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(January 16, 2004)

Core Design members, the development house responsible for the Tomb Raider games of old, has returned to the scene as Circle Studio.  With Core higher-ups Jeremy Heath Smith and brother Adrian Smith leading the charge, 35 former Core Design employees are hard at work at Circle Studios on two prototype games for the Xbox and PS2.  Also the studio is preparing for the eventual release of games on the follow-up consoles to the PS2 and Xbox, though probably not Nintendo's next console.

Source: Gameindustry.biz