38 Studios Acquires Big Huge Games

- Leading RPG Studio Accelerates 38 Studios` Online Entertainment Experience -
MAYNARD, Mass.--(Business Wire)--
38 Studios (www.38studios.com), an entertainment and original IP creation
company, today announced the acquisition of Big Huge Games (BHG) from publisher
THQ Inc. The acquisition is a critical step in 38 Studios` strategy to deliver a
broad range of entertainment products centered on its original fantasy IP,
codenamed Copernicus. The purchase of Big Huge Games includes all of the
company`s proprietary IP, tools, technology, assets, and works-in-progress.
Specific financial terms of the agreement were not disclosed.

Big Huge Games was founded in 2000 by veteran game developers Brian Reynolds,
Jason Coleman, Dave Inscore, and Tim Train. Award-winning lead designer Ken
Rolston, a 25-year role-playing game designer and co-creator of Oblivion and
Morrowind, is another vital and dynamic component in BHG`s success. Big Huge
Games has developed top-selling games including Rise of Nations, and was built
with the same talent that created Alpha Centauri, and Civilization II. Big Huge
Games is currently developing an unnamed RPG title for the Xbox 360 video game
and entertainment system, PLAYSTATION 3 computer entertainment system, and
Windows PC.

"The acquisition of Big Huge Games will be tremendously beneficial to the
growth, market position, financial stability, and long-term success of 38
Studios," said Brett Close, CEO and President, 38 Studios. "BHG`s cross-platform
RTS/RPG engine will accelerate the realization of our Online Entertainment
Experience for the Copernicus IP. The acquisition enables us to develop and
deliver top-quality games in multiple genres that are based in a shared world,
ultimately maximizing the value of our Copernicus MMOG and the intellectual
property as a whole."

"Big Huge Games and 38 Studios share a common vision - to deliver the most
engaging, compelling, original experiences possible," said Tim Train, CEO of Big
Huge Games. "Joining the 38 Studios family allows us to continue translating our
passions into great games."

"It`s always about team," said 38 Studios Founder and Chairman Curt Schilling.
"The highly regarded developers at BHG, including leading role-playing and
real-time strategy design teams led by Ken Rolston, are a perfect complement to
38 Studios` staggering array of talent. Big Huge Games is a phenomenal team and,
culturally, a natural fit."

The Big Huge Games team will be integrated into 38 Studios but will remain based
in Timonium, Maryland.

About Big Huge Games

Big Huge Games is a video game studio focused on cutting-edge technology and
aimed at mass-market game development. Since its creation in 2000, Big Huge
Games has created several products that have received numerous "Game of the
Year" awards and accolades, including Rise of Nations, Rise of Legends, and
Catan XBLA. Big Huge Games was founded by Brian Reynolds, David Inscore, Tim
Train, and Jason Coleman, and is headquartered in Timonium, Maryland. For more
information about Big Huge Games, please visit www.bighugegames.com.

About 38 Studios

38 Studios, an entertainment and IP creation company founded in 2006 by Curt
Schilling, is developing an original fantasy IP driven by the creative and
artistic visions of pop-culture icons R. A. Salvatore and Todd McFarlane.
Entertainment products will include a massively immersive Online Entertainment
Experience that transcends the traditional MMOG genre, novels, comics, toys,
console games, movies, TV, and more. For more information, visit
www.38studios.com.

For 38 Studios
Andrea Schneider/Karen Blondell
917.769.6060/310.922.5838
38studiospr@gmail.com
kblondell@sbcglobal.net

Copyright Business Wire 2009