Company Closure
Due to a series of delays, approval snags, and sagging sales, Working Designs announced on December 12, 2005 that all existing staff had been laid off and the company was effectively defunct. Speculation on the reasons for why include the company's perceived inability or unwillingness to release games for non-Sony platforms since Magic Knight Rayearth for the Sega Saturn.
In a public statement posted on the message board hosted at Working Designs' official site, President Victor Ireland, though expressing much gratitude for strong core fan support over the years, stated that a series of complications related to the approval of upcoming games for the PlayStation 2 had created a loss of revenue from which the company would not be able to recover. Ireland however went on to express optimism that a possible publishing deal may occur in the future with the support of remaining WD staff, likely for Microsoft's latest platform, the Xbox 360. The statement ended by encouraging fans to contact Microsoft among other firms about their desire to see more titles like those which Working Designs had built its reputation on.
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