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ATARI Appoints David Pierce President and Chief Executive Officer; Entertainment Industry Veteran to Oversee Interactive Entertainment Company



    Atari, Inc. (Paris:IFG) (Nasdaq:ATAR), one of the
    world's most recognized brands and leading third-party video game
    publisher, announced today the appointment of David Pierce as
    President and Chief Executive Officer (CEO), effective immediately.
    Mr. Pierce is assuming the responsibilities of CEO previously held by
    Bruno Bonnell.
    In this role, Mr. Pierce assumes responsibility for the
    operational management of Atari and will partner with Mr. Bonnell to
    achieve strategic objectives of the Company. Mr. Bonnell will continue
    to serve as the Company's Chairman and Chief Creative Officer (CCO),
    steering the creative vision for Atari.
    Mr. Pierce has a proven record in establishing and growing
    companies. With more than 20 years of executive management experience
    with major entertainment companies such as Universal Pictures, MGM,
    Sony Pictures and Sony Music Entertainment, he brings an effective
    management style focused on the successful execution of strategic
    objectives and improving profitability. Mr. Pierce has successfully
    launched and established significant market share for numerous media
    devices. Additionally, his career covers the development and launch of
    branded entertainment properties, franchise development and delivery
    across multiple distribution channels.
    "Atari has been a cornerstone of a global cultural movement that
    forever changed how we experience entertainment. It's an honor for me
    to have the opportunity to contribute to Atari's exciting future,"
    stated Mr. Pierce. "There's a heritage of expectation that demands a
    high level of responsibility to our consumers and the interactive
    entertainment industry. I look forward to collaborating with the
    gifted and passionate individuals at Atari to build on that heritage
    and raise the bar on what consumers can expect."
    Mr. Bonnell commented, "David has spent his career in the
    entertainment business and has a clear understanding and appreciation
    for our consumers. His leadership skills, first-hand operational
    execution and keen focus on profitability and investment value make
    him the ideal person to lead Atari."
    "With David as my senior partner, we will strengthen the
    capabilities of Atari. Our skill sets are complimentary and we share a
    passion for providing consumers with compelling and unique
    entertainment experiences. David's track record is stellar and we are
    privileged to have an executive of his caliber and reputation leading
    Atari."
    As Executive Vice President and General Manager, Mr. Pierce
    spearheaded the complete restructuring and turnaround of Sony Wonder,
    a division of SONY BMG Music Entertainment. Under his leadership, the
    company achieved record revenue and multiple years of record profits.
    Prior to Sony Wonder, Mr. Pierce was the Senior Vice President of
    Columbia Tristar Home Video, a division of Sony Pictures
    Entertainment, from 1989 through 1994. Mr. Pierce was recruited to
    help devise and execute a complete reorganization of the company.
    Specific areas of focus included the reorganization of personnel,
    establishing sound financial controls, development of distribution
    strategies and establishing sales and marketing initiatives. Over a
    five year period, Mr. Pierce increased revenues, achieved record net
    contribution results and developed strategic distribution
    relationships with several leading entertainment companies including
    Sony Electronic Publishing, Epic Home Video and New Line Pictures. In
    1984, Mr. Pierce was recruited by New World Pictures to launch the
    company's video division, New World Home Entertainment. Through unique
    advertising campaigns and creative sales promotion, he established New
    World as the industry leader amongst independent production companies.

    About Atari

    New York-based Atari, Inc. (Nasdaq: ATAR) develops interactive
    games for all platforms and is one of the largest third-party
    publishers of interactive entertainment software in the U.S. The
    Company's 1,000+ titles include hard-core, genre-defining franchises
    such as The Matrix(TM) (Enter The Matrix and The Matrix: Path of Neo)
    and Test Drive(R); and mass-market and children's franchises such as
    Nickelodeon's Blue's Clues(TM) and Dora the Explorer(TM), and Dragon
    Ball Z(R). Atari, Inc. is a majority-owned subsidiary of France-based
    Infogrames Entertainment SA (Euronext - ISIN: FR-0000052573), the
    largest interactive games publisher in Europe. For more information,
    visit www.atari.com.

    Safe Harbor Statement

    With the exception of the historical information contained in this
    release, the matters described herein contain certain "forward-looking
    statements" that are made pursuant to the Safe Harbor provisions of
    the Private Securities Litigation Reform Act of 1995. Forward-looking
    statements in this release are not promises or guarantees and are
    subject to risks and uncertainties that could cause our actual results
    to differ materially from those anticipated. These statements are
    based on management's current expectations and assumptions and are
    naturally subject to uncertainty and changes in circumstances. We
    caution you not to place undue reliance upon any such forward-looking
    statements. Actual results may vary materially from those expressed or
    implied by the statements herein. Some of the factors which could
    cause our results to differ materially include the following: the loss
    of key customers, such as Wal-Mart, Best Buy, Target, GameStop and EB
    Games; delays in product development and related product release
    schedules; inability to secure capital; adapting to the rapidly
    changing industry technology, including new console technology;
    maintaining relationships with leading independent video game software
    developers; maintaining or acquiring licenses to intellectual
    property; fluctuations in the Company's quarterly net revenues and
    results of operations based on the seasonality of our industry; the
    termination or modification of our agreements with hardware
    manufacturers; and other factors described in our SEC filings.
    The Company undertakes no duty to update any forward-looking
    statements to conform the statement to actual results or changes in
    the Company's expectations.