SCi ENTERTAINMENT
EXCEEDS PROJECTION
Copyright 2006 www.tombraiderchronicles.com
[ January 23rd 2006 ]
The Board
of SCi Entertainment
Group, the UK's leading computer games publisher,
is pleased to announce that the level of sales
activity in the first six months of the financial
year, to 31 December 2005, has exceeded £40 million.
This
is approximately £15 million better than the Group's
internal budget. As the major portion of the Group's
revenues arise in the second half of the financial
year to 30 June 2006, the Group has not revised
its internal budget for the financial year as
a whole.
Additional
sales arose primarily from the continued distribution
of Lego
Star Wars, on Sony Playstation 2, Microsoft
Xbox, PC and Nintendo Gameboy Advance. This product
was also successfully launched on the Nintendo
Gamecube in October 2005. Lego Star Wars has performed
particularly well in the United States, demonstrating
the strength of the Group's US publishing operation.
The major
portion of the Group's revenues will arise in
the second half of the financial year to 30 June
2006 as a result of the strong line up of new
products due for release, including the eagerly
awaited next installment of the Tomb
Raider franchise, Lara Croft Tomb
Raider Legend.
We are
also pleased to announce further versions of Lara
Croft - Tomb Raider. Lara Croft Tomb Raider
Legend will be launched on the Sony PSP in Summer
2006. In addition we are developing a special
edition of Tomb
Raider to celebrate the Tenth
Anniversary of Lara Croft, clearly established
as one of the icons of video games.
The six
months to 31 December 2005 was the first full
six month period following SCi's acquisition of
Eidos in May 2005. The integration of SCi and
Eidos is now complete and the Group remains confident
of delivering its plans for the full financial
year.
In October
2005, the Board of SCi announced that it had received
approaches that may or may not lead to an offer
for the Group. The Board remains in discussions
and will update shareholders as to any developments
when appropriate.
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