EXHIBIT 99.1

                                                       CONTACT:  Heather Greer
                                                 Interplay Entertainment Corp.
                                                          HGREER@INTERPLAY.COM
                                                                (949) 553-6655

                                                         FOR IMMEDIATE RELEASE

                      INTERPLAY AND BIOWARE REACH AGREEMENT

IRVINE, CALIFORNIA, JANUARY 24, 2002 - INTERPLAY ENTERTAINMENT CORP.
(NASDAQ:IPLY), announced today that Interplay and BioWare Corp. have reached a
settlement ending the dispute between the two companies. Per the agreement,
NEVERWINTER NIGHTS(TM), developed by BioWare, will be published worldwide by
Infogrames subject to certain pre-existing Interplay licenses. In addition,
other matters have been resolved to both parties' mutual satisfaction.

     "We are very pleased with the outcome of this situation and we are looking
forward to a successful and mutually beneficial relationship with Infogrames and
BioWare on this and other titles," said Herve Caen, President of Interplay.

     "We're delighted that we have reached an amicable settlement agreement in
our dispute with Interplay," added Ray Muzyka, joint CEO of BioWare Corp. "We
look forward to completing the development work on NEVERWINTER NIGHTS(TM) and
having Infogrames publish this product."

ABOUT BIOWARE CORP.

BioWare Corp. is an electronic entertainment company that develops computer and
console games. Published projects include: SHATTERED STEEL, the genre-defining
BALDUR'S GATE(TM) role playing game series, MDK(TM)2 for Dreamcast and PC, and
MDK(TM)2: ARMAGEDDON for Playstation(R)2. Recently, BioWare released BALDUR'S
GATE(TM): THRONE OF BHAAL(TM), the massive expansion pack to BALDUR'S GATE(TM)
II SHADOWS OF AMN(TM). BioWare's developers are currently hard at work on two
titles to be released this year; NEVERWINTER NIGHTS(TM) - a Dungeons &
Dragons(R) fantasy role playing game for singleplayer and multiplayer (to be
published by Infogrames), and STAR WARS(R) KNIGHTS OF THE OLD REPUBLIC (to be
published by LucasArts). As well, development is under way on a new,
unannounced, third project.

ABOUT INTERPLAY ENTERTAINMENT CORP.

Interplay Entertainment Corp. is a leading developer, publisher and distributor
of interactive entertainment software for both core gamers and the mass market.
Interplay currently balances





its development efforts by publishing for personal computers as well as current
and next generation video game consoles. Interplay releases products through
Interplay, Shiny Entertainment, Digital Mayhem, Black Isle Studios, its
distribution partners and its wholly owned subsidiary Interplay OEM, Inc. More
comprehensive information on Interplay and its products is available through its
worldwide web site at HTTP://WWW.INTERPLAY.COM.

     Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995:

STATEMENTS CONTAINED IN THIS RELEASE EXCEPT FOR HISTORICAL INFORMATION ARE
FORWARD-LOOKING STATEMENTS THAT ARE BASED ON CURRENT EXPECTATIONS AND INVOLVE
RISKS AND UNCERTAINTIES. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, WORDS
SUCH AS "MAY," "WILL," "EXPECT," "BELIEVE," "ANTICIPATE," "INTEND," "COULD,"
"ESTIMATE," OR "CONTINUE" OR THE NEGATIVE OR OTHER VARIATIONS THEREOF OR
COMPARABLE TERMINOLOGY ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS. THE
RISKS AND UNCERTAINTIES INHERENT IN SUCH STATEMENTS MAY CAUSE ACTUAL FUTURE
EVENTS OR RESULTS TO DIFFER MATERIALLY AND ADVERSELY FROM THOSE DESCRIBED IN THE
FORWARD-LOOKING STATEMENTS. FOR EXAMPLE, INTERPLAY'S RELATIONSHIP WITH
INFOGRAMES AND BIOWARE DEPENDS ON OUR FUTURE BUSINESS DEALINGS WITH THESE
COMPANIES. ADDITIONAL IMPORTANT FACTORS THAT MAY CAUSE ACTUAL FUTURE EVENTS OR
RESULTS TO DIFFER MATERIALLY AND ADVERSELY FROM THOSE DESCRIBED IN THE
FORWARD-LOOKING STATEMENTS ARE DISCUSSED IN THE COMPANY'S FILINGS FROM TIME TO
TIME WITH THE SECURITIES AND EXCHANGE COMMISSION, INCLUDING BUT NOT LIMITED TO
THE COMPANY'S ANNUAL REPORTS ON FORM 10-K AND THE COMPANY'S SUBSEQUENT QUARTERLY
FILINGS ON FORM 10-Q. INTERPLAY DISCLAIMS ANY OBLIGATION TO REVISE OR UPDATE ANY
FORWARD-LOOKING STATEMENTS THAT MAY BE MADE FROM TIME TO TIME BY IT OR ON ITS
BEHALF.

                                      # # #

Note: All trademarks and copyrights are the property of their respective
owners.

For further information, please contact Heather Greer of Interplay Entertainment
Corp., +1-949-553-6655, hgreer@interplay.com.


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