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Atari Announces Departure of Chief Executive Officer(June 07, 2005)
Atari, Inc. (Nasdaq:ATAR), a leader in interactive entertainment, today announced that James Caparro has resigned his position as Atari's President and CEO, effective immediately.
The board of directors appointed current Chairman and Chief Creative Officer, Bruno Bonnell, to act as CEO on an interim basis. The board has instituted an immediate search for a permanent President and CEO.
As announced by Glenayre Technologies, Inc. in an SEC filing on June 3, 2005, Mr. Caparro entered into an agreement to become the President and Chief Executive Officer of Entertainment Distribution Corp., a division of Glenayre.
Bruno Bonnell stated, "Atari has assembled a senior management team that is moving forward to execute its strategic objectives. The team -- from product development to marketing and sales to finance -- possesses enormous energy and experience to lead us as we evolve into a more dominant force in the entertainment industry."
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 games such as DRIV3R(TM), Enter the Matrix(TM), Neverwinter Nights(TM), Stuntman(TM), Test Drive(R), Unreal(R) Tournament 2004, and Unreal(R) Championship; and mass-market and children's games such as Backyard Sports(TM), Nickelodeon's Blue's Clues(TM) and Dora the Explorer(TM), Dragon Ball Z(R) and RollerCoaster Tycoon(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 http://www.atari.com.
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