Further strengthening its racing games legacy, Namco Hometek Inc. announced today
that it has purchased Street Racing Syndicate (SRS) out of video
game publisher 3DO’s bankruptcy court proceedings. Currently in development
at UK-based studio, Eutechnyx Ltd., Street Racing Syndicate puts players behind
the wheel in the fast-paced world of underground motorsports. Under Namco’s
new charge, the title will release in Q3 2004 on the next generation game consoles.

“Purchasing Street Racing Syndicate is a huge win for Namco as we
continue to enhance our position in the video games industry,” said
Nobuhiro Kasahara, president and COO of Namco Hometek Inc. “Together
with the talented development team at Eutechnyx, we are confident that SRS will
become a triple ‘A’ racing title.” . . .

Street Racing Syndicate realistically captures the competition, lifestyle,
and action of real street racing. With money and respect always on the line,
nights in this underground world are filled with high-risk at every turn. Players
can customize their cars with authentic parts, cool paint and anything else
bought or won from their competitors. Hot cars, including real licensed vehicles
and parts are represented with lifelike physics and authentic damage that affect
both the looks and performance of the vehicles. Drivers race for money, pink
slips and even the girlfriends of rival street racers.

Eutechnyx has developed many of the world’s most popular driving games such
as Test Drive Le Mans, 007 Racing and Big Mutha Truckers. For Street Racing
Syndicate, the developer recently received the prestigious Best Racing Game
of the Show award at E3 (Electronic Entertainment Expo 2003) from Maximum Play
magazine.

“Eutechnyx is exceptionally pleased that we will be working with
Namco in the realization of Street Racing Syndicate,” said Brian
Jobling, managing director of Eutechnyx Limited. “With Namco’s
attention to detail and un-paralleled history in the car racing genre, this
partnership will deliver a gameplay experience that exceeds the highest expectations
of an SRS-hungry audience.”

About Namco Hometek Inc.
Namco Hometek Inc. is the U.S. consumer division of Namco Limited, a Tokyo-based
world leader in the high-tech entertainment industry. Based in San Jose, CA,
Namco Hometek Inc. is an award-winning video games publisher for the next generation
game consoles. Namco has created some of the industry’s greatest video
game franchises: Tekken, SOULCALIBUR, Dead to Rights, Pac-Man World, Ridge Racer,
Time Crisis and Ace Combat. For more information about Namco and its products
log onto www.namco.com.

Filed under: Games

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