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WWE(R) SmackDown(R) vs. RAW(R) 2006 Reaches 'Greatest Hits' Milestone for the PlayStation(R)2 Computer Entertainment System and PSP(R) (PlayStation(R)Portable) System

Recognition of Sales Success Gives Fans Two World Wrestling Entertainment, Inc. Video Games at $19.99 Suggested Retail Price

AGOURA HILLS, Calif., Oct. 23 /PRNewswire-FirstCall/ -- THQ Inc. (Nasdaq: THQI) and JAKKS Pacific, Inc. (Nasdaq: JAKK) today announced that the highly acclaimed WWE(R) SmackDown(R) vs. RAW(R) 2006 video game has been added to Sony's "Greatest Hits" collection for both the PlayStation(R)2 computer entertainment system and PSP(R) (PlayStation(R)Portable) system. The PlayStation 2 version originally launched in November 2005, while the PSP system version debuted in December 2005. Both games are now available for the suggested retail price of $19.99.

"Achieving 'Greatest Hits' status is a tremendous honor that speaks to the enormous success of the World Wrestling Entertainment, Inc. (WWE) brand," said Kelly Flock, executive vice president, worldwide publishing, THQ. "We are pleased to see the popularity of the SmackDown vs. RAW franchise continue as we expand to the Xbox 360 video game and entertainment system from Microsoft this holiday and to other next generation platforms in the coming years."

"We are very pleased that the tremendous success of WWE SmackDown vs. RAW 2006 has allowed us to release 'Greatest Hits' additions for both the PSP system and PlayStation 2," said Nelo Lucich, vice president of interactive, JAKKS Pacific. "The reduced price point brings the WWE gaming experience to a wider audience, further increasing the strength of the WWE brand in homes."

WWE SmackDown vs. RAW 2006 includes updated fighting and stamina systems, impressive graphics, integrated motion capture technology and authentic SuperStar voiceovers, bringing game play to life with unprecedented levels of realism and strategy during matches. The game includes a power-packed roster filled with new WWE Legends, updated game play modes and 100 different match types, including Buried Alive, Fulfill Your Fantasy and a bar brawl backstage area that allow players to get closer to the action than ever before. In addition, players can access a fully customizable 3-D locker room and test their leadership skills with a brand new general manager mode. The PSP system game can be synchronized with the PlayStation 2 to trade season mode progress and created SuperStars as well as unlock playable Legend Jake "The Snake" Roberts. The game also features three exclusive mini-games and ad-hoc wireless play for up to four players.

About World Wrestling Entertainment, Inc.

World Wrestling Entertainment, Inc. (NYSE: WWE) is an integrated media and entertainment company headquartered in Stamford, Conn., with offices in New York, Los Angeles, Toronto and London. Additional information on the company can be found at wwe.com and corporate.wwe.com. Information on television ratings and community activities can be found at parents.wwe.com.

About THQ Inc.

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.

About JAKKS Pacific, Inc.

JAKKS Pacific, Inc. is a multi-brand company that designs and markets a broad range of toys and consumer products. The product categories include: Action Figures, Art Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush, Construction Toys, Electronics, Dolls, Dress-Up, Role Play, and Pet Toys and Accessories. The products are sold under various brand names including JAKKS Pacific(R), Play Along(R), Flying Colors(R), Creative Designs International(TM), Road Champs(R), Child Guidance(R), Pentech(R), Trendmasters(R), Toymax(R), Funnoodle(R), Go Fly a Kite(R), Color Workshop(R), JPI(TM) and Plug It In & Play TV Games(TM). JAKKS and THQ Inc. participate in a joint venture that has worldwide rights to publish and market World Wrestling Entertainment video games. For further information, visit www.jakkspacific.com.

Trademark Statements

All World Wrestling Entertainment programming, talent names, images, likenesses, slogans, wrestling moves, and logos are the exclusive property of World Wrestling Entertainment, Inc. All other trademarks, logos and copyrights are the property of their respective owners.

"PlayStation", "PS" Family logo and "PSP" are registered trademarks of Sony Computer Entertainment Inc.

Microsoft, Xbox, Xbox 360, Xbox Live, the Xbox logos, and the Xbox Live logo are either registered trademarks or trademarks of Microsoft Corporation in the U.S. and/or other countries.

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 "Greatest Hits" release of the WWE SmackDown vs. RAW 2006 video game for the PlayStation 2 and PSP, 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, 2006, 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.

This press release contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are based on current expectations, estimates and projections about JAKKS Pacific's business based partly on assumptions made by its 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 statements due to numerous factors, including, but not limited to, those described above, changes in demand for JAKKS' products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, and difficulties with integrating acquired businesses. The forward-looking statements contained herein speak only as of the date on which they are made, and JAKKS undertakes no obligation to update any of them to reflect events or circumstances after the date of this release.

Jaime Jensen
THQ/Media Relations
818/871-5111
jjensen@thq.com

Julie MacMedan
THQ/Investor Relations
818/871-5125
investor@thq.com

Genna Rosenberg
JAKKS Pacific/Media Relations
310/455-6235
gennar@jakks.net

Kevin Hennessy
World Wrestling Entertainment, Inc.
203/352-8657
kevin.hennessy@wwecorp.com

SOURCE THQ Inc.
10/23/2006


 
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