SNK cancels licensing agreement with Tommo, Neo Geo X discontinued

neo_geo_x
In a rather surprising and brutal move, SNK has publicly announced the termination of its licensing agreement with Tommo. Tommo has been responsible for the manufacture and distribution of the Neo Geo X console, which was officially licensed by SNK and included many classic Neo Geo games, either built in or in retail bundles.

The statement issued by SNK reads:

To whom it may concern:

Please be informed that the License and Distribution Agreement between TOMMO Inc. and our company is terminated as of October 2nd, 2013.
The Licensed Products set forth in the agreement are as follows;

Terminated Licensed Products:
– NEOGEO X GOLD Limited Edition
– NEOGEO X MEGA PACK VOLUME 1
– 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

Upon termination of the License and Distribution Agreement, SNK has demanded that TOMMO Inc. immediately cease any and all manufacturing, distribution, marketing & promotion and selling of the Licensed Products.

In addition, SNK has demanded TOMMO immediately cease all sales of the “SNK NEOGEO X Arcade Stick” product being sold separately from the NEOGEO X GOLD Plug and Play Console, and remove the “SNK NEOGEO X Arcade Stick” product from store shelves and online retailers. In order to protect our intellectual property rights such as “NEOGEO” and “SNK”, decisive measures will be taken against all unapproved NEOGEO X products not subject to the License Agreement.

Regarding customer support for any/all of the Licensed Products, please contact the retail store / online retailer from which the product(s) were purchased.
Thank you for your understanding and cooperation,

SNK PLAYMORE USA CORPORATION

That sounds like a cancellation with prejudice, no? Maybe someone from SNK actually tried using one.