| Press Release |
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Asam Ahmad Senior PR Manager, THQ asam@thq.com T: +44 1483 767656 |
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Mary Nelson Garrett Investor Relations, THQ T: +1 818 871 5090 |
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CALABASAS HILLS, Calif. – October 13, 2000 – THQ (NASDAQ NMS: THQI) has secured publishing rights to Tetris - one of the most popular video games ever created. Tetris games have sold more than 55 million units worldwide since the first Tetris release for PC in 1988. The agreement with Tetris developer Blue Planet Software and the Tetris Company grants THQ exclusive rights to publish Tetris games worldwide through 2004 for console systems including PlayStation 2, Xbox, GameBoy Advance, as well as PC. THQ announced that its first Tetris games are scheduled for release on PlayStation 2, Game Boy Advance, PC and other next-generation systems for holiday 2001.
“Tetris represents one of the greatest gaming phenomenons in our industry,” stated Jeff Lapin, vice chairman and COO, THQ. “From ten minute break-time games on desk tops in countless office cubicles to head to head PlayStation competitions in living rooms across the globe, Tetris has defined puzzle gaming for over a decade on every game system. We are delighted to be partnering with Blue Planet Software as we prepare Tetris for the next wave of handheld and set top technology, as well as the expanding online environment.”
“THQ’s proven marketing and distribution force is unparalleled in our industry,” stated Henk Rogers, CEO, Blue Planet Software. “They are the ideal publishing partner as we take Tetris to new, fast and furious 3D extremes on Game Boy Advance, PlayStation 2, PC and more next-generation game systems.”
The Tetris franchise has enjoyed 88 different releases on 22 different systems since 1988. Tetris games have appeared on every major gaming platform, in hotel rooms, on airline in-flight entertainment systems, as part of original equipment purchases including desktop PC’s and cellular phones, and more. With more than 55 million units sold worldwide through the life of the franchise, Tetris remains one of the strongest original game properties in existence. For more information on Tetris games, please visit www.tetris.com.
Blue Planet Software, Inc is a computer game design and development company engaged in the creation of first-class intellectual properties targeted at a mass-market, mainstream audience. A major part of its activity centers around the long-term strategic management of the Tetris brand, for which it acts as sole agent. Blue Planet was formed in 1996 and is based in San Francisco.
THQ Inc. develops, publishes and distributes interactive entertainment software worldwide for a variety of hardware platforms including PC CD-ROM, and those manufactured by Sony, Nintendo, Microsoft and Sega. The THQ site is located at www.thq.com.
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This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors including those described above and the following: changes in demand for the Company's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing and difficulties encountered in the integration of acquired businesses. In addition, such statements could be affected by growth rates and market conditions relating to the interactive software industry and general domestic and international economic conditions. Specific information concerning these and other such factors is contained in the Company's most recent report on Form 8-K, filed with the Securities Exchange Commission on November 13, 2000. A copy of this filing may be obtained by contacting the Company or the SEC. The forward-looking statements contained herein speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.