Just before midnight tonight, one of the once elite North American organizations, has indicated that they will be closing their doors, effective March 1, 2010.

For Team Pandemic, their initial arrival into the scene with Mark Dolven wasn’t given serious thought from the average gamer, and especially not to the heavyweights at the time. From that underdog mentality, they made a firm move into successful placings, and established very successful teams and divisions across multiple games in their multi-year history.

A portion of their press release is as follows:

Effective March 1, TeamPandemic LLC. are shutting the doors on nearly a decade of world champion esports divisions (2002-2010).

From our humble beginnings as an Arkansas LAN team, the blue and white of the Pandemic swirl would evolve into a symbol of gaming’s elite… an icon which gamers worldwide would recognize, Fortune 500 companies once valued and leveraged as a means to reach an entire demographic, yet only a very special and select few were ever lucky enough to wear.

While details are set to be announced at a later date, the press release also indicated that the brand of Pandemic will be kept, to pursue future opportunities.

The full press release can be found here.