Infogrames Clarifies Development Situation

Following the announcement that Atari, Inc. is to close its development business and focus on publishing and distribution in North America, officials from French parent company Infogrames has moved to clarify that the company has is no way halted its own development plans.

Infogrames Entertainment has two principal subsidiaries: Atari Europe, a privately-held company, and Atari, Inc., a U.S. corporation in which Infogrames is the 51 percent shareholder. As a result of the possible confusion relating from Atari, Inc.'s announcements Infogrames has issued a statement.

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