MWY Midway Games

Midway Games Inc. (NYSE: MWY), a leading interactive entertainment industry publisher and developer, announced the release of RUSH� for the PSP� (PlayStation� Portable) system. For the first time ever, players can feel the rush as they attempt mad jumps, high-flying stunts and arcade-style racing, all in the palm of their hands. �With RUSH, players can now experience the popular arcade racing franchise on-the-go,� said Steve Allison, chief marketing officer, Midway. �Players will even have the opportunity to go head-to-head with a friend in a street race or cruise mission using wireless functionality.� Exclusive to the PSP system are several new modes including; Stunt Arena, a huge environment packed with ramps, tracks and other obstacles where gamers can show off their mad stunt skills, and Battle Race, a mode where players go head-to-head in a wireless race riddled with power-ups designed to boost performance or derail an opponent�s progress. Also featured in RUSH, are all-new money cruise and multiplayer missions. Developed by Midway Studios - Newcastle, RUSH is rated �T� for Teen by the ESRB and has a U.S. MSRP of $29.95. For more information on RUSH, please visit www.midway.com. About RUSH For the first time on PSP� (PlayStation� Portable) system, attempt mad jumps, high-flying stunts and arcade-style racing from the newest entry in the RUSH� franchise. Go head-to-head with a friend in a street race or cruise mission using wireless functionality, or experience Story Mode which allows you to race through five Los Angeles city re-creations while finding treacherous shortcuts and surviving death-defying jumps! Exclusive to the PSP system is an all-new Stunt Arena, where players can fly over ramps and perform stunts in the air and drive the loop-de-loop to gain massive bursts of speed, all the while collecting golden tokens to unlock extra content. Feel the rush as you race more than 36 licensed rides including muscles, tuner and exotic vehicles! About Midway Midway Games Inc. (NYSE:MWY), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com. RUSH is a trademark of Midway Games West Inc. MIDWAY and the Midway logos are trademarks or registered trademarks of Midway Amusement Games, LLC. "PSP" is a trademark and "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. All other trademarks are the property of their respective owners. This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involve risks and uncertainties. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, the console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2005, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. Midway Games Inc. (NYSE: MWY), a leading interactive entertainment industry publisher and developer, announced the release of RUSH(TM) for the PSP(R) (PlayStation(R) Portable) system. For the first time ever, players can feel the rush as they attempt mad jumps, high-flying stunts and arcade-style racing, all in the palm of their hands. "With RUSH, players can now experience the popular arcade racing franchise on-the-go," said Steve Allison, chief marketing officer, Midway. "Players will even have the opportunity to go head-to-head with a friend in a street race or cruise mission using wireless functionality." Exclusive to the PSP system are several new modes including; Stunt Arena, a huge environment packed with ramps, tracks and other obstacles where gamers can show off their mad stunt skills, and Battle Race, a mode where players go head-to-head in a wireless race riddled with power-ups designed to boost performance or derail an opponent's progress. Also featured in RUSH, are all-new money cruise and multiplayer missions. Developed by Midway Studios - Newcastle, RUSH is rated "T" for Teen by the ESRB and has a U.S. MSRP of $29.95. For more information on RUSH, please visit www.midway.com. About RUSH For the first time on PSP(R) (PlayStation(R) Portable) system, attempt mad jumps, high-flying stunts and arcade-style racing from the newest entry in the RUSH(TM) franchise. Go head-to-head with a friend in a street race or cruise mission using wireless functionality, or experience Story Mode which allows you to race through five Los Angeles city re-creations while finding treacherous shortcuts and surviving death-defying jumps! Exclusive to the PSP system is an all-new Stunt Arena, where players can fly over ramps and perform stunts in the air and drive the loop-de-loop to gain massive bursts of speed, all the while collecting golden tokens to unlock extra content. Feel the rush as you race more than 36 licensed rides including muscles, tuner and exotic vehicles! About Midway Midway Games Inc. (NYSE:MWY), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com. RUSH is a trademark of Midway Games West Inc. MIDWAY and the Midway logos are trademarks or registered trademarks of Midway Amusement Games, LLC. "PSP" is a trademark and "PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. All other trademarks are the property of their respective owners. This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the "Company") based on currently available information that involve risks and uncertainties. The Company's actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, the console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under "Item 1. Business - Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2005, and in more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.