17.09.2007 12:00:00

Activision Expands Management Team with Appointment of Ann Weiser as Chief Human Resources Officer

Further expanding and enhancing its global human resources capabilities, Activision, Inc. (NASDAQ:ATVI) today announced the appointment of Ann Weiser as chief human resources officer, reporting to Mike Griffith, president and CEO of Activision Publishing, Inc. In her new position, Ms. Weiser will assume leadership responsibility for human resources strategies and policies across Activision’s worldwide publishing, studio and distribution operations, including organizational and cultural development, employee education and development, global staffing, diversity, compensation and benefits, employee relations and corporate policy compliance. "Ann’s experience in leading human resources activities for pre-eminent publicly held corporations makes her an ideal fit for Activision,” said Griffith. "Her impressive achievements in driving a values-driven culture, corporate compliance and global alignment across complex and diverse business units will be a valuable asset to Activision’s worldwide human resources initiatives.” "Activision is a dynamic, exciting company and I am looking forward to working closely with Mike and the senior management team to support its ongoing growth and continue building a strong, talented and passionate organization,” added Ann Weiser. Ms. Weiser brings more than 25 years of human resources experience to Activision and has worked in industries ranging from consumer products to retail to distribution. Most recently, she served as chief human resource officer at U.S. Foodservice, a subsidiary of international retail operator Royal Ahold, where she implemented significant leadership development initiatives across the organization and spearheaded efforts to create a common, values-based culture for 30,000 employees in more than 100 locations. In that capacity, she drove structural and process changes within the human resources organization to enhance the group’s business impact and led cross functional integration activities. Prior to that, Ms. Weiser held a series of increasingly responsible human resources leadership positions at such companies as U.S. Office Products, Mainer Post-Acute Network and Kraft Inc. Ms. Weiser holds a Bachelors of Arts in sociology from California State University in Long Beach, CA. Headquartered in Santa Monica, California, Activision, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products. Founded in 1979, Activision posted net revenues of $1.5 billion for the fiscal year ended March 31, 2007. Activision maintains operations in the U.S., Canada, the United Kingdom, France, Germany, Ireland, Italy, Scandinavia, Spain, the Netherlands, Australia, Japan and South Korea. More information about Activision and its products can be found on the company’s World Wide Web site, which is located at www.activision.com. Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision’s expectations, plans, intentions or strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. In this release they are identified by references to dates after the date of this release and words such as "will,” "will be,” "remains,” "to be,” "plans,” "believes”, "may”, "expects,” "intends,” and similar expressions. These risks and uncertainties include, but are not limited to, sales of Activision’s titles, shifts in consumer spending trends, the seasonal and cyclical nature of the interactive game market, Activision’s ability to predict consumer preferences among competing hardware platforms (including next-generation hardware), declines in software pricing, product returns and price protection, product delays, retail acceptance of Activision’s products, adoption rate and availability of new hardware and related software, industry competition, rapid changes in technology and industry standards, protection of proprietary rights, maintenance of relationships with key personnel, customers, vendors and third-party developers, international economic and political conditions, integration of recently acquired subsidiaries and identification of suitable future acquisition opportunities, limitations on our ability to issue stock and options and foreign exchange rate changes. Other factors that could cause Activision’s actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, without limitation, the further implementation, acceptance and effectiveness of the remedial measures recommended or adopted by the special sub-committee of independent directors established in July 2006 to review Activision’s historical stock option granting practices, the board and Activision; the outcome of the SEC’s formal investigation and the derivative litigation filed in July 2006 against certain current and former directors and officers of Activision relating to Activision’s stock option granting practices, the possibility that additional claims and proceedings will be commenced, including additional stockholder litigation, employee litigation, and additional action by the SEC and/or other regulatory agencies, other litigation (unrelated to stock option granting practices), and the risks identified in Activision’s most recent annual report on Form 10-K and recent reports on Form 8-K. The forward-looking statements in this release are based upon information available to Activision as of the date of this release, and Activision assumes no obligations to update any such forward-looking statement. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations.

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