Plot
The official plot, as given by SNK, is as follows:
"In February, 2017 of the new Japanese era there is a man trying to rule the NEOGEO World. "I will topple NeoGeo's most powerful warriors and put myself on the throne!". We knew that if he managed to obtain NeoGeo world's awesome power, world domination would not be far from his reach. This man, who sat at the heart of the "WAREZ Conglomerate" with overwhelming financial power behind him, had already set out on his ambitious path to gain NeoGeo World's power. Those who knew the truth of his intentions were already trembling with fear... As NeoGeo World drew closer to the verge of disaster, a WAREZ sponsored fighting competition was announced. This event is called "NEOGEO BATTLE COLISEUM". The Federal Government is worried about the situation, and has secretly dispatched its two best secret agents, Yuki and Ai. A world on the verge of eternal darkness... The future of NEOGEO World is now in the hands of the warriors."
The name of the organization that hosts the tournament, WAREZ, is an obvious play on the word warez, as SNK Playmore blames software piracy as one of the contributing factors to the company's bankruptcy and eventual closing in 2001.
Read more about this topic: Neo Geo Battle Coliseum
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—Charles Dickens (1812–1870)