AGOURA HILLS, Calif.&NOTTINGHAM, United Kingdom, Apr 26, 2011 -- THQ (NASDAQ:THQI) and Games Workshop (LSE:GAW.L) today announced a multi-year extension to their successful video game license agreement, extending THQ's current exclusive rights to publish video games based on the popular Warhammer ® 40,000 ® universe through titles across all relevant platforms including core, social and mobile rights.
Since entering the licensing agreement with Games Workshop, THQ has published several highly successful titles based on the intellectual property (IP), including the Warhammer ® 40,000 ® : Dawn of War ® real-time-strategy games for PC systems that have shipped 6.5 million units to date. Two fresh interpretations of the Warhammer 40,000 IP are currently in development by THQ: Warhammer ® 40,000 ® : Space Marine TM - a third-person shooter for the Xbox 360 ® video game and entertainment system from Microsoft, PlayStation ® 3 computer entertainment system and PC set to release later this year - and Warhammer ® 40,000 ® : Dark Millennium TM Online, a massively multiplayer online game exploring the deep fiction and myriad races of the IP.
"The complex, futuristic war-torn universe created by Games Workshop equipped THQ's award-winning development teams with the material to create one of the most loved PC franchises - Warhammer 40,000: Dawn of War," said Brian Farrell, THQ President and CEO. "Our envisioning of the Warhammer 40,000 universe will continue to grow with top quality games across all platforms, including the upcoming launches of Warhammer 40,000: Space Marine and Warhammer 40,000: Dark Millennium Online."
"The impressive translation of the Warhammer 40,000 universe from the tabletop to the video game space by THQ certainly highlights the potential of our most successful intellectual property in the right hands," said Mark Wells, Games Workshop CEO. "We know that the depth of the storylines, characters and imagery of the Warhammer 40,000 universepositions the IP to excel across many media platforms - and extending our agreement with THQ will help ensure that Warhammer 40,000 maintains a strong and growing presence in the video game space."
About Games Workshop
Games Workshop Ltd (LSE:GAW.L) is the world's largest tabletop hobby wargames company. Based in Nottingham, UK, it designs, manufactures and distributes its range of Warhammer and Warhammer 40,000 games, miniature soldiers, novels and model kits through more than 389 of its own Hobby centers, mail order, Internet and independent retail channels in over nine languages through more than 50 countries worldwide. Further details on the company can be obtained at www.games-workshop.com. Games Workshop, Warhammer, Warhammer 40,000, Warhammer 40,000: Dawn of War II - Chaos Rising, Warhammer 40,000: Dawn of War II - Retribution the foregoing marks' respective logos, and all associated marks, logos, places, names, creatures, races and race insignia/devices/logos/symbols, vehicles, locations, weapons, units and unit insignia, characters, products, illustrations and images are either ® , TM and/or© Games Workshop Ltd 2000-2011. Used under license. All Rights Reserved.
THQ Inc. (NASDAQ:THQI) is a leading worldwide developer and publisher of interactive entertainment software. The company develops its products for all popular game systems, personal computers and wireless devices. Headquartered in Los Angeles County, California, THQ sells product through its global network of offices located throughout North America, Europe and Asia Pacific. More information about THQ and its products may be found at www.thq.com. THQ and the THQ logo are trademarks and/or registered trademarks of THQ Inc.
All other trademarks are the property of their respective owners.
The statements contained in this press release that are not historical facts may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the business of THQ Inc. and its subsidiaries (collectively referred to as "THQ"), including, but not limited to, expectations and projections related to the Warhammer 40,000 video game license, and are based upon management's current beliefs and certain assumptions made by management. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, business, competitive, economic, legal, political and technological factors affecting our industry, operations, markets, products or pricing. Readers should carefully review the risk factors and the information that could materially affect THQ's financial results, described in other documents that THQ files from time to time with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal period ended March 31, 2010, and subsequent Quarterly Reports on Form 10-Q, and particularly the discussion of trends and risk factors set forth therein. Unless otherwise required by law, THQ disclaims any obligation to update its view on any such risks or uncertainties or to revise or publicly release the results of any revision to these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.