REDWOOD CITY, Calif., May 13 /PRNewswire/ -- The 3DO Company (Nasdaq: THDO) announced today that Dominic Wheatley has joined the Company as Chairman of the Board of 3DO Europe Ltd., a wholly owned subsidiary of The 3DO Company. Wheatley co-founded Domark Software, a British games company, in 1984. Domark later became EIDOS Interactive, and Wheatley was CEO in the United States. Currently, Wheatley is a director of Statpro plc, a financial software company, and a member of Pi Capital Ltd., a venture capital group founded by the well-known venture capitalist Michael Stoddart. "The future is very bright and it couldn't be a better time to expand 3DO's presence in Europe," says Wheatley. "Trip is the only person and 3DO the only company I'd do this for. After drawing up plans with the executives at 3DO's headquarters in California, I agreed to assist them in setting up their European operation." "We will be exploring opportunities with an eye towards transitioning our current European licensing model into direct publishing throughout Europe," said Trip Hawkins, chairman and CEO. "With Dominic's games business experience on both sides of the Atlantic and 3DO's impressive product line-up, we are now well positioned to build an excellent European publishing business." In other management news, the Company also announced the appointment of Jeff Cleary to Vice President, Marketing. Cleary hails from Stagecast Software, Inc., a Palo Alto-based software product start-up Internet firm where he was the Vice President, Marketing and Sales, and member of the Board of Directors. Prior to that, Cleary served as Vice President of Galoob Toys, Inc., of South San Francisco, where he managed all aspects of the Boys Toys business, including the company's flagship brand, Micro Machines. Other professional experiences include brand management at Del Monte Foods/RJR Nabisco in San Francisco. Cleary holds a BA and Master of Science in Business Administration from San Francisco State University. In his new role at The 3DO Company, he will be responsible for expanding the Army Men(TM) franchise and taking the company's product franchise into the mass market. "Jeff's mass market experience is vital to the next stage of growth for our branded products. He not only understands the interactive market, but mass merchandising and the retail channel. His knowledge of e-commerce will only serve to help our brands grow," said Hawkins. 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) and Nintendo(R) 64 game consoles. 3DO markets and publishes its products worldwide under multiple brand names including New World Computing, Team .366 and 3DO. More information about 3DO's products can be found on the Internet at www.3do.com. This release contains forward-looking statements, which are subject to risks and uncertainties. Potential risks and uncertainties include, without limitation, the Company's ability to develop and ship future products, market demand and acceptance for the Company's current and future software products, and the consequences of competitive factors in the marketplace. Further information on potential factors which could affect these forward-looking statements and the Company's financial results are included 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, 1998, and the Company's Reports on Form 10-Q for the fiscal quarters ended September 30, 1998, and December 31, 1998. 3DO, New World Computing, Team .366, Army Men, and their respective logos, are trademarks and/or service marks of The 3DO Company in the U.S. and other countries. New World Computing is a division of The 3DO Company. PlayStation and the PlayStation logos are registered trademarks of Sony Computer Entertainment Inc. Nintendo and Nintendo 64, are registered trademarks of Nintendo of America Inc. (C) 1996 Nintendo of America Inc.
SOURCE The 3DO Company