Today Ubisoft reported sales for the first fiscal quarter ended June 30, 2007. Sales for the first quarter of 2007-08 came to 134 million ($180.66 U.S.), up 90.5%, or 94.5% at constant exchange rates, compared with the 70 million ($94.37 U.S.) recorded for the same period of 2006-07. In light of its first-quarter performance, which exceeded forecasts, as well as the positive feedback for its games at this year's E3, Ubisoft has raised its performance targets for full-year 2007-08.

Ubisoft's 2007-08 sales target is now approximately 825 million ($1,112.27 U.S.). In a separate press release, Ubisoft announced today that it will develop and publish the video game based on Twentieth Century Fox's "Avatar," the upcoming feature film written and directed by Academy Award-winning filmmaker James Cameron. The game is expected to release in conjunction with the movie's planned opening in May 2009.