Burnout Wins IGN Editor's Choice Award

ACCLAIM ENTERTAINMENT, INC.'S 'BURNOUT(TM)' WINS IGN.COM'S 'EDITORS' CHOICE AWARD'

New Arcade Driving Game for PlayStation®2 Computer Entertainment System Joins Company's Successful 'All-Star Baseball 2002' as Second Celebrated Title of 2001

GLEN COVE, NY, November 6, 2001 - For the second time this year, Acclaim Entertainment, Inc. (NASDAQ.SC: AKLM) has been awarded IGN.com's prestigious "Editors' Choice Award" for its recent release, Burnout(TM), for the PlayStation®2 computer entertainment system. Created by Criterion Games Limited, Burnout(TM) was honored for its excellence in entertainment value, performance, design, originality and lasting appeal. Burnout(TM) joins Acclaim's highly successful All-Star Baseball 2002, featuring four-time World Series" Champion and 2000 All-Star Game MVP shortstop Derek Jeter, which won the same award from the leading video game site earlier this year.

"We are thrilled to win our second 'Editors' Choice Award' from IGN.com and are very excited by the initial response to Burnout(TM) from both the media and consumers," said Evan Stein, vice president of Brand. "Already one of the most talked about titles available for this holiday season, Burnout(TM) is poised to raise the bar for next-generation driving games."

In addition, IGN.com had the following to say about Burnout(TM) within its review of the product:

"Great crashes, high speeds, high-quality racing and all around good fun. This shouldn't be missed."

"...Burnout delivers every bit of speed you'll need, and then tosses in even more..."

"There's a perfect blend of incredibly fast driving coupled with a need to push your luck with risky driving."

"The sense of speed is fantastic..."

"If you're looking for a good, solid racing game that will absolutely, positively satisfy your need for an overabundance of speed and destruction, this is THE game for you."

Burnout(TM) was inspired by some of the most memorable car chase scenes from the greatest action films of all time. The game features an incredibly sophisticated and intelligent traffic system, which challenges players to race to the finish line at breakneck speeds through a myriad of trucks, cars and buses. With dramatic crashes possible with every turn of the wheel, competing drivers are rewarded for pushing the envelope and their skills to the extreme. Burnout(TM) also includes a simulated in-game heart monitor, which rewards the player with incredible bursts of speed as their pulse increases with every risk they take.

Burnout(TM) offers a broad array of features, including:

• Real-time vehicle crashes, highlighted by multiple-camera instant replays;
• 16 exciting courses, each filled with unique challenges and obstacles, spanning the United States and Europe;
• Multiplayer split-screen action for head-to-head competition;
• More than 300 vehicles on each course to collide with;
• Intelligent traffic system, featuring three distinct types of driver behaviors;
• Dolby Digital surround sound technology;
• Dual-shock controller compatible, letting players feel every turn and crunch of the car!

Burnout(TM) is currently available for the PlayStation®2 computer entertainment system at a suggested retail price of $49.99. For more information regarding this title, as well as Acclaim's entire 2001 holiday season lineup, visit www.acclaim.com.

Criterion Software and Criterion Games Background Information
Founded in 1993, Criterion Software is a rapidly expanding organization, which currently employs over 160 people in its software technology and game development divisions. The company is headquartered in Guildford UK, and has offices in Tokyo, Austin, Paris and Derby. Criterion Games is dedicated to the development of accessible and rewarding games for next-generation console systems such as the PlayStation®2 computer entertainment system, Microsoft's Xbox' video game system and Nintendo's GAMECUBE'. Criterion Software is a wholly owned subsidiary of Canon, Inc. Further information on Criterion Games can be found at www.criteriongames.com.

About Acclaim Entertainment
Based in Glen Cove, N.Y., Acclaim Entertainment, Inc., is a leading worldwide developer, publisher and mass marketer of software for use with interactive entertainment game consoles including those manufactured by Nintendo, Sony Computer Entertainment and Microsoft Corporation as well as personal computer hardware systems. Acclaim owns and operates six studios located in the United States and the United Kingdom, and publishes and distributes its software directly in North America, the United Kingdom, Germany, France, Spain, Australia and the Pacific Rim. Acclaim also distributes entertainment software for other publishers worldwide, publishes software gaming strategy guides and issues "special edition" comic magazines from time to time to support its time valued brands, Turok and Shadow Man. Acclaim's corporate headquarters are in Glen Cove, New York and Acclaim's common stock is publicly traded on NASDAQ.SC under the symbol AKLM. For more information please visit our website at www.acclaim.com.

"PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.