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THQ and Blue Fang Games Announce Development Agreement

Creators of Zoo Tycoon(TM) Franchise to Develop New Property for Nintendo Wii and DS

AGOURA HILLS, Calif.--(BUSINESS WIRE)--Feb. 19, 2008--THQ Inc. (NASDAQ: THQI) and Blue Fang Games today announced that they have entered into a development agreement for a brand new videogame property. The new property is in development for Nintendo's Wii(TM) and DS(TM )systems, as well as Windows PC, and is scheduled for release in fiscal 2010. Blue Fang is most noted for its immensely successful Zoo Tycoon(TM) franchise, which continues to reach a broad audience of casual game players on the Nintendo DS(TM) game system.

"With sales in excess of seven million units worldwide, Blue Fang's Zoo Tycoon franchise has served to expand the casual gaming demographic through its accessible, compelling gameplay," said Scott Guthrie, executive vice president of publishing, THQ. "We're confident that this new property will strongly appeal to the new generation of casual players on Nintendo Wii and DS."

"THQ's worldwide marketing and sales expertise, long history of strength on the Nintendo systems, and exceptional developer support make them the ideal partner for our new property," said Hank Howie, president of Blue Fang Games. "We've had a very successful experience working with THQ on the DS versions of Zoo Tycoon, and we look forward to releasing the first details of our new game together with THQ later this year."

Blue Fang's Zoo Tycoon franchise has achieved more than seven million units in sales worldwide and boasts an award-winning legacy including recognition from the Academy of Interactive Arts & Sciences, Children's Software & New Media Revue, Scholastic Parent & Child, and Parents' Choice.

About Blue Fang Games

Blue Fang Games is an independent game developer dedicated to creating compelling, emotionally engaging games focused on the animal kingdom that set the benchmark for broad-based family entertainment. Blue Fang's Zoo Tycoon(TM) franchise has sold over seven million units worldwide and the studio is now developing a new multiplatform videogame property with THQ, Inc. Founded in 1998, Blue Fang Games is located in Waltham, MA. For more information visit Blue Fang Games on the Web at www.bluefang.com.

About THQ

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 throughout North America, Europe and Asia Pacific. 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.

The statements contained in this press release that are not historical facts may be "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"), including, but not limited to, expectations and projections related to the agreement with Blue Fang Games and the new videogame property, and are based upon management's current 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, business, competitive, economic, legal, political and technological factors affecting our industry, operations, markets, products or pricing. 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 Quarterly Reports on Form 10-Q and Annual Report on Form 10-K for the fiscal period ended March 31, 2007, and particularly the discussion of risk factors set forth therein. 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 are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

CONTACT:
THQ/ Media Relations
Liz Pieri, 818-871-5061
THQ/ Investor Relations
Julie MacMedan, 818-871-5125

SOURCE: THQ Inc.


 
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