Cincinnati-based online game developer Games Inc. has issued a press release announcing that they are teaming up with Midway Games to bring online and wireless versions of several classic Midway games, including Mortal Kombat! The press release mentions that the ports of Mortal Kombat and other games will be "individual and multi-player online tournament and league versions". From the press release:

CINCINNATI, Nov. 3, 2004 (PRIMEZONE) -- Games Inc. (OTC BB:GMSI.OB - News) will launch new Online and Wireless versions of many of Midway Games Inc.'s (NYSE:MWY - News) classic Arcade Game titles. Games will distribute these classic titles through their own Web properties, adding to their other branded games offerings.

Roger Ach, CEO of Games Inc., welcomed the Midway addition, saying, ``Midway's Classic Arcade games will be another important component of our goal to make Games, Inc. the centerpiece of Branded Online multi-player and single-player content. Midway and relationships such as this, serve as more examples of how Games is focused on executing its business plan to strengthen our Branded Online multi-player and single-player content and build shareholder value.''

These games are currently under development by Games, Inc. and the initial titles will launch in early January, subject to the execution of a definitive agreement. Games, Inc. expects the Midway properties to be immediately accretive to earnings in the quarters after launch.

The press release does not mention which MK games will be ported over. We'll be checking up on this development, and as we learn more, we'll be sure to report it here!

To read the press release in its entirety, click here.