| Press Release |
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Asam Ahmad Senior PR Manager, THQ asam@thq.com T: +44 1483 767656 F: +44 1483 770727 |
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Mary Nelson Garrett Investor Relations, THQ T: +1 818 871 5090 |
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Tom Sarris LucasArts T: +1 415 444 8222 |
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CALABASAS HILLS, Calif., September 5, 2000 - THQ Inc. (NASDAQ NMS: THQI) and LucasArts Entertainment Company LLC today announced a worldwide agreement providing THQ the rights to publish Game Boy Color and Game Boy Advance Games based on LucasArts’ popular Star Wars® and Indiana Jones® properties. The first two Game Boy Color titles anticipated for release under the new agreement include Obi-Wan’s Adventures in fall 2000 and Indiana Jones and the Infernal Machine in spring 2001.
The deal also grants THQ the rights to develop and publish four additional LucasArts properties for Game Boy Advance. Obi-Wan’s Adventures and Indiana Jones and the Infernal Machine are being developed by LucasArts and will be distributed and published worldwide by THQ.
“The LucasArts’ entertainment properties include some of the most widely recognized motion picture adventures in the world,” stated Tim Walsh, senior vice president of international publishing, THQ. “We look forward to adding such high profile properties to our Game Boy Color and Game Boy Advance libraries.”
“LucasArts has enjoyed a long-standing and fruitful relationship with THQ,” said Simon Jeffery, president of LucasArts. “It is one we’re happy to see extended through this venture.”
THQ Inc. develops, publishes and distributes interactive entertainment software worldwide for a variety of hardware platforms including PC CD-ROM, and those manufactured by Sony, Microsoft, Nintendo and Sega. The THQ Web site is located at www.thq.com.
LucasArts Entertainment Company LLC is a leading international developer and publisher of interactive entertainment software for a variety of computer and console platforms. Based in San Rafael, Calif., as well as on the Internet at www.lucasarts.com, LucasArts is one of five companies in the Lucas group which include Lucasfilm Ltd., Lucas Digital Ltd. LLC, Lucas Licensing Ltd., and Lucas Learning Ltd. Lucasfilm is one of the leading film and entertainment companies in the world. Lucasfilm’s businesses include George Lucas’ film and television production and distribution activities as well as the business activities of the THX Group. Lucas Digital, which consists of Industrial Light & Magic (ILM) and Skywalker Sound, provides visual effects and audio post-production services to the entertainment industry. Lucas Licensing is responsible for the merchandising of all Lucasfilm’s film and television properties. Lucas Learning creates engaging interactive entertainment products that provide learning opportunities through exploration and discovery.
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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 the Company's business based, in part, on assumptions made by 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 forward-looking statements due to numerous factors including those described above and the following: changes in demand for the Company'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 Company's most recent report on Form 8-K, filed with the Securities Exchange Commission on November 13, 2000. A copy of this filing may be obtained by contacting the Company or the SEC. The forward-looking statements contained herein speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.