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The Number One Fighting Video Game Franchise Takes on Three New Platforms in WWE(R) SmackDown(R) vs. Raw(R) 2008

Premier Video Game Brand Poised To Deliver More Depth and Strategy With Prominent New Features, Key Annual Enhancements and Incredible Graphics

AGOURA HILLS, Calif.--(BUSINESS WIRE)--March 30, 2007--THQ Inc. (NASDAQ:THQI) and JAKKS Pacific, Inc. (NASDAQ:JAKK) today announced that WWE(R) SmackDown(R) vs. Raw(R) 2008 is in development for multiple gaming platforms, including the franchise debut on Nintendo's Wii(TM) video game console, Nintendo DS(TM) and the PLAYSTATION(R)3 computer entertainment system. In addition, development is underway for the Xbox 360(TM) video game and entertainment system from Microsoft, PlayStation(R)2 computer entertainment system, PSP(R) (PlayStation(R)Portable) system and wireless devices. WWE SmackDown vs. Raw 2008 will mark the largest cross-platform launch for the market-leading franchise and is expected to begin shipping to retail outlets worldwide this fall.

"We are extremely pleased with the success of the SmackDown vs. Raw franchise and its continued growth to a widespread audience, particularly in our European markets," said Bob Aniello, senior vice president, worldwide marketing, THQ. "With the addition of fresh, innovative game play on the Wii, the tremendous capabilities of the PLAYSTATION 3 system and unique handheld experiences for Nintendo DS and wireless devices, gamers can now truly live the life of a WWE Superstar and choose from numerous ways to play."

"We are excited about the incredible potential for WWE SmackDown vs. Raw 2008 as the franchise expands to six platforms," said Nelo Lucich, vice president of interactive, JAKKS Pacific. "The game's new Superstar Fighting Styles and Struggle Submission System, combined with year-over-year improvements, are certain to bring the sports entertainment video game experience to new heights with long-standing franchise fans and casual gamers alike."

WWE SmackDown vs. Raw 2008 will let players take the fight into their own hands with the debut of Superstar Fighting Styles. The game features eight unique styles, each having its own strategy and exclusive attributes. A brand new Struggle Submission System will give players intuitive and natural control over their WWE Superstars by using the game's popular analog controls. Realism and strategy are at the forefront, as players will now control the amount of pressure they apply to their opponents. In addition, WWE SmackDown vs. Raw 2008 will feature a significant Extreme Championship Wrestling(TM) (ECW(R)) presence, including a variety of Superstars, arenas and weapons. The game is also packed with significant updates requested by fans, including new rosters, more environmental hotspots, a combined Season and General Manager Mode experience, improved out-of-ring action, enhanced online community support and much more. The Nintendo DS version of the video game will offer a unique game play experience, including touch screen control over Superstars, situation-based fighting with unique holds and a full year of nonstop action in WWE Season Mode.

More information about WWE SmackDown vs. Raw 2008 can be found at www.thq.com.

About World Wrestling Entertainment, Inc.

World Wrestling Entertainment, Inc. 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. (NASDAQ:JAKK) 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, Play Along, Flying Colors, Creative Designs International, Road Champs, Child Guidance, Pentech, Trendmasters, Toymax, Funnoodle, Go Fly a Kite, Color Workshop, JPI and Plug It In & Play TV Games. 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.

All World Wrestling Entertainment, Inc. 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.

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.

"PlayStation", "PS" Family logo and "PSP" are registered trademarks of Sony Computer Entertainment Inc. Memory Stick Duo(TM) may be required (sold separately).

Nintendo, Wii, Nintendo DS and Game Boy Advance are trademarks of Nintendo.

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 WWE SmackDown vs. Raw 2008 video game for the Xbox 360, PlayStation 3, PlayStation 2, PlayStation Portable, Nintendo Wii and Nintendo DS, 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/A 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 may contain 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.

CONTACT: THQ/Media Relations
Jaime Jensen, 818-871-5111, jjensen@thq.com or
THQ/Investor Relations
Julie MacMedan, 818-871-5125, investor@thq.com or
JAKKS Pacific/Media Relations
Genna Rosenberg, 310-455-6235, gennar@jakks.net or
World Wrestling Entertainment, Inc.
Kevin Hennessy, 203-352-8657, kevin.hennessy@wwecorp.com

SOURCE: THQ Inc.


 
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