Classic Midway Franchise Is Reborn With Announcement Of Gauntlet®: Seven Sorrows™

Midway | CHICAGO - February 17, 2005 - Midway Games Inc. (NYSE: MWY), a leading interactive entertainment industry publisher and developer, announced today the rebirth of the legendary Gauntlet^® franchise with Gauntlet: Seven Sorrows. Lead by industry veterans John Romero (Doom, Quake) and Josh Sawyer (Icewind Dale), developed by Midway's San Diego studio, Seven Sorrows is scheduled for release on the PlayStation^®2 computer entertainment system, the Xbox^® videogame system from Microsoft and PC this winter.

"Gauntlet: Seven Sorrows captures the nostalgia of the legendary franchise, and also delivers the darkest, most intense Gauntlet saga ever," said Matt Booty, senior vice president of product development, Midway. "Blending an intuitive combat system, accessible RPG elements, and new junction skills, Seven Sorrows features the dynamic co-op it's known for, and, for the first time ever, it is online supporting up to four players."

Centuries ago, four immortal heroes set out to kill the most powerful emperor their age had ever known. They failed, and for their crimes, three were crucified on a great tree at the bottom of the world. Mysteriously set free, the heroes set out to finish what they had started, only to find that they must now save their tormentor from his own dreams and madness. Driven to grief by seven acts of deep cruelty and selfishness, the emperor seeks to undo the one that pains him the most: the murder of his lover, Cusirimay. If the ancient heroes cannot undo the emperor's deeds on their own, his mad plans may tear apart the world.

Seven Sorrows is the fusion of fantasy fighting action with the strategy of user-friendly RPG elements, providing gamers a deep, engaging gameplay experience complete with solo play, co-op and an online community.

The new fighting system allows for easy pick-up-and-play while simultaneously offering deeper choices for more advanced players. Additionally, online RPG and collection elements add significant replay value to the game.

About Midway

Headquartered in Chicago, IL with offices in San Diego, CA, Seattle, WA, Austin, TX, Los Angeles, CA, Munich, Germany and London, UK, Midway Games Inc. (NYSE: MWY) is a leading developer and publisher of interactive entertainment software for all major video game systems. More information about Midway can be obtained at www.midway.com.

This press release contains forward-looking statements 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 upcoming 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 our Annual Report on Form 10-K for the year ended December 31, 2003, and in the more recent filings made by the Company with the Securities and Exchange Commission.

MIDWAY and the Midway logos are trademarks of Midway Amusement Games, LLC. GAUNTLET and GAUNTLET SEVEN SORROWS are trademarks of Midway Games West Inc.

"PlayStation" and the "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. Xbox is a registered trademark of Microsoft Corporation in the United States and/or other countries. All other trademarks are the property of their respective companies. Midway has provided the www.xbox.com link solely as a convenience for you. The information on this site has been prepared by third parties, and Midway does not monitor, endorse or accept responsibility for the content on non-Midway sites.

About Xbox

Xbox (http://www.xbox.com) is the video game system from Microsoft that brings people together for the most exhilarating game and entertainment experiences. Xbox delivers an expansive collection of breakthrough games, powerful hardware and the unified Xbox Live online service. The new tagline, "it's good to play together," captures the spirit of Xbox as the social hub of the new digital entertainment lifestyle. Xbox is now available in North America, Asia, Europe and Australia.

For More Information Contact:

Natalie Salzman

Midway - Media Relations

(773) 961-2163

[email protected]

Tara Monahan

HighWater Group

(212) 338-0077 x. 303

[email protected]

Miguel Iribarren

Midway Investor Relations

773.961.2222

[email protected]