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Codemasters® and Sega Racing Studio

Friday, 25th April– Codemasters? today announced that it has reached an agreement with Sega that facilitates accelerated growth for Codemasters Studios. With immediate effect, Codemasters is to take over the Sega Racing Studio, based in Solihull, central England.

“In seizing this opportunity, we have created additional resources to escalate our plans in the racing segment,” said Rod Cousens, chief executive, Codemasters.“We hope to welcome more than 40 people to the company and we have enjoyed the full co-operation of our friends at Sega in making this happen. It is good business for Codemasters, an exciting prospect and there will be more to come as we are not content to stand still.”

ENDS

ABOUT CODEMASTERS STUDIOS

Creators of Colin McRae: DiRT™, Race Driver: GRID™, Operation Flashpoint™2 and further future titles, Codemasters Studios has existing facilities at Codemasters’ corporate headquarters in Warwickshire, with additional operations located in Guildford, UK, and Kuala Lumpur, Malaysia. Codemasters Studios recently won the UK Development Team category in the MCV Industry Excellence Awards 2008. In 2007, the Studios were named UK Developer of the Year in the 25th Golden Joystick Awards and the studio’s proprietary development technology, the EGO™ Engine, was also recognised as“Best Technology” in the awards hosted by TIGA, the Independent Game Developers Association.

ABOUT CODEMASTERS

Codemasters is a leading developer and publisher of best-selling interactive entertainment products for a global audience across multiple gaming platforms and channels. Established in 1986, the company’s dominant brands include Colin McRae: DiRT, Race Driver GRID, Overlord, and Operation Flashpoint. Codemasters is headquartered in Warwickshire UK, with North American operations based in Universal City, Calif. The company also maintains operations in Germany, France, Spain, Benelux and Malaysia. Codemasters receives over two million visitors to its web site every month, discover why at www.codemasters.com

Codemasters is a registered trademark owned by The Codemasters Software Company. All other trademarks are the property of their respective owners.

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