Chairman Caen Points the way to Future Growth BEVERLY HILLS, Calif., Nov. 13 /PRNewswire-FirstCall/ -- Interplay Entertainment Corp. (OTC:IPLY) (BULLETIN BOARD: IPLY) today announced earnings for the third quarter ended September 30, 2007. The Company reported a net income of $497,000, or $.006 per basic and diluted share, compared to net income of $1.6 million, or $.02 per basic and diluted share, in the same period last year. Net revenues for the three months ended September 30, 2007 were $47,000, a decrease of 86% compared to the same period in 2006. Net revenues for the nine months ended September 30, 2007 were $5.9 million, an increase of 872% compared to the same period in 2006 mainly attributable to the sale of the "Fallout" Intellectual Property. Gross profit margin for the three months ended September 30,207 was 68%, compared to 98% in the third quarter of 2006. Commenting on the results, Interplay Chairman and Chief Executive Officer Herve Caen said, "This quarter marks an important milestone in the company's difficult turnaround period of the past three years. We are now focused on a two-pronged growth strategy. As we are working to secure funding for the development of a Massively Multiplayer Online Game (MMOG) based on the popular Fallout franchise, we are at the same time exploring ways to leverage our impressive portfolio of gaming properties through sequels and various development and publishing arrangements." Caen added that the company is reinitiating its in-house game development studio, and has hired veteran game developer, Jason Anderson, as creative director of a yet unannounced Massively Multiplayer Online Game. About Interplay Entertainment Interplay Entertainment Corp. is a developer, publisher and licensor of interactive entertainment software for both core gamers and the mass market. The Company is most widely known for its titles in the action/arcade, adventure/role playing game (RPG), and strategy/puzzle categories. Interplay has produced titles for many of the most popular interactive entertainment software platforms and controls a large portfolio of Intellectual Properties including Battlechess, Clayfighters, Descent, Earthworm Jim, Freespace, Giants, Kingpin, MDK, Messiah, Sacrifice and Stonekeep: http://www.interplay.com/ . Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Statements contained in this release except for historical information are forward-looking statements that are based on current expectations and involve risks and uncertainties. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate," or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. The risks and uncertainties inherent in such statements may cause actual future events or results to differ materially and adversely from those described in the forward-looking statements. Specifically, there can be no assurance that the Company will complete a financing transaction, or any other strategic transaction on favorable terms or at all. Additional important factors that may cause a difference between projected and actual results for the Company are discussed in the Company's filings from time to time with the U.S. Securities and Exchange Commission, including but not limited to the Company's annual reports on Form 10-K, subsequent quarterly filings on Form 10-Q and current reports on Form 8-K. The Company disclaims any obligation to revise or update any forward- looking statements that may be made from time to time by it or on its behalf. DATASOURCE: Interplay Entertainment Corp. CONTACT: Luke Haase, for Interplay Entertainment Corp., +1-231-932-0400 Web site: http://www.interplay.com/

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