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The first E3 featured the start of Sony's entrance into the video game industry with its PlayStation. Sega's Saturn was ready to try and take advantage of the year head start it would have over Nintendo, who at the time had announced its Ultra 64 system (later renamed Nintendo 64) would be released in the summer of the following year. Nintendo used the event to unveil its Virtual Boy system, which turned out to be a commercial failure. Some of the games that were shown and garnered attention were Battle Arena Toshinden, Ridge Racer, Panzer Dragoon, Virtua Fighter, and D. Several game videos were shown for both the PlayStation and Saturn.
SNK also showed and announced the release of the Neo Geo CD. Though it was only the first year for E3, the show proved to be the premier event for gaming in the US. The expo received 50,000 attendees.