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Xbox 360 backward compatible with Xbox games & Enix news

On the heels of the Xbox 360 (TM) video game and entertainment system worldwide premiere on MTV last week, Microsoft Corp. released a flurry of announcements tonight to a packed house at the Shrine Auditorium. Bolstering the promise that Xbox 360 immerses players at the center of the most powerful next-generation games and entertainment experiences, the company revealed that Square Enix Co. Ltd. -- an industry-leading developer and publisher of the world-renowned "FINAL FANTASY®" series, which has sold more than 60 million units worldwide -- will release "FINAL FANTASY XI" for Xbox 360 and Xbox Live (TM) . "FINAL FANTASY XI" is just the beginning: Square Enix will work closely with Microsoft on Xbox 360 and Xbox Live .

The company also announced Xbox 360 will be backward-compatible with top-selling Xbox games. In addition, more than 160 games are in development for Xbox 360, with 25 to 40 games slated for release this calendar year. All are optimized for high-definition output (720p and 1080i).

View: The full press release

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