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Take-Two Interactive Software, Inc. To Relocate QA Testing Studio To Downtown Las Vegas

As part of its ongoing initiatives to enhance its operating efficiencies and infrastructure, Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced that its wholly-owned 2K publishing label is working on a deal to relocate its 2K West QA Testing studio from Northridge, California to downtown Las Vegas, Nevada. The move, which will be made possible through partnerships with both the State of Nevada and the City of Las Vegas, is expected to be completed by early 2013 and will enable the label that is renowned for creating some of today’s most critically and commercially successful interactive entertainment experiences, including the recent releases of NBA 2K13, Borderlands 2 and XCOM: Enemy Unknown, to support its continued growth.

“2K is continually evaluating its expanding needs for future growth,” said David Ismailer, chief operating officer for 2K. “As part of that evaluation, 2K has been considering options for its 2K West QA Testing studio and has chosen to relocate our facility to Las Vegas, Nevada. This move will allow 2K to operate a significantly larger and more effective QA facility as we continue to grow our business across all divisions.”

“To have a company the caliber of Take-Two choose to locate in downtown Las Vegas speaks volumes about the opportunities that exist in this area for new businesses,” said Las Vegas Mayor Carolyn G. Goodman. “We have a skilled and talented workforce in Las Vegas that is ideal for companies like Take-Two. I am so thrilled that they will be a part of the downtown community, and I know that their presence will attract other high-tech firms to Las Vegas.”

Las Vegas Councilman, Bob Coffin, who represents this area of Ward 3, added, “Take-Two and its talented employees will add to the synergy that is happening downtown. We are so fortunate that, after looking at locations around the valley, Take-Two selected downtown Las Vegas. They will be a welcome addition to our community.”

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