NEW YORK, April 5 /PRNewswire-FirstCall/ -- Atari, Inc. (Nasdaq: ATAR)
announced today the departure of Bruno Bonnell, effective immediately, from
all of his positions at Atari, Inc.
Bonnell was the Chairman of the Board, Chief Creative Officer, Acting
Chief Financial Officer and a director of Atari. Bonnell's departure from
Atari came at the same time as Bonnell's departure from his positions as
the Chief Executive Officer and a director of Infogrames and from all his
positions with subsidiaries of Infogrames.
Bruno Bonnell stated, "Since 2000 I have had the privilege of carrying
the Atari flag in our industry. I wish the very best to all the teams
moving on with the company, and I have no doubt in their talent and
experiences to bring Atari, Inc. to the top."
David Pierce, the President and Chief Executive Officer of Atari, said,
"Bruno Bonnell is a legend in the video games business. He was one of the
early participants in the industry as we know it, and was responsible for
major successes both on the creative and on the corporate side. We wish
Bruno success with any future undertakings, and as a result of his
dedication and efforts with Atari, Inc., we are well-positioned for our
future endeavors."
About Atari, Inc.
New York-based Atari, Inc. (Nasdaq: ATAR) develops interactive games
for all platforms and is a third-party publisher of interactive
entertainment software in the U.S. The Company's 1,000+ titles include
hard-core, genre- defining franchises such as Test Drive(R); and
mass-market and children's franchises such Dragon Ball Z(R). Atari, Inc. is
a majority-owned subsidiary of France-based Infogrames Entertainment SA
(Euronext -- ISIN: FR-0000052573), an interactive games publisher in
Europe. For more information, visit http://www.atari.com.
Safe Harbor Statement
With the exception of the historical information contained in this
release, the matters described herein contain certain "forward-looking
statements" that are made pursuant to the Safe Harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements in this release are not promises or guarantees and are subject
to risks and uncertainties that could cause our actual results to differ
materially from those anticipated. These statements are based on
management's current expectations and assumptions and are naturally subject
to uncertainty and changes in circumstances. We caution you not to place
undue reliance upon any such forward-looking statements. Actual results may
vary materially from those expressed or implied by the statements herein.
Some of the factors which could cause our results to differ materially
include the following: the loss of key customers, such as Wal-Mart, Best
Buy, Target, and GameStop; delays in product development and related
product release schedules; inability to secure capital; adapting to the
rapidly changing industry technology, including new console technology;
maintaining relationships with leading independent video game software
developers; maintaining or acquiring licenses to intellectual property;
fluctuations in the Company's quarterly net revenues and results of
operations based on the seasonality of our industry; the termination or
modification of our agreements with hardware manufacturers; and other
factors described in our SEC filings.
The Company undertakes no duty to update any forward-looking statements
to conform the statement to actual results or changes in the Company's
expectations.
SOURCE Atari, Inc.
