Like in the previous game, the battles are once again between teams of four. Both the original Neo Geo version and the Sega Dreamcast version were included in The King of Fighters NESTS Hen compilation released for the PlayStation 2 in Japan. The stand-alone PlayStation 2 version was released in North America in a two-in-one bundle with the preceding game in the series, The King of Fighters 2000. The game was ported to the Sega Dreamcast in Japan only and PlayStation 2. The game was produced by the South Korea-based company Eolith and developed by BrezzaSoft and Eolith, a company formed by former SNK employees. It is the eighth game in The King of Fighters series and the first game produced following the closure of the original SNK.
The King of Fighters 2001 (KOF '01) is a fighting game produced by Eolith for the Neo Geo.