PENNY ARCADE GAME COMING TO A PLAYSTATION®3 SYSTEM NEAR YOU

For Immediate Release

VANCOUVER, British Columbia - July 23, 2008 - Hothead Games today proudly announced that its well received Penny Arcade Adventures: On the Rain-Slick Precipice of Darkness, Episode One is currently in development for the PLAYSTATION®3 computer entertainment system and will debut on PLAYSTATION®Network late fall 2008.

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 all brought to life by the Hothead team.

"We keep getting emails asking why our Penny Arcade game is not on PSN," said Hothead's CEO, Vlad Ceraldi. "We have always said we wanted to have our games on as many platforms as possible to give choice to gamers. All good things take time and we are very excited to bedebuting our first PS3 title and look forward to bringing more games to this platform in the future."

The PLAYSTATION®3 system version of Episode One will be priced in line with the game on other platforms.

"PlayStation", "PLAYSTATION" and "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.

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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