Satoru Iwata claims the Wii U will unify hardcore and casual gamers.

Nintendo's president Satoru Iwata sat down to chat with CNN at E3 and explained the reasoning behind the Wii U's name, how it will play and their recent server hack.

When Nintendo announced the Wii U on Tuesday many questions were raised, in part due to how Nintendo focused on certain areas but didn't comment on others. Some fans were initially confused as to whether Wii U was a brand new console or an add on. Mr. Iwata confirms that it is indeed a new console but at E3 they "focused on demonstrating something really unique, which was this new controller."

When pressed about the reasoning behind the name Satoru Iwata points to the fact that "U" can mean many things, including the obvious "you" as it allows you to have an individual experience thanks to the controller. The "U" also stands for "unifying" as Nintendo hope to bring together the somewhat fractured industry and allow for "hardcore" and "casual" titles to co-exist on one console.

"If we maintain that kind of wall or psychological barrier separating the two groups, someday I'm afraid that the culture of video games will be diminished. We want to create a kind of cycle where casual gamers are gradually growing up to become passionate players. In order to maintain that kind of cycle, we needed to break down the wall."

Nintendo has had some positive early feedback from developers with many excited about the new possibilities the console brings. Mr. Iwata argues that while the processing power of the console may now be on par with the PS3 and Xbox 360 there is still plenty of reason for developers to make the Wii U version special. He gives the example of FPS games, claiming that there is no longer the need to access different screens to perform operations such as checking the map, changing weapons etc as you have the screen in your hand.

When pressed about the recent hack that saw one of Nintendo's servers infiltrated, although no information was stolen, Mr. Iwata stated:

"Of course, security and online security is our utmost concern. We are, of course, taking great care to maintain as much security, as strong of security, as possible all the time. Fortunately, this time, there was no leakage of personal data, individual information, at all. We have once again checked all the possibilities. We are reminding ourselves of the necessity to always keep our guards up so this kind of problem won't happen again."