Kenneth D. Cron, Chairman of the Board, stated, “We would like to thank Ira Sheinfeld for his long service and thoughtful contribution to Midway. His leadership has been invaluable from the moment Midway became a public company back in 1996, and we wish him the best in his future endeavors.”
Shari E. Redstone, Vice Chairwoman of the Board, stated, “Ira’s expertise and experience have provided the Board with insightful, steady guidance, and we thank him for his many years of service to Midway.”
About Midway Games
Midway Games Inc. (NYSE:MWY), headquartered in
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involves risks and uncertainties. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, the current console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in the Company’s Annual Report on Form 10-K for the year ended December 31, 2006, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, except as required by law.