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Nasdaq to Delist Atari, Inc.

As previously announced, on December 21, 2007, the Nasdaq Listing Qualifications Department notified Atari, Inc. that, pursuant to Nasdaq Marketplace Rule 4450(e)(1), unless the market value of Atari, Inc.'s publicly held shares (which is calculated by reference to Atari, Inc.'s total shares outstanding, less any shares held by officers, directors or beneficial owners of 10% or more) maintained an aggregate market value of $15.0 million or more for a minimum of 10 consecutive business days prior to March 20, 2008, Atari, Inc.'s securities would be subject to delisting. The value of Atari, Inc.'s publicly held shares did not reach that level within the required period, and on March 24, 2008, the Nasdaq Listing Qualifications Department notified Atari, Inc. that the Nasdaq Staff had determined that Atari, Inc.'s securities were subject to delisting unless Atari, Inc. requested a hearing before a Nasdaq Listing Qualifications Panel. Atari, Inc. requested a hearing on March 27, 2008, which stayed the delisting process until the hearing was held and the hearings panel delivered a decision. The hearing was held on May 1, 2008. The Nasdaq hearings panel thereafter ruled to proceed with the delisting process and, effective May 9, 2008, Atari, Inc.'s common stock will no longer trade on The Nasdaq Global Market. Atari, Inc. plans to request that the Nasdaq Listing and Hearing Review Council review the Nasdaq hearings panel decision.

Atari, Inc. announced on April 30, 2008 that it intends to merge with its majority shareholder Infogrames Entertainment S.A. ("Infogrames") which holds approximately 51.4% of Atari, Inc.'s common shares. Atari, Inc. believes that its delisting from The Nasdaq Stock Market will not affect the pending merger transaction.

About Atari, Inc.

New York-based Atari, Inc. (Nasdaq: ATAR) publishes and distributes interactive entertainment software in the U.S. The Company's 1,000+ published titles distributed by the Company include hard-core, genre- defining franchises such as Test Drive(R); and mass-market and children's franchises such Dragon Ball Z(R). Atari, Inc. is a majority-owned subsidiary ofFrance- based Infogrames Entertainment SA (Euronext - ISIN: FR-0000052573), an interactive games publisher inEurope. For more information, visit http://www.atari.com.

Safe Harbor Statement

With the exception of the historical information contained in this release, the matters described herein contain certain "forward-looking statements" that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release are not promises or guarantees and are subject to risks and uncertainties that could cause actual occurrences to differ materially from those anticipated. These statements are based on management's current expectations and assumptions and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements.

The Company undertakes no duty to update any forward-looking statements to conform the statement to actual results or changes in the Company's expectations.

SOURCE Atari, Inc.