Midway Games Inc. (NYSE: MWY) today announced that Ryan G. O’Desky
has been confirmed as Chief Financial Officer, Senior Vice President –
Finance and Treasurer of the company. Mr. O’Desky,
a certified public accountant, has most recently served as the Interim
Chief Financial Officer and Treasurer since February 2008, and has held
a variety of positions including Vice President - Finance, Controller
and Assistant Treasurer. He joined Midway in early 2007 as Chief
Internal Auditor.
From 2002 to 2007, Mr. O’Desky gained senior
management experience within the Audit and Enterprise Risk Services
Division of Deloitte & Touche LLP, a professional services firm. Prior
to joining Deloitte & Touche LLP, he acted as a Senior Auditor within
the Assurance & Business Advisory Department of Arthur Andersen LLP.
"Ryan has been an important member of the
Midway management team since he joined us in 2007,”
said Matt Booty, president and chief executive officer, Midway. "He
brings with him a strong financial background which has already been of
critical importance as we execute on a number of strategic directives
designed to lay the foundation for our future success.”
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.
FORWARD-LOOKING STATEMENTS
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
involves 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, 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, 2007, 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, except as required by law.