Warhammer Online Update

London, UK - Tuesday 22nd June 2004: Yesterday it was announced that the joint venture between Climax and Games Workshop has ended. Today, Karl Jeffery, Climax CEO, commented: "It was a deeply sad thing for us to have to do after so much hard work and commitment from the entire team but the costs involved in bringing the Warhammer massively multiplayer online game (MMO) to market meant that we were left with little choice. With new MMO's, such as Star Wars Galaxies costing up to $ 30M to launch, this is now a very high stakes business"