THQ Signs Turtle Rock Studios’ Next Project

AGOURA HILLS, Calif.--(BUSINESS WIRE)--THQ (NASDAQ: THQI) today announced that it has signed the next title from ‘Turtle Rock Studios’, the creators of the multiple award winning multiplayer revolution ‘Left 4 Dead.’ The as yet un-named title is scheduled for release in calendar 2013.

“Turtle Rock Studios is responsible for one of the most original, critically acclaimed co-operative games of this generation, and we are incredibly excited to be working with them on their next project, which looks set to make a similar impact in the multiplayer space.”

“Our quest to sign the best artists and work with the best talent continues,” said Danny Bilson, EVP Core Games, THQ. “Turtle Rock Studios is responsible for one of the most original, critically acclaimed co-operative games of this generation, and we are incredibly excited to be working with them on their next project, which looks set to make a similar impact in the multiplayer space.”

“We’re thrilled to be working with THQ,” said Phil Robb, COO, Turtle Rock Studios. “This project is the most ambitious thing we’ve ever attempted, and we’re inspired by the support THQ has shown to help us realize that vision. We’re going to take the first person shooter experience to a whole new level, and we can’t wait to show the game for the first time in the months ahead.”

Turtle Rock Studios’ new title will not be shown at E3 2011, but gamers can expect a full reveal at a later date.

For the rest of THQ’s 2011 E3 line-up, please visit THQ.com.

About Turtle Rock Studios

Turtle Rock Studios Inc. is an independent game developer based in Southern California. The team at Turtle Rock is best known for its work with Valve Corporation on “Counter-Strike: Condition Zero” and “Counter-Strike: Source,” and for revolutionizing cooperative gaming with the award-winning “Left 4 Dead.” The core team has extensive experience in the gaming industry, with over 80 collective years in the business. With a track record of innovation and success, Turtle Rock has attracted key contributors from such titles as: “Command & Conquer: Red Alert 2”; “Command & Conquer: Generals”; "Neverwinter Nights 2” and more. The goals of Turtle Rock Studios are simple: Develop AAA games with creativity, passion and a determined focus on producing games that provide the highest rewards for both our players and our partners.

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 their respective logos 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 release of this as yet un-titled project developed by Turtle Rock Studios, 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 Annual Report on Form 10-K for the fiscal period ended March 31, 2010, and subsequent Quarterly Reports on Form 10-Q, and particularly the discussion of trends and 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.