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Call-it Entertainment, Inc. Partners with Capcom to Launch Street Fighter Wireless Game Series


-- Call-it Entertainment brings Street Fighter's fighting appeal to emerging mobile game market

BEVERLY, Mass., May 16, 2002 - Call-it Entertainment and Capcom(R), a leading worldwide developer and publisher of video games, and creator of the world famous Street Fighter video game franchise, announce that Call-it Entertainment will publish wireless versions of the Street Fighter(R) series. The premier fighting game will be developed utilizing the SMS, WAP, J2ME and BREW platforms and will be distributed through North America's leading wireless telephone carriers. Call-it Entertainment's wireless version of Street Fighter will be introduced at the Electronics Entertainment Exposition (E3) in Los Angeles, May 22-24, and deployed into the market in the fourth quarter.

"I am thrilled to be supporting Capcom and to be working with great Japanese game content again" commented Call-it Entertainment's CEO, Tom Dusenberry, who formerly partnered with many top-notch Japanese companies to produce hit video and PC games as the CEO of Hasbro Interactive. "We're very happy about the chance to work with Street Fighter and we see it as an exciting property on which to launch Call-it Entertainment," Dusenberry added.

"We are extremely pleased to be a part of Call-it Entertainment's launch into this exciting new medium. Call-it has been aggressively building their library and Capcom is honored to be included," remarked Bill Gardner, President and CEO of Capcom USA.

Since its introduction as an arcade game in 1987, the Street Fighter series has sold more than 500,000 coin-operated units and 24 million console video games, generating more than a billion dollars in revenue. In addition, over 100 licensing agreements have been secured in a variety of diverse consumer markets, including a Street Fighter full length feature film that grossed more than $100 million in worldwide box office receipts.

About Capcom

Capcom Entertainment, headquartered in Sunnyvale, California, is a wholly owned subsidiary of Capcom, Co., Ltd. of Japan. A leading force in the multi-billion dollar interactive entertainment industry, Capcom's legacy spans more than 22 years of entertaining video gamers. Capcom develops, markets, and distributes home video games for the PlayStation(R) game console, PlayStation(R)2 computer entertainment system, Nintendo(R) GameCube and Xbox(TM) game consoles, Game Boy(R) Advance and Game Boy(R) Color Systems, personal computers, and coin-operated games. Worldwide recognizable product lines include the Resident Evil, Street Fighter, Mega Man, Breath of Fire, and Onimusha series. World headquarters in Osaka, Japan, the company also has offices in Tokyo, Hong Kong, London and Sunnyvale, California. The company is publicly traded on the Tokyo Stock Exchange code number 9697.

About Call-it Entertainment

Call-it Entertainment is a wireless entertainment publisher, developing games and other mobile wireless entertainment content for SMS, WAP, J2ME and BREW. Call-it Entertainment offers wireless service providers and their subscribers access to the most exciting branded, licensed and original entertainment products in the industry. Founded by game industry veterans Tom Dusenberry and Anthony Parks, Call-it Entertainment is headquartered in Beverly, Massachusetts. More information is available at callitentertainment.net.



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