Penny Arcade Game Launch and Pricing Confirmed for PLAYSTATION 3 System

October 21, 2008

PENNY ARCADE GAME LAUNCH AND
PRICING CONFIRMED FOR PLAYSTATION 3 SYSTEM

"Episode One" To Slide onto
PLAYSTATION Network October 23

Anxious fans and PLAYSTATION 3
computer entertainment system owners, the wait is almost over! Hothead today
announced that its well-received Penny Arcade Adventures: On the Rain-Slick
Precipice of Darkness, Episode One will arrive on the PLAYSTATION®Network for
download on October 23 in North America (other regions to follow shortly
thereafter).

The PLAYSTATION Network version of
Episode One features newly-implemented PLAYSTATION 3 system features such as
trophies, score ranking and background music (BGM) support and will sell at
$14.99 USD, representing a greater value to gamers than ever before. In
celebration of this long-awaited moment, the Windows®, Mac® and Linux® versions
of Episode One currently available on the Greenhouse digital distribution
service
www.playgreenhouse.com
will be immediately and permanently reduced to sell
at a comparable price.

"We’re so excited to finally be able
to get this version into gamers’ hands," said Vlad Ceraldi, "that we wanted to
extend the same value and opportunity to anyone else who hasn’t had a chance yet
to play Episode One. Other platforms and digital distribution services can make
their own decision regarding pricing, of course, but we’re recommending under
$15 for this and all episodes going forward. Episode Two will be coming to
PLAYSTATION Network before Christmas and we are really happy how it turned out."

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