Atari, Inc., an interactive entertainment company, today announced that David Pierce has resigned his position as Atari’s Chief Executive Officer under the terms of his employment agreement. Curtis G. Solsvig III, Chief Restructuring Officer, will assume Mr. Pierce’s responsibilities on an interim basis. An executive search has been initiated to find Mr. Pierce’s successor.

“We appreciate David’s support and commitment through a difficult period in the Company’s history and wish him well in his future endeavors.” said Gene Davis, Chairman of the Board of Directors.