Premier Video Game Brand Poised To Deliver More Depth and Strategy
With Prominent New Features, Key Annual Enhancements and Incredible
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
More information about WWE SmackDown vs. Raw 2008 can be found at
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
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
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,
Julie MacMedan, 818-871-5125,
JAKKS Pacific/Media Relations
Genna Rosenberg, 310-455-6235,
World Wrestling Entertainment, Inc.
Kevin Hennessy, 203-352-8657,
SOURCE: THQ Inc.