Montreal, February 1st, 2005 – Ubisoft, a world-leading interactive game title developer, is pleased to announce it has chosen Montreal for the next phase of its international development. Ubisoft plans to create 1000 new jobs in its Montreal division, which is internationally reputed for innovation and creativity.

"The interactive games industry is growing rapidly and we expect it to double within seven years," said Yves Guillemot, Ubisoft's CEO and co-founder. "Ubisoft is home to the second-largest creative team in the industry and it has a world-leading studio in Montreal. These are two critical elements for the future, especially considering that the next generation of game consoles will offer unparalleled potential in terms of content and technology.

"This investment strengthens Ubisoft's leadership in the industry and allows it to develop the blockbuster games of the next five years. This maximizes the unique potential of the Montreal studio, which has already developed some of the most successful interactive games in the world, including Tom Clancy's Splinter Cell, Tom Clancy's Rainbow Six, and Prince of Persia."

Mr. Jean Charest, Quebec Premier, Mr. Michel Audet, Quebec's Minister of Economic and Regional Development and Research, and Honourable Jacques Saada, Minister of the Economic Development Agency of Canada and Minister responsible for the Francophonie, were present at the announcement.

As part of this North American expansion, Ubisoft's investment could total $700 million CAD over five years. The company will also benefit from significant support from the Government of Quebec and the Government of Canada (see Annex 1).

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