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EIDOS AWARDS SHARE OFFER TO CHIEF EXEC

Eidos Interactive has awarded 168,000 worth of company shares to Chief Executive Michael McGarvey that will automatically mature if he stays with the company for a further three years, Associated Newspapers reports today. The deal, brokered last September, is unusual because it's not performance related. According to Eidos Interactive, the grant was make in order to ensure the continued retention of Mike McGarvey, even though Lara Croft Tomb Raider: The Angel Of Darkness missing out on the capitalization of the robust Christmas trading period due to development delays which adversely effected the company's share price.

Last Updated: Oct 11, 2003

CORE DESIGN HITS BACK AGAINST EIDOS PLC

According to our connections at Core Design, Angel of Darkness should not be on the shelves yet. The release date they were shooting for was Christmas 2003, probably a November release date as most of the rest of the TR games have had. Then, in Summer of 2002, Eidos told the Angel of Darkness team to have the program ready for release in Christmas of 2002, full twelve months before their original projected date of completion. Naturally, this was all but impossible, so Eidos backed the date up to February of this year. In the meantime, two of their staff quit due to a disagreement and the remaining AI programmer was, according to my informer, not exactly the best programmer we've ever used.

Last Updated: Sep 5, 2003

CORE DESIGN CO-FOUNDERS TO FORM STUDIO

Core Design co-founders Jeremy Heath-Smith and Adrian Heath-Smith are to front a new UK development studio along with key personal from Core Design following the recent debacle surrounding the release of Lara Croft Tomb Raider: The Angel Of Darkness and the subsequent controversial decision by publishers Eidos Interactive to port development to U.S. based studio Crystal Dynamics.

Last Updated: Aug 28, 2003

TOBY GARD HONOURED WITH ELSPA AWARD

The Entertainment and Leisure Software Publishers Association has awarded Lara Croft creator Toby Gard with an inaugural place in ELSPA's new Hall Of Fame, a distinguished Who's Who initiative aimed at honouring game designers and creators who have made pivotal contributions to the UK games industry, Games Paper reports. Tomb Raider, developed by Derbyshire-based studio Core Design, is one of the video-game industry's most potent franchise with 30 million unit sales to date and two major motion pictures starring Hollywood superstar Angelina Jolie.

Last Updated: Aug 27, 2003

EIDOS TO RELEASE ANGEL OF DARKNESS ED?

Following the decision by Eidos Interactive to charge U.S. based Crystal Dynamics with the future development of the Lara Croft Tomb Raider franchise, reliable sources have indicated directly to us that the now redundant editor responsible for creating Lara Croft Tomb Raider The Angel Of Darkness could be commercially available in the near future.

Last Updated: Aug 21, 2003

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