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 THQ TOPS RETAIL SALES CHARTS WITH BOTH XBOX AND GAME BOY ADVANCE TITLES

 

WWF Raw and SONIC ADVANCE are Nation’s Number One Sellers

 

CALABASAS HILLS, Calif., - February 27, 2002 - THQ Inc. (NASDAQ NMS: THQI) announced today that it has topped sales charts for the Xbox™ video game system from Microsoft and Game Boy Advance according to independent retail data from NPD Funworld. WWF Raw®, the company’s latest World Wrestling Federation® (NYSE: WWF) licensed video game in partnership with JAKKS Pacific, Inc. (NASDAQ NMS: JAKK), was the number one selling Xbox game for the for the week of February 10-16. In its first week WWF Raw sold the most units ever for a third-party Xbox game-- second only to Microsoft’s Halo™.

 THQ’s newest Game Boy® Advance release, SONIC ADVANCE™, was also a best seller topping the handheld chart for the week of February 3-9. SONIC ADVANCE was also the fourth best-selling game overall for the week of February 3-9.

 “We are thrilled with the overwhelming response at retail to WWF Raw and SONIC ADVANCE,” said Alison Locke, executive vice president, North American Publishing, THQ.  “Both of these titles truly demonstrate the power of these new systems as well as the continued strengths of the World Wrestling Federation and Sega brands.”

 “The sell-through of WWF Raw validates our previous expectations for this new Xbox title,” noted Jennifer Richmond, vice president of licensing, JAKKS Pacific.  “We are proud of the level of realism this World Wrestling Federation video game offers to the most loyal fans in the world.”

About WWF Raw

Developed by Anchor, WWF Raw showcases more than 45 Superstars in multiple match types including title matches and King of the Ring tournaments.   For the first time ever in a World Wrestling Federation game, players can interfere with opponents on their way to the ring during Superstar entrances.  Enhanced multiplayer capabilities including four-player tag team, handicap and triple threat match variations make WWF Raw the definitive wrestling game for Xbox.       

 About SONIC ADVANCE

SONIC ADVANCE marks the 2D return of Sega’s mascot Sonic the Hedgehog®. Players must solve puzzles and avoid traps to foil Dr. Eggman’s evil plot with the help of Sonic, Tails, Knuckles, or Amy. For the first time ever, players will be able to connect their Game Boy Advance to their Nintendo Gamecube™ system thanks to the innovative link feature found in SONIC ADVANCE and Sega’s SONIC ADVENTURE™ 2 BATTLE for Nintendo Gamecube.

 About World Wrestling Federation Entertainment, Inc.

World Wrestling Federation Entertainment, Inc. (NYSE: WWF) is an integrated media and entertainment company headquartered in Stamford, Conn., with sales offices in New York City and Chicago.  The company also has international offices in London and Toronto. Additional information on the company can be found at wwf.com and wwfecorpbiz.com

About JAKKS Pacific

JAKKS Pacific, Inc. is a multi-brand toy company that designs, develops, produces and markets toys and related products under various brand names (including Flying Colors®, Road Champs®, Remco®, Child Guidance®, and Pentech®) in multiple product categories, including: Wheels; Action Figures; Art/Activities/Stationery; Infant/Pre-School; Writing Instruments; Plush; and Dolls. The Company also participates in a joint venture with THQ Inc. that has exclusive worldwide rights to publish and market World Wrestling Federation® video games.  Visit www.jakkspacific.com.

About Sega

SEGA® of America is the American arm of Tokyo, Japan-based SEGA Corporation, a $3.5 billion corporation by market capitalization, recognized as a worldwide leader in interactive entertainment both inside and outside the home.  The company develops, publishes and distributes interactive entertainment software products for a variety of hardware platforms including PC, wireless devices, and those manufactured by Nintendo, Microsoft and Sony Computer Entertainment Inc.  SEGA of America’s Web site is located at www.sega.com.

About Xbox

Xbox (http://www.xbox.com/) is Microsoft’s future-generation video game system that delivers the most powerful games experiences ever.  Xbox empowers game artists by giving them the technology to fulfill their creative visions as never before, creating games that blur the lines between fantasy and reality. Xbox is now available in North America at the suggested retail price of $299.99.

*Reseller prices may vary. 

About THQ

THQ Inc. develops and publishes interactive entertainment software worldwide for a variety of hardware platforms including PC CD-ROM, wireless devices, and those manufactured by Sony Computer Entertainment, Nintendo and Microsoft.  The THQ web site is located at www.thq.com.

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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 THQ’s Registration Statement on Form S-3 as filed with the Securities and Exchange Commission on January 22, 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.

 

Xbox is a trademark of Microsoft Corporation in the United States and/or other countries.



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Sonic Advance (GBA)
WWF Raw (XB)