Earthworm Jim is back!

The Company is planning to develop a range of video games over the next five years for next-generation handheld and online systems.

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“Atari is a company on the move, and as one of the most beloved video game characters in history, the return of Earthworm Jim marks an important day for Atari, the video game industry and consumers,” said Atari, Inc. Chief Executive Officer Bruno Bonnell. “The Atari brand signifies innovation, imagination, entertainment and most importantly, fun. Our commitment to the Atari brand and investing in franchises that embrace similar traits, like Earthworm Jim, are the cornerstones in the Company’s evolution.”

Alright.. I am a big fan of Earthworm Jim. I am not too sure I like the sound of “Online” or “Handheld” games though. It seems as though we will not be seeing a regular offline version of the game that we have come to love. I hope to that this is not another series to go down the toilet. Check out the full news release at Yahoo.