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THQ ANNOUNCES SPLASHDOWN 2 FOR PLAYSTATION 2
First THQ Title Developed by Rainbow Studios Scheduled for Release in Summer 2003
CALABASAS HILLS, Calif. - January 6, 2003 - THQ® Inc. (NASDAQ: THQI) today announced that it will publish Rainbow Studios’ Splashdown™ 2, the sequel to the critically acclaimed, top-selling Splashdown. Inspired by the spectacle and excitement of theme parks and thrill rides, SplashDown 2 will have players blasting through massive, imaginative locales with amazing sights and startling events around every corner. Splashdown 2 is scheduled for release on the PlayStation®2 computer entertainment system in summer 2003.
“Rainbow Studios has consistently delivered some of the most innovative interactive entertainment products over the past 15 years,” stated Brian Farrell, president and CEO, THQ. “Building on the retail success and critical acclaim of the original Splashdown, we are extremely excited to have Splashdown 2 be the first Rainbow Studios title published by THQ.”
“Splashdown 2 is set to redefine the racing genre with its amazing graphics and cinematic gameplay,” stated Scott Novis, vice president, Rainbow Studios. “We are thrilled to be able to utilize THQ’s unparalleled publishing expertise for the project - this is just the beginning of THQ and Rainbow’s partnership to produce true cutting edge products that push the technology envelope.”
About Splashdown 2
Splashdown 2, the sequel to the critically acclaimed and top-selling racing game of 2001, offers the next wave in watercraft racing - an even wilder experience than the original. Inspired by the spectacle and excitement of theme parks and thrill rides, Splashdown 2 has players blasting through huge, imaginative locales with amazing sights and startling events around every corner. Splashdown’s famously beautiful water and physics technology has evolved as well - bigger waves, swift currents, and treacherous downhill rivers. There are also plenty of tricky, technical Indoor Stadium courses, plus a Freestyle stunt mode, an all-new Technical Time Trials mode for hardcore racers, and more. Splashdown 2 combines larger-than-life arcade fun with Rainbow Studios’ signature realistic physics and controls.
About Rainbow Studios
Named as Game Informer’s “Developer of the Year for 2001”, Rainbow Studios is one of THQ’s premier creators of next generation content for console systems and PC. Headquartered in Phoenix, Arizona, Rainbow Studios is a company driven to make great games. The Companies’ fifteen-year videogame history includes the critically acclaimed Motocross Madness PC series, the award-winning ATV Offroad Fury and top-selling Splashdown.
About THQ
THQ Inc. is a leading, worldwide developer and publisher of interactive entertainment software for a variety of hardware platforms including PC CD-ROM, wireless devices, and those manufactured by Sony Computer Entertainment America Inc., Nintendo and Microsoft. The THQ web site is located at www.thq.com. The THQ Wireless site is located at www.thqwireless.com.
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about THQ's business based, in part, on assumptions made by its management. These statements are not guarantees of THQ's 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 forward-looking statements due to numerous factors, including, but not limited to, those described above and the following: changes in demand for THQ's products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing and difficulties encountered in the integration of acquired businesses. In addition, such statements could be affected by growth rates and market conditions relating to the interactive software industry and general domestic and international economic conditions. Specific information concerning these and other such factors is contained in the Registration Statement on Form S-3 filed with the Securities and Exchange Commission on August 16, 2002. A copy of this filing may be obtained by contacting THQ or the SEC. The forward-looking statements contained herein speak only as of the date on which they are made, and THQ does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
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