AGOURA HILLS, Calif. June 14, 2010 -- THQ Inc. (NASDAQ: THQI) today announced its ground-breaking partnership with Valhalla Game Studios TM to publish the studio’s premier videogame title, Devil’s Third TM , for the Xbox 360 ® video game and entertainment system from Microsoft and PlayStation ® 3 computer entertainment system.
From legendary game creator Tomonobu Itagaki and his newly formed Valhalla Game Studios, Devil’s Third is a fast paced action game set in the near future in the wake of a global catastrophe. Tomonobu Itagaki, whose credits include the critically acclaimed Ninja Gaiden and Dead or Alive franchises, has pledged to deliver an experience like no other, combining a deep storyline with original combat mechanics all set against an atmospheric and explosive backdrop.
Tomonobu Itagaki, Chief Technical Officer, Valhalla Game Studios commented,“Here at Valhalla Game Studios, I lead a magnificent team of highly talented creators. Valhalla is looking forward to working with THQ to create an innovative new game that will appeal to gamers all around the world. We think you’ll be as excited to play it as we are to be making it.”
Danny Bilson, THQ Executive Vice President of Core Games commented,“We are honored to be working with Valhalla Game Studios to release their premier title, Devil’s Third. This partnership with leading developer Tomonobu Itagaki reflects the high quality standard we have set for THQ’s Core Games pipeline.”
About Valhalla Game Studios
Valhalla Game Studios Co., Ltd. was founded by Satoshi Kanematsu. Tomonobu Itagaki, who has created outstanding game franchises such as Dead or Alive and Ninja Gaiden, is in charge of the development team at the studio. The studio’s strength comes from a rich experience in the development of high-quality games combining high technical skill, attractive character IP and magnificent gameworlds. More information about Valhalla Game Studios may be found at www.valhallagamestudios.com. Valhalla Game Studios is a registered trademark of Valhalla Game Studios Co., Ltd.
Valhalla Game Studios is represented by CAA.
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, Devil’s Third, and their respective logos are trademarks and/or registered trademarks of THQ Inc.
Microsoft, Xbox, Xbox 360, Xbox Live, the Xbox logos, and the Xbox Live logo are either registered trademarks or trademarks of Microsoft Corporation in the U.S. and/or other countries.
“PlayStation” is a registered trademark of Sony Computer Entertainment Inc. This title has not yet been concept approved by Sony Computer Entertainment America.
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 Devils’ Third video game, 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 Quarterly Reports on Form 10-Q and Annual Report on Form 10-K for the fiscal period ended March 31, 2010, and particularly the discussion of 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.
- <*># #*>