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FASA to Close Its Doors

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FASA Corporation has released the following announcement:

25 January 2001

After 20 happy-and difficult-years in business, FASA Corporation is closing its doors.

The adventure gaming world has changed much in those years, and it is time for the founders of FASA to move on. We may produce a few remaining products in the next month, but then we will close up shop.

We will remain open to fill all orders from our inventory until April 30, 2001. We do not plan to print any new inventory; when an item goes out of stock, it will be gone forever.

Making this decision now will allow FASA to meet all of its obligations to suppliers, authors, artists and other freelancers. Our plan is to sell our inventory, collect all of our receivables and royalties and continue to manage our subsidiary rights.

We are selling our BattleTech and Shadowrun properties to Wizkids LLC, along with certain assets of Ral Partha Enterprises.

As most of you know, Wizkids was started by Jordan Weisman, a founder of FASA and the creator of the incredibly successful new game line Mage Knight Rebellion. We know that FASA's properties will be in very good hands at Wizkids.

I want to thank all of our loyal fans and customers who over these 20 years have made FASA Corporation a fun place to be and a company of which we are very proud.

- Morton Weisman
- Ross Babcock