AGOURA HILLS, Calif., Dec 13, 2010 (BUSINESS WIRE) -- THQ Inc. (NASDAQ: THQI) announced today it has entered into a multi-year agreement with Guillermo del Toro, writer and director of Hellboy and the Oscar-winning Pan's Labyrinth, to create inSANETM, an original trilogy of triple-A games. To be developed by Volition, Inc.(R), inSANE will deliver an unprecedented cinematic experience while redefining storytelling in gaming. The first chapter in the series is expected to launch in 2013.
Del Toro will serve as external creative director for the games, working closely with THQ Executive Vice President, Core Games Danny Bilson, THQ Director of Fiction Development Paul DeMeo and THQ's Volition, Inc. studio on the development of the trilogy. In addition, THQ and del Toro will collaborate on potential transmedia projects surrounding the inSANE games.
"THQ is committed to creating great games by identifying the world's most talented artists and providing them with the creative support to design innovative game play experiences,"said Bilson. "Guillermo is not only an incredibly gifted writer and film director, but also an avid gamer, and we are excited to bring his talents to our medium. We are confident his unique point of view will create visually stunning adventures, filled with rich and rewarding game play."
"With this new series of video games, I want to take players to a place they have never seen before, where every single action makes them question their own senses of morality and reality,"said del Toro. "THQ and Volition, Inc. are equally excited to make this vision of a completely new game universe into a reality."
THQ will own the intellectual property rights to the inSANE games, and del Toro will hold the rights to any filmed entertainment products.
For more information, please visit: www.insanegame.com
For assets, please visit: http://bhimpact.gamespress.com/client_page.asp?i=184
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. THQ, Volition, Inc. and the THQ logo are trademarks and/or registered trademarks of THQ Inc.
THQ Inc. Caution Concerning Forward-Looking Statements
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 agreementbetween THQ andGuillermo del Toro to create an original trilogy of triple-A games for THQ and expectations for such games and intellectual property rights, 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, 2010, 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.
SOURCE: THQ Inc.
THQ /Media and Investor Relations