CALABASAS HILLS, CA, July 15, 2005 â€“ THQ Inc. (NASDAQ: THQI) today announced an agreement with critically acclaimed development studio Team17 Software Ltd. to publish Worms on the PSPTM portable entertainment system and Nintendo DSTM. Retaining the same award-winning gameplay and unique sense of humour that has epitomised the brand for almost a decade, Worms brings a whole raft of new features and laugh-out-loud comedy to the next generation of handheld entertainment.
“The Worms brand is a huge global phenomenon shipping over 9 million units to date,” said Peter Dille, Senior Vice President, Worldwide Marketing, THQ. “The pick-up-and-play gameplay is an ideal formula for the PSP system and Nintendo DS formats and will enable THQ to extend our leadership position in the handheld sector.”
“Team17 is excited and delighted to bring Worms to Nintendo DS and the PSP system in conjunction with THQ,” said Martyn Brown, Studio Director, Team 17. “Both of these new systems represent exciting new handhelds capable of delivering unique experiences both in single player and using the exciting wireless multiplayer capabilities of the platforms. We are developing incredibly addictive new versions of our classic game for existing fans of the series and newcomers to the world of Worms. It’s time to dust off the Holy Hand Grenade and unleash some more exploding sheep!”
THQ Inc. (NASDAQ: THQI) is a leading worldwide developer and publisher of interactive entertainment software. The company develops its products for all popular game systems, personal computers and wireless devices. Headquartered in Los Angeles County, California, THQ sells product through its global network of offices located in the United States, United Kingdom, France, Germany, Spain, Korea and Australia. More information about THQ and its products may be found at www.thq.com and www.thqwireless.com. THQ, THQ Wireless, and their respective logos are trademarks and/or registered trademarks of THQ Inc.
About Team17 Software Ltd
Team17 is a high caliber interactive entertainment development studio based in West Yorkshire, UK. Founded in 1990, making it one of the longest established wholly independent game studios in the world, Team17 has consistently developed high quality entertainment titles throughout its 15 year history for all major gaming platforms. Team17 is currently developing new titles on current, next-generation and new handheld systems and their key franchises include Worms, Alien Breed, Superfrog and Body Blows. Worms is a registered trademark of Team17 Software Ltd.
PSP is a trademark of Sony Computer Entertainment Inc. Nintendo and DS are trademarks of Nintendo.
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the business of THQ Inc. and its subsidiaries (collectively referred to as “THQ”), and are based upon management’s beliefs and certain assumptions made by management. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward looking statements, including, but not limited to economic, competitive and technological factors affecting the operations, markets, products, and pricing of THQ. Unless otherwise required by law, THQ disclaims any obligation to update its view on any such risks or uncertainties or to revise or publicly release the results of any revision to these forward-looking statements. Readers should carefully review the risk factors and the information that could materially affect THQ’s financial results, described in other documents that THQ files from time to time with the Securities and Exchange Commission, including its and Quarterly Reports on Form 10-Q and Annual Report on Form 10-K for the fiscal period ended March 31, 2004, and particularly the discussion of risk factors that may affect results of operations set forth therein.Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.