Midway Appoints Martin Spiess Managing Director - Europe; Industry Veteran to Lead Midway's Growth in Europe
13 May 2005 - 11:00PM
Business Wire
Midway Games Inc. (NYSE:MWY), a leading developer and publisher of
interactive entertainment software, today announced that its
European publishing subsidiary, Midway Games Ltd., has appointed
Martin Spiess as managing director - Europe. Mr. Spiess will report
directly to Midway's senior vice president - entertainment, Mark
Beaumont. With more than eighteen years of interactive
entertainment marketing, sales and management experience, Mr.
Spiess will oversee all of Midway's European operations effective
immediately. Prior to joining Midway, Mr. Spiess was senior vice
president of European marketing at Atari, Inc. Before Atari, Mr.
Spiess held senior management positions with Crave and Virgin
Interactive. Mr. Spiess will be based in Midway's European
headquarters in London, U.K., and will oversee operations in all
PAL territories including Midway's recently established German
subsidiary, Midway Games GmbH. He will play a critical role in the
expansion of Midway's direct distribution efforts beyond England
and Germany. "Driving growth in the European territories is a major
initiative for Midway," said David F. Zucker, president and chief
executive officer of Midway. "We consider ourselves very fortunate
to have an experienced and talented industry veteran like Martin
Spiess running our European operation. This new appointment will
allow Midway to continue its strategy of becoming one of the
industry's top publishers," added Mr. Zucker. "Midway has enormous
potential for expansion in the European territory, and this is an
opportunity to build one of the strongest sales, marketing and
distribution companies in the industry," said Martin Spiess.
"Midway is committed to working with the best talent in the
industry and becoming a publishing force in Europe," added Mr.
Spiess. About Midway Headquartered in Chicago, IL with offices in
San Diego, CA, Seattle, WA, Austin, TX , Los Angeles, CA, Munich,
Germany and London, UK, Midway Games Inc. (NYSE:MWY) is a leading
developer and publisher of interactive entertainment software for
major video game systems. More information about Midway can be
obtained at www.midway.com. This press release contains
"forward-looking statements" within the meaning of the federal
securities laws concerning future business conditions and the
outlook for Midway Games Inc. (the "Company") based on currently
available information that involve risks and uncertainties. The
Company's actual results could differ materially from those
anticipated in the forward-looking statements as a result of these
risks and uncertainties, including, without limitation, the
financial strength of the interactive entertainment industry,
dependence on new product introductions and the ability to maintain
the scheduling of such introductions, the upcoming console platform
transition and other technological changes, dependence on major
platform manufacturers and other risks more fully described under
"Item 1. Business - Risk Factors" in the Company's Annual Report on
Form 10-K for the year ended December 31, 2004, and in the more
recent filings made by the Company with the Securities and Exchange
Commission.
Midway Games (NYSE:MWY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Midway Games (NYSE:MWY)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Midway Games (New York Stock Exchange): 0 recent articles
More Midway Games Inc. News Articles