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	<title>VG247 &#187; atari full-year financials 2009</title>
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		<title>Atari losses widen to €226.1 million</title>
		<link>http://www.vg247.com/2009/05/29/atari-losses-widen-to-e2261-million/</link>
		<comments>http://www.vg247.com/2009/05/29/atari-losses-widen-to-e2261-million/#comments</comments>
		<pubDate>Fri, 29 May 2009 09:52:18 +0000</pubDate>
		<dc:creator>Patrick Garratt</dc:creator>
				<category><![CDATA[Atari]]></category>
		<category><![CDATA[Financials]]></category>
		<category><![CDATA[Trade]]></category>
		<category><![CDATA[atari full-year financials 2009]]></category>

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		<description><![CDATA[Infogrames has announced fiscal year 2009 losses to the tune of €226.1 million, compared to a €51.1 million loss in the year previous. The firm blamed the drop on &#8220;exceptional non-recurring expenses related to the restructuring of packaged products publishing, sale of distribution and the transformation from Infogrames to Atari.&#8221; As previously reported, Phil Harrison [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://assets.vg247.com/current//2009/05/atarilogo2.jpg" alt="atarilogo2" title="atarilogo2" width="490" height="200" class="alignnone size-full wp-image-37802" /></p>
<p>Infogrames has announced fiscal year 2009 losses to the tune of €226.1 million, compared to a €51.1 million loss in the year previous.</p>
<p>The firm blamed the drop on &#8220;exceptional non-recurring expenses related to the restructuring of packaged products publishing, sale of distribution and the transformation from Infogrames to Atari.&#8221;</p>
<p>As <a href="http://www.vg247.com/2009/05/29/phil-harrison-becomes-atari-non-executive-director/">previously reported</a>, Phil Harrison has now been ousted as president of the company. The new management team stacks up as follows:</p>
<ul>
<li>David Gardner, Chief Executive Office and Director
</li>
<li>Jeff Lapin, Chief Operating Officer and Director
</li>
<li>Fabrice Hamaide, Chief Financial Officer
</li>
<li>Jim Wilson, Chief Executive Officer at Atari, Inc.
</li>
<li>John Needham, Chief Executive Officer at Cryptic</li>
</ul>
<p>The full release is <a href="http://corporate.infogrames.com/MT-3.34-en/mt-static/FCKeditor/UserFiles/File/052909PR_FY09_earnings_GB_FINAL.pdf" target="_new">here</a>.</p>
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