Turbine Entertainment Software Name Change

[GameBanshee News]

The full press release:

Turbine Entertainment Software Changes Name to Turbine, Inc.

WESTWOOD, Mass.--(BUSINESS WIRE)--Feb. 15, 2005--Turbine Entertainment Software Corp. today announced that the company has changed its name to Turbine, Inc. No longer just a contract software developer, Turbine, Inc. is focused on creating, publishing and distributing premier online games and entertainment to consumers of all ages.
Today's announcement marks a key turning point from Turbine's ten-year history as a software developer in the online video games industry. Turbine will apply its proprietary technology, service organization, production capabilities, brands and financial resources to bring world-class products and services into the online games markets in North America and around the world.

"The pervasive acceptance of online subscription-based games and the increased adoption of broadband will enable new and exciting categories of online video games and services," said Jeffrey Anderson, president and CEO, Turbine, Inc. "Over the past decade Turbine and its products have achieved strong success that will be leveraged going forward. We are now extending our mission as a leading online entertainment company, supporting our games through launch and beyond with our marketing and service teams, providing a unique and comprehensive online experience for our fans."

The former contract developer began its transformation in 2003 when it acquired the sublicense to produce and operate the first massively multiplayer online game (MMOG) based on the world renowned Dungeons & Dragons® franchise. Turbine followed with the acquisition of the Asheron's Call® video games from Microsoft in 2004, becoming the franchise's publisher.

To mark the new name and dramatic shift in business focus, Turbine has launched a new web site at www.turbine.com. A radical departure from the company's previous web site, the new design reflects a commitment to current and prospective members of Turbine's colorful and thrilling online persistent world services.

About Turbine, Inc.

Turbine, Inc. is a premier producer, publisher and operator of online subscription entertainment and is headquartered in Westwood, Mass. With studios on two coasts, the Company is the largest privately held online games company in North America. Turbine's catalogue includes some of the most famous online entertainment brands, including Asheron's Call®, Dungeons & Dragons® Online and The Lord of the Rings(TM): Middle-Earth(TM) Online. For more information on Turbine and its services, please visit www.turbine.com.

TURBINE, Asheron's Call, Asheron's Call Dark Majesty, Fallen Kings, Turbine Engine, Asheron's Call: Throne of Destiny and Asheron's Call 2: Legions are registered trademarks or trademarks of Turbine, Inc. in the United States or other jurisdictions. All other trademarks are the property of their respective owners.