Z-Axis Gets Its Move On

by: Jennifer -
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Z-Axis, the maker of EXTREME Games (see a theme today?) such as Aggressive Inline, has moved its headquarters to Foster City. Why? The studio was purchased by Activision awhile back and the move was done to accomodate the expansion plans in Northern CA. This is great news for design geeks as Z-Axis will be expanding its staff from 90 workers to 140 workers in the next 12 months. They're looking for artists, programmers, producers, animators and designers so throw your hat in the ring if you're interested.

Santa Monica, CA – February 10, 2005 -- Z-Axis, Ltd., a subsidiary of Activision, Inc. (Nasdaq: ATVI), announced today that the company has moved its headquarters from Hayward, CA to Foster City, CA in order to facilitate the studio’s expansion needs.

Z-Axis has leased a 23,000 square foot space, which will house a state of the art game design studio. In the next 12 months, Z-Axis expects to increase its staff from 90 to 140, and is currently looking to hire artists, programmers, producers, animators and game designers to work on current and next-generation console games.

“We are very excited to move our studio to Bayside Towers and expect that the new facility will enable us to accommodate all of our growth needs,” said Craig Alexander, vice president and general manager, Z-Axis. “We currently have two high-profile games in development based on popular comic book characters and the additional space will allow us expand both of our teams, as well as to ramp up for pre-production on some exciting new projects.”

Z-Axis is the award-winning creative studio behind the million-unit selling franchise Dave Mirra Freestyle BMX and the Aggressive Inline series. More information about the career opportunities at Z-Axis can be found in the “Careers” section of the Activision web site, which is located at www.activision.com.

Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products. Founded in 1979, Activision posted net revenues of $948 million for the fiscal year ended March 31, 2004.

Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Italy, Japan, Australia, Scandinavia, Spain and the Netherlands. More information about Activision and its products can be found on the company's World Wide Web site, which is located at www.activision.com.

The statements made in this press release that are not historical facts are “forward-looking statements.” These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. The Company cautions readers of this press release that a number of important factors could cause Activision's actual future results to differ materially from those expressed in any such forward-looking statements. Such factors include, without limitation, product delays, retail acceptance of our products, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, vendors and third-party developers, international economic and political conditions, integration of recently acquired subsidiaries and identification of suitable future acquisition opportunities. These important factors and other factors that potentially could affect the Company’s financial results are described in our filings with the Securities and Exchange Commission, including the Company’s most recent Annual report on Form 10-K and Quarterly Report on Form 10-Q. Readers of this press release are referred to such filings. The Company may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in the Company’s assumptions or otherwise. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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