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Studio Gigante Secures Next-Generation Console Development Deal
Will Develop Fighting Game Title

El Segundo, CA - March 19, 2001 - R.E.D. - Representing Entertainers & Developers, announced that its client Studio Gigante, a talented new game studio, has secured a game development deal with one of the industry's leading publishing companies. While the details of the agreement are being kept under wraps for the time being, the deal is a multi-million project to develop a fighting game title for a next-generation console.

Studio Gigante was formed in 2000 by John Tobias to follow up on his Mortal Kombat success. The Mortal Kombat games have sold more than 20 million copies in the home market, and the coin-operated series has generated hundreds of millions of dollars in revenue. Tobias also had a hand in creating the many spin-off properties associated with Mortal Kombat, including the blockbuster films, a syndicated television show, an animated series and various toy lines.

"Our goal in working with Studio Gigante was to secure for them development projects that were creatively challenging and financially rewarding, and we are happy that we succeeded together," said R.E.D.'s Jeff Brunner. "The next-generation consoles are some of the most exciting things happening in interactive entertainment, and Studio Gigante will develop a top-flight title."

R.E.D. is the interactive game industry's leading representation company and assists talented interactive game developers in securing development agreements with publishing companies.

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