Valve Announces Development for Xbox 360

[Tami]

Press Release

Valve Announces Development for Xbox 360
First title coming soon to Microsoft?'s next-generation console.



Bellevue, Wash.? Valve?, a leading entertainment and technology studio, is pleased to announce development of future game releases for the Xbox 360? video game and entertainment system from Microsoft.

The coming titles will be powered by a customized version of Source?, the technology that powered Valve's Half-Life? 2. Source provides state of the art performance in graphics, networking, artificial intelligence, physics simulation, and more.

"The combination of Source and Xbox 360 provides game designers the chance to create powerful entertainment experiences," says Gabe Newell, president and cofounder of Valve. "Whether developing a traditional FPS, RTS, or RPG, or delving into new genres, Xbox 360 is a great platform for expanding Source and our game experiences."

The Valve products are being designed to leverage Xbox 360 features like advanced graphics hardware and integration with the Xbox Live? online gaming service.

About Valve
Valve is an entertainment software and technology company founded in 1996 and based in Bellevue, Washington. The company's portfolio of entertainment properties includes Half-Life?, Counter-Strike?, Day of Defeat?, and Team Fortress?. Valve's catalog of products accounts for more than 20 million retail units sold worldwide and more than 80% of the PC online action market.

In addition, Valve is a developer of leading-edge technologies such as the Source game engine and Steam, a broadband platform for the delivery and management of digital content. For more information, please visit www.valvesoftware.com.