Electronic Arts 1999 Annual Report Download - page 7

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activity as much a part of their daily lives as primetime television — will be driving
and accelerating demand for interactive software throughout the next decade.
Beyond this demographic impetus, there are other factors that will contribute
specifically to EA’s future growth, including our strong position in the PlayStation
and N64 market segments, our steadily growing share of the PC market, and
our commitment to leadership on the next-generation PlayStation 2. EA also
enjoys a growing array of high-quality licenses and top development talent that
promise to keep our products a cut above the competition. We are pioneering an
entirely new, emerging market for online content. Our global distribution system is
unsurpassed. Perhaps most important, we have the necessary scale to execute our
strategy and build market share in a highly competitive and consolidating industry.
These are compelling advantages. They have helped EA to become the world’s
leading publisher of interactive entertainment software. We believe they will
also enable us to maximize the significant opportunities that lie ahead. As
always, we want to thank our employees, development and distribution partners,
customers, and stockholders for their continuing support. We look forward with
great anticipation to fiscal 2000 as next-generation technologies emerge, and
EA positions itself for continued future growth.
Lawrence F. Probst III
Chairman and Chief Executive Officer
This Annual Report, including this “Letter to Stockholders” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” at pages 25-35 contains forward-looking statements regarding EA’s future per-
formance that involve risks and uncertainties including those discussed in “Risk Factors” on page 35 of this Annual
Report and under the same heading in our Annual Report on Form 10-K for the year ended March 31, 1999. Actual
events or our actual future performance may differ materially from any forward-looking statements due to such risks
and uncertainties.