Neo Geo
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Years later, SNK would release the Neo Geo CD, a more cost effective console with games released on compact discs. The console was met with limited success, due in part to its slow CD-ROM drive. In an attempt to compete with increasingly popular 3D games, SNK released the Hyper Neo Geo 64 arcade system in 1997 as the successor to its aging MVS. The system did not fare well and only a few titles were released for it. A planned home console based on the hardware was never released. SNK later extended the brand by releasing two handheld consoles, the Neo Geo Pocket and Neo Geo Pocket Color, which briefly competed with Nintendo's Game Boy. Soon after their release, SNK encountered various legal and financial issues and the Neo Geo brand was officially discontinued in 2004.
Despite the failure of later Neo Geo hardware, games for the original MVS and AES were well received. The system spawned several long-running series, including The King of Fighters and Samurai Shodown. Later releases like the Metal Slug games ensured that the hardware had a long lifespan. Homebrew video games for the system have also been released and the AES system along with its games are popular among collectors, with many AES items still fetching high prices at auction. In 2012, SNK Playmore announced that it was revisiting the brand with a handheld console based on the original AES, under the name Neo Geo
SNK's first two products using the Neo Geo name were an arcade system called the Neo Geo Multi Video System (MVS) and a companion console called the Advanced Entertainment System (AES), both released in 1990. The MVS offered arcade operators the ability to put up to six different arcade titles into a single cabinet, a key economic consideration for operators with limited floorspace. It comes in many different cabinets but basically consists of an add on-board that can be linked to a standard JAMMA system.
Initially, the home system was only available for rent to commercial establishments, such as hotel chains, bars and restaurants, and other venues. When customer response indicated that some gamers were willing to buy a $650 console, SNK expanded sales and marketing into the home console market. The Neo Geo console was officially launched on 31 January 1990 in Osaka, Japan.[2] Compared to the other 16-bit consoles of the time, Neo Geo's graphics and sound were vastly superior. This was because the AES was identical to its arcade counterpart, the MVS, so arcade titles released for the home market were perfect translations. Although its high price tag kept it out of the mainstream gaming market, a strong game lineup contributed to the cult status of the Neo Geo, enabling it to outlast the more popular Super Nintendo and the Mega Drive.
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