Episode One of Penny Arcade Game Available Now for PLAYSTATION(R)3 System

October 23, 2008

EPISODE ONE OF PENNY ARCADE GAME
AVAILABLE NOW FOR PLAYSTATION 3 SYSTEM

Hothead Games today proudly
announced that its well received Penny Arcade Adventures: On the Rain-Slick
Precipice of Darkness, Episode One is now available for download on the
PLAYSTATION 3 computer entertainment system in North America. Offered via the
PLAYSTATION®Network, this version of Episode One features newly-implemented
PLAYSTATION 3 system features such as trophies, score ranking and background
music (BGM) support and sells at $14.99 USD, representing a greater value to
gamers than ever before.

Penny Arcade Adventures: On the
Rain-Slick Precipice of Darkness is an RPG-Adventure game series set in the
comic-book-meets-pulp-horror-meets-H.P. Lovecraft deranged 1920s universe of New
Arcadia, delivered to gamers via accessible episodic releases. Players join Gabe
and Tycho, the crime-solving team of the Startling Developments Detective
Agency, to combat savage enemies and solve mysteries hidden deep in the sinister
heart of New Arcadia. The game is the result of close collaboration between
Hothead Games and Penny Arcade, featuring distinct artwork and characters
designed exclusively by Mike "Gabe" Krahulik, story and dialogue by Jerry "Tycho"
Holkins, and both brought to life by the Hothead team.

"Hothead is now adding a new
platform to its roster," said Vlad Ceraldi, CEO of Hothead. "This is the first
of what I’m sure will be many more great Hothead games on the PLAYSTATION
Network. In fact, Episode Two for this platform is almost ready and we expect it
to launch before Christmas."

Penny Arcade Adventures: On the
Rain-Slick Precipice of Darkness, Episode One has been rated "M" for Mature by
the Entertainment Software Rating Board for all platforms