THQ to Acquire Leading Developer Big Huge Games

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Tue Jan 15, 2008 5:30am EST

- Studio to Drive THQ's Efforts in Multi-Billion Dollar
                     Role-Playing-Game Category -
AGOURA HILLS, Calif.--(Business Wire)--THQ Inc. (NASDAQ:THQI) today announced plans to acquire Big Huge
Games, a leading development studio focused on the Role-Playing-Game
(RPG) genre, a multi-billion dollar market segment.

   Big Huge Games was founded in 2000 by four veteran game
developers, Brian Reynolds, Jason Coleman, Dave Inscore and Tim Train,
who together have brought strategy gamers such classic hits as Rise of
Nations(R), Alpha Centauri(R), and Civilization II(R). Key studio
members also include Ken Rolston, a 25-year RPG design veteran whose
most recent design accolades include Elder Scrolls IV: Oblivion(TM)
and Elder Scrolls III; Morrowind(TM).

   "The acquisition of Big Huge Games is a big win for THQ as we
continue to expand both our internal development capabilities and our
portfolio of owned intellectual properties," said Jack Sorensen,
executive vice president of worldwide studios, THQ. "The talent at Big
Huge Games has an outstanding history of developing top-selling
quality games and we look forward to their creation of many exciting
new owned franchises for THQ."

   "We are extremely excited to become a part of THQ," said Tim
Train, president and COO of Big Huge Games. "We believe their passion
for games, developer support, and understanding of the creative
process is without parallel in the industry. THQ provides an ideal
environment to help us develop new, innovative games for both core
gamers and mass market."

   The studio is currently in development on a previously announced
new RPG title for THQ for the Xbox 360(R) video game and entertainment
system, PLAYSTATION(R)3 computer entertainment system and Windows PC,
as well as additional console projects based on their proprietary
technology.

   The acquisition is expected to close shortly, subject to certain
conditions. Under the terms of the agreement, Big Huge Games will
become a wholly owned subsidiary of THQ and the studio's management
and employees will continue with the company. The 100 person studio is
located in Timonium, Maryland. Financial terms were not disclosed.

   About Big Huge Games

   Founded in 2000 by four veteran game developers who together have
brought strategy gamers such classic hits as Rise of Nations(R), Alpha
Centauri(R), and Civilization II(R), Big Huge Games is a video game
studio focused on cutting-edge technology and aimed at mass-market
game development. Big Huge Games founders Brian Reynolds, Jason
Coleman, David Inscore and Tim Train continue in the tradition of
creating inspired and innovative games for PC and next-generation
consoles. Creating games that have received numerous "Game of the
Year" awards and accolades, Big Huge Games is headquartered in
Timonium, Maryland. For more information about Big Huge Games, please
visit www.bighugegames.com.

   About THQ

   THQ Inc. (NASDAQ:THQI) is a leading worldwide developer and
publisher of interactive entertainment software. 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 and www.thqwireless.com. THQ, THQ Wireless and their
respective logos are trademarks and/or registered trademarks of THQ
Inc.

   All other trademarks are trademarks or registered trademarks 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 acquisition of
Big Huge Games and the studio's ability to create successful
franchises for THQ, 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 as well as THQ's ability to successfully integrate the
acquired business. 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, 2007, 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.

THQ/Media Relations
Liz Pieri, 818-871-5061
Liz.Pieri@thq.com
or
THQ/Investor Relations
Julie MacMedan, 818-871-5125
jmacmedan@thq.com

Copyright Business Wire 2008
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