and unlockable content. "The Extreme-G Racing brand continues to set new benchmarks with each installment, and XGRA offers the most intense sense of speed and innovative arsenal of weaponry in the history of our series," said Ben Fischbach, Brand Director for Acclaim. "Building upon the core elements that have made this a perennial favorite among the media and consumers, XGRA will deliver an unparallelled futuristic racing experience." XGRA: Extreme-G Racing Association includes: * SiNN (Sports Interactive News Network) and the XGRA (Extreme Gravity Racing Association) create a future motor sport unlike anything ever experienced; * 8 different teams, all with unique histories, sponsors, and rivalries; * Variable missions and storylines that make each race part of a larger career; * A game structure designed to emulate a true motor sport season with various classes and race types; * Variety of different and completely modifiable vehicle types; * Wide range of characters, each with skills and statistics that affect how they race; * Rewards system that provides unlockable content, including new game modes and tracks, faster bikes and character-enhancing cybernetic implants; * Environments that bring worlds to life, highlighted by variable weather systems and uniquely constructed tracks and buildings; * Interactive HUD that provides all relevant information during the race, which can also be modified during gameplay; * Destructible objects within the race tracks, including gas pipes, bridges, and spectators can dramatically change the outcome of a race; * New weapons system that allows the player to easily select and use weapons without fear of losing focus on the race. XGRA: Extreme-G Racing Association will be available this summer across the next-generation systems at suggested retail prices to be determined. For more information on this game, please visit http://www.acclaim.com. Acclaim's complete showcase of products will be featured at E3 in Los Angeles, CA at booth #152 in the Concourse Hall.