SNK Playmore USA Corp has posted a notification of the termination of their License Agreement between TOMMO Inc. on their website. Tommo Inc. is the maker of the NEOGEO-inspired retro handheld console emulator, NEOGEO X. The nature of this termination has not been stated, nor even hinted at, previously by either company.
As stated by SNK Playmore USA Corp’s press release, Tommo Inc. is to immediately cease all NEOGEO X related activity including manufacturing, distribution, marketing and promotion of the Licensed products. The short list of the products affected is as follows:
- the NEOGEO X GOLD Limited Edition
- the NEOGEO X Mega Pack vol. 1 (a compilation of the five Classics volumes)
- NEOGEO X Classics Vol. 1
- NEOGEO X Classics Vol. 2
- NEOGEO X Classics Vol. 3
- NEOGEO X Classics Vol. 4
- NEOGEO X Classics Vol. 5
- the SNK NEOGEO X Arcade Stick
The NEOGEO X handheld console, charging dock, and arcade stick were designed with stylings borrowed from the late SNK Advanced Entertainment System (AES), a home console based on the company’s popular arcade Multi Video System (MVS) hardware, and the ill-fated NEOGEO POCKET, the company’s previous handheld console. The console can connect externally to a TV via included analog composite or HDMI cables either from the dock or the handheld directly. Twenty NEOGEO game ROMs were shipped, built-in the NEOGEO X, along with an additional game, Ninja Master’s, on a game card. The Mega Pack and Classics volumes provided an additional fifteen titles.
This news comes with a bit of shock since the handheld has only been on the market since mid-December 2012. With the release of the Mega Pack and Classics came a much needed firmware update as well as an “official” standalone charger for the NEOGEO X. Also, future compilations would signify a one stop shopping source for almost the entire NEOGEO library, that’s roughly over 120 games, at a fraction of the cost.
Initially, MVS game kits cost several hundred dollars given their environment, but their value would plummet lower than the AES versions in most cases. AES versions of a game would be $200-$300 initially, with the prices skyrocketing into the thousands amongst the aftermarket sources for certain games. The game Metal Slug, which is one of the games that ships with the handheld, has a going rate of over $2000, for example, due to overall lower print runs of the AES games and high demand.