AGOURA HILLS, Calif.--(BUSINESS WIRE)--Jul. 24, 2012--
THQ Inc. (NASDAQ:THQI) today announced that
it has received notification from NASDAQ that it has regained compliance
with the minimum bid price rule for continued listing on The NASDAQ
Global Select Market because the bid price of its common stock has
closed at $1.00 per share or greater for at least 10 consecutive
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, wireless devices and the Internet. 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 http://www.thq.com/.
THQ and its logo are trademarks and/or registered trademarks of THQ Inc.
THQ Inc. Caution Concerning Forward-Looking Statements
This press release contains statements that are 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 statements regarding the company’s future
business goals and expectations and future video game line-up. These
statements 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 Annual Report on Form 10-K for the
fiscal period ended March 31, 2012, and particularly the discussion of
trends and 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 Investor Relations
Lisa Mueller, 818-871-5125
Angela Emery, 818-871-8650