THQ Joins Forces with South Park Digital Studios on “South Park: The Game”

AGOURA HILLS, Calif.--(BUSINESS WIRE)--THQ (NASDAQ:THQI) today announced that they are collaborating with South Park Digital Studios LLC, the joint venture between “South Park” creators Matt Stone and Trey Parker and Viacom Media Networks and Obsidian Entertainment, Inc. to develop the next chapter in South Park entertainment: “South Park: The Game.”

“Our goal is simple: to put creative talent first”

“South Park: The Game” is an epic role-playing adventure that will allow the user to befriend Stan, Kyle, Cartman and Kenny and explore the quiet little mountain town like never before.

“Our goal is simple: to put creative talent first,” said Danny Bilson, EVP Core Games, THQ. “Matt and Trey are arguably two of the most important comedic talents of their generation. Bringing their vision of South Park to the interactive space is a dream-come-true.”

The first details of “South Park: The Game” will be revealed in the exclusive cover story in Game Informer^®’s January issue, shipping to subscribers in early December 2011.

“South Park: The Game” is scheduled to be available for the PlayStation®3 computer entertainment system, the Xbox 360® video game and entertainment system from Microsoft, and Windows PC in the second half of calendar 2012.

About THQ

THQ is a leading worldwide developer and publisher of interactive entertainment software. The company develops its products for all popular game systems, personal computers, wireless devices and the internet. 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 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.

About South Park Digital Studios

South Park Digital Studios is a joint venture between Viacom Media Networks and Matt Stone and Trey Parker, the creators of the Emmy® and Peabody® Award-winning series South Park. South Park Digital Studios is a digital animation and development studio dedicated to creating mobile and digital applications, digital goods and video gaming products, as well as overseeing social networking and digital syndication for South Park. South Park Digital Studios owns and operates the website SouthParkStudios.com and eight international versions of the site. South Park is a registered trademark of Comedy Partners, a wholly-owned division of Viacom Inc. (NYSE: VIA and VIAB)

About Obsidian Entertainment, Inc.

Obsidian Entertainment is an entertainment software development company passionately dedicated to making high quality role playing games for Windows PC and console systems. Obsidian was founded in 2003 by five game development veterans who've produced, programmed and/or designed award-winning role playing games for a variety of platforms over the last 15 years: Feargus Urquhart, Chris Parker, Darren Monahan, Chris Avellone and Chris Jones. Obsidian Entertainment's website can be found at Obsidianent.com.

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 South Park: The 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 Annual Report on Form 10-K for the fiscal period ended March 31, 2011, 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