February 11^th, 2004 (12:00am) - Vivendi Universal Games (VU Games) and Radical Entertainment today announced a worldwide development agreement under which Radical will exclusively develop products for VU Games. The two companies will collaborate on the development of six multi-platform titles based on new and existing entertainment franchises. VU Games will also obtain a royalty-free license to Radical’s proprietary game development technologies, as well as an option to purchase the company during contract’s term.Financial terms of the agreement were not disclosed.

VU Games and Radical Entertainment most recently collaborated on "The Simpson: Hit & Run," a critically acclaimed title that debuted on four platforms and has sold more than 1.8 million units worldwide since its September 2003 release. VU Games and Radical also worked together on "The Hulk" which has sold over 1.3 million units worldwide.

"Radical Entertainment is one of the preeminent game developers in North America and their track record speaks clearly as to why they are an attractive
development partner for our company," said Bruce Hack, Chief Executive Officer of Vivendi Universal Games. "Our agreement with Radical demonstrates VU Games’ commitment to strengthening our development capabilities."

"We are looking forward to focusing our development efforts with VU Games, as we’ve had tremendous success working with them over the past few years," said Ian Wilkinson, Chairman and CEO of Radical Entertainment. "Our team is very excited about today’s announcement and the new titles in development."

Radical Entertainment’s team of more than 200 creative and development professionals is based in the company’s existing Vancouver, B.C. location. Information regarding current and future titles in development will be announced in coming months.