October 14^th, 2002 (12:00am) - Today 3DO announced "Street Racing Syndicate" is currently in development for the PS2, Xbox and the Nintendo GameCube. Scheduled for release in 2003, "SRS" captures the heart of street racing culture, and includes extensive car customization, police intervention, and high stakes competition. The game is being developed by racing game specialist Eutechnyx Ltd., which has developed such popular titles as "F1 World Grand Prix 2000", "007 Racing" and "Le Mans 24 Hours."

"With ’SRS,’ we have captured the essence of underground racing - high stakes, high speed, and customization of realistically detailed cars," said Trip Hawkins, chief executive officer, The 3DO Company. "Every race has a lot at stake, including pink slips, cash, and, of course, the ladies’ respect."

About "Street Racing Syndicate" In "SRS" players begin by creating their own street racing characters,then set off to make names for themselves in the first of three cities. Players choose to race in illegal or officially sanctioned races. In illegal races, police may intervene to hand out tickets, impound cars, or throw players in jail. The after-market upgrades are licensed and customizable, and vehicles take realistic damage hits. In development for all next generation console systems, "SRS" is scheduled for release in 2003.

Features for "SRS" include:

* High stakes such as money, pink slips, and the girlfriends of rival street racers

* A detailed realistic damage option that affects a car’s look and performance, and costs money to repair

* The choice of illegal or officially sanctioned racing events * Build up vehicles with visual upgrades including licensed after-market parts

* Tough cops who give tickets and fines, and impound cars * Play the extensive Street mode or drag race against friends using

* Multiplayer modes