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Midway and Sony Computer Entertainment America Announce Exclusive

John Woo Presents Stranglehold

//Special Limited Edition to Include John Woo's Acclaimed Action Film
"Hard Boiled" and Game On Single PLAYSTATION�3 Blu-ray Disc//

**CHICAGO, IL - May 17, 2007 -** Midway Games Inc. (NYSE: MWY), a
leading interactive entertainment publisher and developer, and Sony
Computer Entertainment America (SCEA) today announced an exclusive
PLAYSTATION�3 (PS3�) collector's edition for the highly anticipated
//Stranglehold�//. This limited edition will feature the game and a
full-length version of John Woo's critically acclaimed action film "Hard
Boiled" both on the same high-capacity PlayStation 3 Blu-ray disc -- a
feat not possible on any other gaming system other than PS3. The
collector's edition will be available in limited quantity at select
retailers for a suggested retail price in the U.S. of $69.95.

Stranglehold PS3 Collector's Edition Box Art

Download the trailer.
Download the Widscreen trailer.
Download
the HD trailer.

//Stranglehold// allows gamers to play a John Woo-directed action
blockbuster movie, complete with two-fisted, stunt-laden gunplay and
massive environmental destruction. //Stranglehold// is a collaboration
with world renowned action film director John Woo's Tiger Hill
Entertainment and the collector's edition is scheduled for a summer 2007
release exclusively on PS3. //Stranglehold// continues the story of
Inspector Tequila, played by Chow Yun-Fat that started in 1992 with John
Woo's action masterpiece "Hard Boiled". "Hard Boiled" appears courtesy
of The Weinstein Company and Genius Products who are scheduled to
release a 15th anniversary Two-Disc Ultimate Edition of the classic film
via their Dragon Dynasty DVD label on July 24, 2007.

"We are very excited to be offering PS3 owners this exclusive
collector's edition of Stranglehold, complete with John Woo's classic
film 'Hard Boiled'," said Steve Allison, chief marketing officer,
Midway. "Thanks to SCEA, the Blu-ray Disc Association and The Weinstein
Company, fans will now be able to fully experience the world of John Woo
in one complete and special package."

"The exclusive collector's edition of Stranglehold demonstrates the
power of PlayStation 3 Blu-ray disc and the total entertainment
experience that can only be found on PlayStation 3," said Riley Russell,
senior vice president Third Party Relations and general counsel, SCEA.
"The 50GB capacity of Blu-ray disc allows PS3 content publishers to do
things simply not possible on our competitor's 9GB DVD-based systems.
Thanks to the advanced technology found in PS3, developers like Midway
can truly realize their visions, bringing consumers even closer to the
game."

More information about //Stranglehold// can be found online at
www.strangleholdgame.com

**_About _**/*/_Stranglehold_/*/
A collaboration with world renowned action film director John Woo's
Tiger Hill Entertainment, //Stranglehold// allows players to experience
the excitement of true next-gen action as you take on the role of
Inspector Tequila created by John Woo for his influential action film,
Hard Boiled starring Chow Yun-Fat. Ensnared by a crime boss with a
gripping secret, Inspector Tequila is forced to cross the line from
sworn duty to bloody revenge. Engage your enemies with intense cinematic
gun battles and cause massive environmental damage in real-time or
revolutionary slow-motion Tequila Time. //Stranglehold// is currently
scheduled to ship Summer 2007. More information about //Stranglehold//
can be found online at www.strangleholdgame.com

**_About Tiger Hill Entertainment_**
Tiger Hill is the sister company to Woo and Chang's Lion Rock
Productions, the feature film and television company whose credits
include BROKEN ARROW, FACE/OFF, MISSION IMPOSSIBLE II, THE BIG HIT and
WINDTALKERS. Tiger Hill develops and creatively produces content for
video games, animation, and comic book properties. Currently on shelves
now is John Woo's 7 BROTHERS published by Virgin Comics, and due for
release early next year is the feature length anime EX MACHINA, the
sequel to the 2005 feature anime APPLESEED. Woo's next directing project
RED CLIFF is also in development as an anime and video game project all
due for release in the summer of 2008.

**_About Sony Computer Entertainment America_**
Sony Computer Entertainment America Inc. continues to redefine the
entertainment lifestyle with its PlayStation� and PS one� game console,
the PlayStation�2 computer entertainment system, the PSP�
(PlayStation�Portable) system, and the ground-breaking PLAYSTATION�
(PS3�) computer entertainment system.

Recognized as the undisputed industry leader, Sony Computer
Entertainment America Inc. markets the PlayStation family of products
and develops, publishes, markets, and distributes software for the PS
one game console, the PlayStation 2 computer entertainment system, the
PSP system and the PS3 system for the North American market. Based in
Foster City, Calif. Sony Computer Entertainment America, Inc. serves as
headquarters for all North American operations and is a wholly owned
subsidiary of Sony Computer Entertainment Inc.

**_About The Weinstein Company_**
The Weinstein Company was created by Bob and Harvey Weinstein, the
brothers who founded Miramax Films Corp. in 1979. TWC is a multi-media
company that officially launched on October 1, 2005. Dimension Films,
the genre label that was founded in 1993 by Bob Weinstein, is also
included under TWC banner. The Weinstein's are actively working on the
production, development and acquisition of projects for TWC.

**_About IGN Entertainment_**
Genius Products, Inc. (OTC BB:GNPI), along with The Weinstein Company
Holdings LLC, together own Genius Products, LLC, a leading independent
home-entertainment distribution company that produces, licenses, and
distributes a valuable library of motion pictures, television
programming, family, lifestyle and trend entertainment on DVD and other
emerging platforms through its expansive network of retailers throughout
the U.S. Genius handles the distribution, marketing and sales for such
brands as Asia Extreme�, Baby Genius�, Dragon Dynasty�, Dimension
Films�, ESPN�, IFC�, NBC News�, Sundance Channel Home Entertainment�,
Wellspring� and The Weinstein Company�. Genius Products, Inc. is the
managing member of Genius Products, LLC, in which it holds a 30% equity
interest.

**_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 .

"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, the current
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 the Company's Annual Report
on Form 10-K for the year ended December 31, 2006, and in any 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."


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