November 17, 2000 -- FOR IMMEDIATE RELEASE
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Sierra Studios Media Relations
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SIERRA STUDIOS AND GEARBOX BRING VALVE'S HALF-LIFE TO PLAYSTATION® 2

Award-Winning Action Announced for Second Next-Generation Console in 2001

Bellevue, WA (November 17, 2000) - Sierra Studios™ and Gearbox Software today announced development of Valve's Half-Life for the PlayStation 2 computer entertainment system. The game will bring award-winning, adrenaline-pumping action to the next-generation console in 2001, complete with exciting new cooperative, deathmatch and multiplayer modes. Half-Life for PlayStation 2 is in development by Gearbox Software, developers of the award-winning Half-Life PC expansion, Half-Life: Opposing Force. Half-Life PlayStation 2 will ship in the second quarter of 2001.

Half-Life PlayStation 2 is an all-new experience for console gamers featuring a complete next-generation upgrade of the original ground-breaking game as well as entirely new multiplayer cooperative and competitive bonus games set within the Half-Life universe. All new advanced technology, enhanced characters and weapons, upgraded environments and never before seen levels define Half-Life for PlayStation 2 as the most advanced and impressive Half-Life ever made. The worldwide exclusive on this game will be featured in the January issue of GamePro magazine (U.S.).

"The advanced technology in PlayStation 2 will allow us to take Half-Life's heart-racing action to the next level," said Jim Veevaert, vice-president of marketing at Sierra Studios. "Given the popularity of the franchise, as well as the mind-blowing capabilities of the next-generation console, we fully expect Half-Life to be a marquee title for the PlayStation 2."

"The console growth in Europe has been phenomenal and we are confident the Half-Life franchise will dominate this market," said Peter Rezon, managing director Havas Interactive UK.

"Gearbox Software's intimate relationship with Valve Software and the Half-Life universe matched with the power of the PlayStation 2 and our growing experience as next-generation console game developers will carry us to deliver first-hand the greatest incarnation of the most important action game of our time," said Randy Pitchford, Director of Gearbox Software.

Founded in 1996, Valve develops entertainment software. Half-Life is Valve's debut title. Since its release in November 1998, Half-Life has won over 50 Game of the Year Awards from publications that include PC Gamer, Computer Gaming World, and CNET's Gamecenter and has sold over 2 million units worldwide on the PC. More information about Valve is available through the company's Web site at www.valvesoftware.com.

Founded in January 1999, Gearbox Software is a team of veteran 3D game developers collected in Dallas, Texas. Half-Life: Opposing Force was the company's first offering to the gaming community and is the recipient of the prestigious 2000 Academy of Interactive Arts & Sciences' PC Action Game of the Year. More information about Gearbox is available through the company's Web site at www.gearboxsoftware.com.

Sierra On-Line, Inc. is one of the original developers and largest worldwide publishers of interactive entertainment and productivity software. Sierra is a division of Havas Interactive, a global leader in interactive content, and is one of the world's largest publishers of education, entertainment and home productivity software. Its divisions, Blizzard Entertainment®, Coktel, Knowledge Adventure®, Sierra™ and Flipside.com™ are famous for releasing critically acclaimed and award winning titles. Havas Interactive has operations in the US and in Europe and is a subsidiary of Havas, the publishing and information division of Vivendi, a world leader in mass market multimedia communications.

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