Oh, Neo Geo X. First you were (wrongly) touted as a $500 handheld console. Next you were heralded as the return of the Neo Geo and one of the more exciting hardware debuts of the year. Then you came out and were a ton of fun but had serious limitations. Then you didn’t sell too well. Then against all odds additional games came out in the form of the Neo Geo X Mega Pack. Then SNK announced that your makers, Tommo, broke their licensing agreements and attempted to forcefully stop the sales of all Neo Geo X units and related products. Now Tommo is striking back.
The company issued a press release today that stated they deny any breach of contract has taken place and expects the agreement to be honored by SNK. Tommo claims they haveperformed all of its obligations under the agreement and well seek all legal remedies to maintain its licensee standing.
“The agreement between Tommo and SNK provides specific mechanisms to resolve issues the parties may have with each other; the agreement does not allow SNK to unilaterally pull-the-plug on the rights conferred. Unfortunately, SNK has both failed and refused to use a single contractual remedy to resolve whatever differences exist in this matter, refused our numerous requests to discuss any issues at hand and refuses to consider any good faith proposals we have put forth, instead they are trying to bully US retailers with scare tactics”, said Jonathan Wan, CEO of Tommo, Inc., “Their threats and accusations have harmed the NEOGEO X product marketing efforts, sales channels, and have cost Tommo significant financial losses.”
As Tommo reviews their legal options, they have reached out to retailers to inform them that they have no reason to cease selling the products.