GOLD MASTER, PRICING ANNOUNCED FOR EPISODE TWO OF PENNY ARCADE GAME

For Immediate Release

VANCOUVER, British Columbia - Oct. 1, 2008 - Hothead Games is pleased to announce that the anxiously-awaited Episode Two in its well-received Penny Arcade Adventures: On the Rain-Slick Precipice of Darkness game series has reached Gold Master status for the Windows®, Mac® and Linux® versions. In recognition of this momentous milestone, Hothead has further announced that Episode Two will be priced at $14.95 for download this fall via the Greenhouse digital distribution service ( www.playgreenhouse.com) and other popular digital distribution systems or 1200 Microsoft points on Xbox LIVE® Arcade. The PLAYSTATION®Network version of Episode Two is also expected for release shortly thereafter with similar pricing.

"Episode One was a huge investment for us and established a great base from which we built Episode Two. It allows us to focus even more on the fans in developing future games in the series," said Hothead's CEO, Vlad Ceraldi. "Our new game has a lot of great enhancements that were made possible by direct fan interaction and we are extremely excited to get our game into their hands and get their feedback."

The madcap Penny Arcade experience continues in Episode Two where gamers return to the deranged 1920s universe of New Arcadia and rejoin Gabe and Tycho of the Startling Developments Detective Agency to visit crazy new areas, combat bigger and badder enemies, solve even more wacky puzzles and get ever closer to unraveling the mystery in the sinister heart of New Arcadia.

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

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About Hothead Games: Hothead Games is an independent game developer and publisher based in Vancouver, Canada. The company is committed to creating top quality games for the experienced gamer. Hothead is best known for its RPG-adventure game series, On the Rain-Slick Precipice of Darkness, based on the widely popular Penny Arcade online comic strip. Hothead self-publishes its titles with a focus on offering accessible game play and episodic content through digital distribution. Visit www.hotheadgames.com for more information.

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Contact: Carolyn Carnes

Flash Fire Communications

866-205-5670 x500

carolyn@flash-fire.com


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