505 Games Announces Global Alliance with Paramount Digital Entertainment to Develop A Video Game Based on the Iconic “Grease” Film

LOS ANGELES – June 29th 2009 – 505 Games today announced it has secured the global publishing rights for a video game based on the original high school musical, Grease.  Working in collaboration with Paramount Digital Entertainment, 505 Games will oversee and publish a Grease video game for the Nintendo Wii™ and Nintendo DS™.

The Grease video game will allow players to sing and dance alongside Danny, Sandy, The Pink Ladies and the T-Birds.  The game will take full advantage of the Nintendo Wii’s motion-sensing controls and microphone, and the DS’s touch screen to create exciting gameplay for casual and family gamers eager to experience “Grease” in a new medium.

“We are really excited about working with Paramount Digital Entertainment to turn this world famous film into a video game for the very first time.  Working with such a well known and much loved brand is a great opportunity and we believe the collaboration further strengthens 505 Games’ entertainment portfolio,” commented Ian Howe, Managing Director 505 Games.

“Paramount Digital Entertainment is pleased to be working with 505 Games to develop Grease,” said John Kavanagh, Senior Vice President of Video Games for Paramount Digital Entertainment.  “Grease is the ideal opportunity to reach a broad gaming audience who love to sing, dance and have fun with a party-style game.”

Grease will be released on Nintendo Wii and Nintendo DS and co-published by 505 Games and Paramount Digital Entertainment.