Tommo Responds to the Wrongful Termination Claim by SNK PLAYMORE USA CORP

8
Oct
2013

Worldwide publisher and manufacturer of games and accessories continues to support and distribute NEOGEO X

Los Angeles, Calif. – October 7, 2013 – Tommo, Inc., today responded to the press release that appeared on the SNK PLAYMORE USA Corp website last week. Tommo, Inc. denies that any breach of contract exists in their agreement with SNK PLAYMORE USA Corp and are continuing to support and market the popular NEOGEO X GOLD entertainment system, its accessories, and games. Due to the popularity of the system, Tommo and SNK extended the agreement earlier this year until 2016. Tommo fully expects this agreement to be honored by all parties. To date, Tommo has performed all of its obligations under its license agreement with SNK and is disappointed by SNK’s sudden and unjustified termination of the agreement. Tommo has demanded that SNK retract its press release and any attempts to terminate the license agreement.

“Tommo is still taking care of all customer service and product warranties in North America as are our master distribution partners, Success in Asia and Blaze in Europe,” said Jonathan Wan, CEO of Tommo, Inc.. “We’re continuing to sell NEOGEO X products, including the NEOGEO X GOLD System, Arcade Stick, MEGA PACK Volume 1 and Classics Volumes 1-5. The license agreement which allows Tommo to sell and market these products remains in effect.”

Tommo Inc. would like to thank the thousands of NEOGEO X fans who have shown amazing support for NEOGEO X in the last week and want them to know we will continue to support them, their NEOGEO X GOLD systems and products.

About NEOGEO X:

Following the 20th anniversary of the ground breaking NEOGEO AES console, the NEOGEO X GOLD entertainment system provides players with all of the features of a home arcade and the convenience of a handheld gaming device.

For additional information regarding the NEOGEO X GOLD entertainment system, Mega Pack Volume 1, NEOGEO X Classics Volumes 1-5, and other NEOGEO X news, please visit: www.NEOGEOX.com.

About Tommo, Inc.:

Tommo Inc. was founded in 1989 and will celebrate its 25th anniversary in 2014. Tommo has grown from an independent wholesaler of imported video games to a worldwide publisher and manufacturer of games and accessories across multiple platforms. Tommo works with many well known international brands on a wide variety of gaming and non-gaming product lines.

For all media and press-related inquiries, please contact press@tommo.com.

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Comments

  • 09/12/2013

    I read the press release on SNK Playmore’s website, and I am no lawyer, but I don’t fully understand their complaint. It sounds almost like they blame you for counterfeit accessories. I don’t know what it’s all really about, but I surely hope it gets resolved fully so the license continues past 2016. The NeoGeo X is such a great idea, I hope it continues forever.

    Daniel

  • 04/11/2013

    Thank you guys and keep up the good work looking foward to what you got next for the NEO-GEO X.

  • 08/10/2013

    Dear TOMMO, I’m very happy to know that you will continue to support the NEOGEO X system !
    I’m a fan of SNK, and plan to buy all your future NEOGEO releases !
    Please, can you tell when can i buy The Mega Pack Vol.2 ?

    Thanks !
    Eugene

  • 08/10/2013

    Thank you

  • 08/10/2013

    NeoGeoFreak/NGF-USA was the first to publicly support Tommo Inc, with the

    NeoGeoFreak/NGF-USA, a former licensed and authorized distributor for the Neo Geo AES system and games, is familiar with Playmore’s backtracking and attempts to revoke previously agreed upon licensing for distribution rights.

    Playmore and NeoGeoFreak were involved in a similar court case in which Playmore attempted to revoke previously agreed licensing for Neo Geo AES repackaging and distribution between SNK-Japan and NeoGeoFreak (before playmore existed).

    The frivolous Playmore vs. NeoGeoFreak case ended a few months later with Playmore offering NeoGeoFreak a settlement.
    As per the settlement agreement, Playmore issued a court ordered public press release that stated:

    “(the Neo Geo) video games, were purchased from SNK Corporation Japan, and were sold by NeoGeoFreak/NGF-USA with the permission of SNK Corporation Japan. These games were sold by NeoGeoFreak/NGF-USA with the corrected English AES inserts with the permission of SNK Corporation Japan.”

    full list of licensed and authorized games
    http://web.archive.org/web/20050208171535/http://www.snkplaymore.jp/information/en_press15.html
    (games missing from the above list)
    http://web.archive.org/web/20031109022730/http://www.snkplaymore.jp/information/en_press15.html

    NGF reached out to Tommo Oct 3 with full support. We’ve offered to be deposed as a former distributor that was in a similar situation with Playmore. NGF fully supports Tommo in this matter.

    NGF supports Tommo – Oct 4 Facebook
    https://www.facebook.com/NeoGeoFreak/posts/545124572222678

    Like us at NeoGeoFreak facebook to receive updates, news, and photos from NEOGEO collectors around the world.
    https://www.facebook.com/NeoGeoFreak

    Sincerely,
    NeoGeoFreak/NGF-USA
    http://www.NeoGeoFreak.com

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