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