The Neo Geo X Gold, which we reported as having hit the end of its shelf life thanks to SNK Playmore terminating its licensing contract with manufacturers Tommo Inc., is now hanging precariously in existence.
Kotaku reproduced a segment of the statement sent to them by Tommo Inc., in which the company denies any breach of contract and “demands that SNK retract its press release and any attempts to terminate the license agreement”.
Tommo, Inc., today responded to the press release that appeared on the SNK PLAYMORE USA Corp website last week. Tommo, Inc. denies that any breach of contract exists in their agreement with SNK PLAYMORE USA Corp and are continuing to support and market the popular NEOGEO X GOLD entertainment system, its accessories, and games. Due to the popularity of the system, Tommo and SNK extended the agreement earlier this year until 2016. Tommo fully expects this agreement to be honored by all parties. To date, Tommo has performed all of its obligations under its license agreement with SNK and is disappointed by SNK’s sudden and unjustified termination of the agreement. Tommo has demanded that SNK retract its press release and any attempts to terminate the license agreement.
It looks like it’s time to grab a Neo Geo X Gold for yourself if you haven’t, then sit back with your popcorn to watch the show.
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