Bethesda Softworks® announced today that it will develop and publish Fallout® 3 -- a sequel to the highly popular Fallout® role-playing game franchise. Bethesda licensed the rights to the Fallout® franchise from Interplay Entertainment Corp. (OTC Bulletin Board: IPLY) in a deal that awards Bethesda exclusive worldwide rights to the Fallout® franchise on the PC, home consoles, handhelds, and other media, with the option to develop and publish additional sequels.

“We’re extremely excited about this opportunity and what it means both for Bethesda and for Fallout fans around the world,” said Vlatko Andonov, president of Bethesda Softworks. “Fallout is one the great RPG franchises. Millions of Fallout games have been sold worldwide, and fans have been eagerly awaiting the release of a Fallout 3 title. Bethesda’s proven expertise in this genre, building on our experience and the tremendous success we have enjoyed with our cutting-edge Elder Scrolls® series, will enable us to create the next chapter of Fallout that is worthy of the franchise.”