01.03.2007 10:30:00
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THQ and Games Workshop Group PLC Announce Exclusive Warhammer(R) 40,000(TM) Licensing Agreement
THQ Inc. (NASDAQ:THQI) today announced that it has entered into an
exclusive worldwide licensing agreement with Games Workshop (LSE:GAW)
for the Warhammer® 40,000™
franchise through 2013. The agreement serves to both extend and expand
upon THQ’s previous agreement with Games
Workshop for the Warhammer 40,000 license, which encompassed interactive
rights to console and handheld systems, as well as Windows PC.
Additional rights under the newly announced agreement include wireless
devices and all online rights, including massively multiplayer (MMO)
games. It also includes the same rights to Games Workshop’s
Gorkamorka and Necromunda properties.
THQ also announced that its Austin, Texas based studio, Vigil Games, is
in development on the first MMO based on the Warhammer 40,000 franchise.
THQ’s critically acclaimed Warhammer®
40,000™: Dawn of War™ franchise now boasts more than 2 million units in sales worldwide
with the release of hybrid expansion Warhammer®
40,000™: Dawn of War™ – Dark Crusade™
last fall. The franchise has received numerous accolades since its 2004
debut, including Game of the Year and Editor’s
Choice Awards, in addition to selection as an Official World Cyber Games
title in 2005 and 2006.
"Our success in creating Warhammer 40,000:
Dawn of War as a category leading Real-Time Strategy experience for
PC gamers is just the beginning,” said Kelly
Flock, executive vice president of worldwide publishing, THQ. "The
Warhammer 40,000 universe provides a richness of worlds, characters and
stories and level of depth that translates perfectly to interactive
experiences across multiple genres and systems. We see a lot of
opportunity to build new and different games based on Games Workshop’s
fantastic property in the coming years, beginning with our newly
announced MMO.” "We are delighted to be able to announce the
extension of our very successful partnership with THQ,”
said Andy Jones, Head of Group Legal and Licensing for Games Workshop. "By
creating such vibrant and ground-breaking games based on our
long-established worlds, stories and characters, THQ can introduce the
Warhammer 40,000 Intellectual Property to a whole new audience,
while providing our existing Hobbyists with an exciting new way to
interact with the dark and gothic universe which they already know and
love.”
More information about Vigil Games can be found at www.vigilgames.com.
About Games Workshop
Games Workshop is the world's largest tabletop wargames company. Based
in Nottingham, UK, it designs, manufactures and distributes its range of
Warhammer and Warhammer 40,000 games, miniature soldiers, novels,
collectible card games and resin models through more than 340 of its own
Hobby centers, mail order, Internet and independent retail channels in
more than 50 countries worldwide. Further details on the company can be
obtained at www.games-workshop.com.
Dawn of War, Dawn of War: Dark Crusade, Games Workshop, Warhammer, the
foregoing marks' respective logos, and all associated marks, logos,
places, names, creatures, races and race insignia/devices/logos/symbols,
vehicles, locations, weapons, units and unit insignia, characters,
products, illustrations and images are either ®,
™ and/or ©. Games
Workshop Ltd. 2000-2007. Used under license. All Rights Reserved.
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 and www.thqwireless.com.
THQ, THQ Wireless, Vigil Games and their respective logos are trademarks
and/or registered trademarks of THQ Inc.
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 games based on the Warhammer
40,000 universe, 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 Quarterly Reports on Form 10-Q and
Annual Report on Form 10-K/A for the fiscal period ended March 31, 2006,
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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