Thq Inc. (MM) (NASDAQ:THQI)
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The originality, humor and story-telling of award-winning game designer
Tim Schafer and creative studio Double Fine comes to Xbox LIVE®
Arcade for the Xbox 360® video game and entertainment system
from Microsoft and PlayStation®Network as THQ Inc. (NASDAQ:
THQI) today announced Costume Quest, slated for release this
fall, and a third-person adventure digital game scheduled to be released
in early 2011.
“We are delighted to work with the creative genius of Tim Schafer and
the entire Double Fine studio,” said Martin Good, Executive Vice
President, THQ Kids, Family, Casual Games, and Global Online Services.
“Delivering high-quality content across a variety of digital
distribution platforms is an important growth initiative for us, and we
are pleased to do so with two titles whose potential appeal could
encompass both hardcore and casual players.”
Tim Schafer, founder & CEO of Double Fine added, “We wanted to make a
big impression with these, our first downloadable games ever. So we are
coming out swinging with two great adventures from two of the most
creative minds in the company.”
About Costume Quest
Costume Quest is a rollicking Adventure/Role-Playing game that
unfolds on Halloween night across seemingly peaceful suburban
neighborhoods, a mysterious village carnival, and a monster-infested
shopping mall. Created by Double Fine's lead animator, Tasha Harris, the
game follows the adventure of a group of young friends who must rid
their neighborhood of monsters using only their wits, their bravery, and
their home-made costumes. Players go door-to-door collecting candy,
points, cards, battle stamps and quest assignments as they prepare
themselves for Combat Mode—where they transform into larger-than-life
versions of their costumes. Each costume that comes-to-life provides its
own unique set of superpowers that players will need to battle
Halloween’s worst monsters.
About Double Fine Productions
Double Fine Productions (www.doublefine.com)
is an award-winning, independent game development studio founded in 2000
by games industry veteran Tim Schafer, creator of such gaming classics
as Grim Fandango, Full Throttle, and Day of the Tentacle.
Located in San Francisco's South of Market district, Double Fine
specializes in high-quality games with an emphasis on originality,
story, characters, and fun. Its first release, the critically-acclaimed
Psychonauts, won multiple awards, including “Best Action / Adventure
Game” from OXM, and a BAFTA for its screenplay. Double Fine’s heavy
metal epic Brütal Legend won “Strategy/Simulation Game of the Year” from
the Academy of Interactive Arts and Sciences. In 2006, Double Fine
itself was awarded the title of “Best New Studio” at the Developers’
Choice Awards.
About THQ
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 Costume Quest video game is 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.
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