"Both Spider-Man 2 Enter: Electro and X-Men: Mutant Academy 2 bring to life all of the amazing abilities of Marvel's greatest Super Heroes," said Larry Goldberg, executive vice president, Activision Worldwide Studios. "These games feature advanced gameplay and an expanded cast of characters who give players more Super Hero action than ever before."

Spider-Man 2 Enter: Electro is the highly anticipated sequel to last year's blockbuster game. Once again, players are Spider-Man, swinging and webbing their way across New York in a whole new 3D fast-paced, action- adventure. This time around, Spider-Man's trademark skills, as well as all-new web attacks, costumes and fighting combos, are needed to thwart new super-villains and the powerful Electro's evil plans. Add in a Parker's Portfolio of battle snapshots and the world of Spider-Man comes alive like never before on the PlayStation. The title is rated "E" ("Everyone" -- Violence -- content suitable for persons ages 6 and older) by the ESRB.

X-Men: Mutant Academy 2 is the sequel to the action-packed favorite X-Men: Mutant Academy. The game features stunning new aerial combat, six new X-Men characters, including Rogue, Nightcrawler, Havok and Forge, six new arenas and costumes, set sketches and conceptual art sketches from "X-Men: The Movie." Set against classic comic book locales, X-Men: Mutant Academy 2 lets players take on the unique personalities and moves of their favorite X-Men characters and a choice of four different modes of play: Academy Training, Arcade, Survival and Versus (classic two-player fighter mode), where players are able to battle foes with improved combat options, new aerial combinations, new aerial combinations, hard hitting recoils and a "get up quick" feature. The title is rated "T" ("Teen" -- Violence -- content suitable for persons ages 13 and older) by the ESRB.

About Marvel Enterprises, Inc.

With a library of over 4,700 proprietary characters, Marvel Enterprises, Inc. (NYSE: MVL) is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused in five divisions: entertainment (Marvel Studios), licensing, toys (Toy Biz), comic book publishing and Internet/New Media. Marvel facilitates the creation of entertainment projects, including feature films, television, home video and the Internet, based on its characters and also licenses its characters for use in a wide range of consumer products and services including video and computer games, apparel, collectibles, snack foods and promotions. Marvel's characters and plot lines are created by its comic book division which continues to maintain a leadership position in the U.S. and worldwide while also serving as an invaluable source of intellectual property. For additional information visit the Marvel Web site at http://www.marvel.com.

About Activision, Inc.

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 revenues of $620 million for the fiscal year ended March 31, 2001.

Activision maintains operations in the U.S., Canada, the United Kingdom,
France, Germany, Japan, Australia, and the Netherlands. More information
about Activision and its products can be found on the company's World Wide Web site, which is located at http://www.activision.com.

Marvel, Spider-Man, X-Men and related characters are trademarks of Marvel Characters, Inc. and are used with permission.