SCi Statement: High expectations on TRU launch, but PS2 have to wait

[nomedo]

On Nov 11th SCi, the owner of Eidos released an Interim Management Statement in which they said that they have high expectations on the release of TRU, and that it will help them financially. the first sales numbers of TRU will be presented in January.
but although the X360, PS3, PC, Wii and DS version will be released on Nov 18-21, the PS2 version will be released 'in the New Year'.

Originally Posted by SCi

Interim Management Statement


SCi Entertainment Group plc, the holding Company of Eidos Interactive Limited, creator of some of the world's leading videogame properties including Tomb Raider, Hitman, Deus Ex, Championship Manager and Kane & Lynch, is publishing its Interim Management Statement for the period from 1 July 2008 to 11 November 2008, in accordance with the UK Listing Authority's Disclosure and Transparency Rules.


The financial year has commenced in line with our expectations. As planned, no major products were launched in this period with the majority of revenues derived from the continued sell through of back catalogue titles and distribution of third party products.


Tomb Raider: Underworld™ will be released to plan on 18 November in North America and 21 November in Europe on the major platforms of Xbox 360, PLAYSTATION 3, Nintendo Wii, Nintendo DS and PC Games for Windows. A PlayStation 2 version is also due for release in the New Year. The much anticipated eighth instalment in the Lara Croft franchise is the first to be led by development on current generation technology and is the first Christmas release since the year 2000. Despite the challenging economic environment we believe the game will perform to our expectations and we are pleased with the initial feedback. As we move through the launch of Tomb Raider: Underworld our level of working capital will increase, covered by our £25m committed debt facility, before decreasing as we receive income from the game.


During this reported period Robert Brent joined the Company as Chief Financial Officer. Two Non-Executive Directors, Aaron Brown and Kevin Tsujihara, stood down from the Board.


We shall be updating the market on trading in January when we will have information on the performance of Tomb Raider: Underworld. The Company's Annual General Meeting will be held at 12 noon on 2 December at the offices of KBC Peel Hunt Ltd, Old Broad Street, London EC2N 1PH.

[source: InvestEgate.co.uk]

[john_york]

Why are these things never announced properly? The original delay from June to December came out in the same way.

[igonge]

That sucks for the PS2 owners having to wait while the rest of us get to play the game.

[icover]

Very bad news for me

[nomedo]

Originally Posted by john_york

Why are these things never announced properly? The original delay from June to December came out in the same way.

this is the proper way to announce it, not through media leaks or interviews, but to the share holders and with a official statment through a financial site.

[Angelus]

Candee Sparks won't be happy...

[john_york]

Originally Posted by nomedo

this is the proper way to announce it, not through media leaks or interviews, but to the share holders and with a official statment through a financial site.

No, the proper way to announce it would be a proper announcement to the fans, the people that are actually going to be shelling out their money for the game.

[Larson_1988]

Ah well, thanks for the notice though. I just removed the PS2 version from my preorder.

[igonge]

Originally Posted by john_york

No, the proper way to announce it would be a proper announcement to the fans, the people that are actually going to be shelling out their money for the game.

Well said.

[abraham]

Was tomb raider Chronicles released on Christmas time in 2000?