Featured Post

Thank You, Axl Rotten (And R.I.P.)

Tuesday, August 14, 2007

WWE® SmackDown® Vs. Raw® 2007 Reaches Major Sales Milestone For The Xbox 360™ Video Game And Entertainment System From Microsoft, PlayStation®2 Comput

Courtesy of THQ Inc.:

Three World Wrestling Entertainment, Inc. Video Games Can Now Reach More Fans At $19.99 Suggested Retail Price

AGOURA HILLS, Calif.--Aug. 14, 2007--THQ Inc. (NASDAQ:THQI) and JAKKS Pacific, Inc. (NASDAQ:JAKK) today announced that the critically acclaimed WWE(R) SmackDown(R) vs. Raw(R) 2007 video game has been added to the "Platinum Hits" collection for the Xbox 360(TM) video game and entertainment system from Microsoft. The game also has joined Sony's "Greatest Hits" collection for the PlayStation(R)2 computer entertainment system and PSP(R) (PlayStation(R)Portable) system. The Xbox 360 and PlayStation 2 versions of the game originally launched in November 2006 and are now available for the suggested retail price of $19.99. The PSP system version, which launched in December 2006, will be available at retail on September 5 for the same suggested retail price.

"Achieving 'Platinum Hits' and 'Greatest Hits' status simultaneously is a tremendous honor that speaks to the continued growth and development of the SmackDown vs. Raw video game franchise," said Scott Guthrie, senior vice president, North American sales and distribution, THQ. "We look forward to seeing its popularity expand further as we bring WWE SmackDown vs. Raw 2008 to seven platforms this holiday season, including the franchise's return on Xbox 360, PlayStation 2 and wireless devices, and its debut on the Wii(TM) home video game console, Nintendo DS(TM) and the PLAYSTATION(R)3 computer entertainment system."

"We are extremely pleased with the success of WWE SmackDown vs. Raw 2007 and our ability to release 'Platinum Hits' and 'Greatest Hits' editions respectively for the Xbox 360, PlayStation 2 and PSP system," said Nelo Lucich, vice president of interactive, JAKKS Pacific. "This milestone demonstrates the continued strength of the WWE brand among video game fans and we believe the reduced price point will bring the WWE video game experience to an even larger audience."

About WWE SmackDown vs. Raw 2007

WWE SmackDown vs. Raw 2007 enables players to experience the thrill of being a WWE Superstar like never before with key upgrades, next generation graphics and new game play features. Environmental hotspots let players use multiple objects in and around the ring, as well as from crowd members, to inflict damage on their opponents. Players can also get closer than ever to WWE fans as they battle in a new interactive fighting area within the crowd. New ultimate control moves and an enhanced season mode with multiple branching storylines let players take the power of the WWE Superstars into their own hands, while a brand new analog control grappling system makes fighting more realistic than ever with intuitive movements and new levels of control. WWE SmackDown vs. Raw 2007 is also packed with significant product upgrades, including an expanded General Manager Mode, updated rosters for both RAW and SmackDown, enhanced online multiplayer game play with voice chat support and more. In addition, the PSP system version includes an exclusive Road To WrestleMania(R) mode, which allows players to select from four unique tournament styles and compete for supremacy in single-elimination battles.

More information about WWE SmackDown vs. Raw 2007 can be found at www.svr2007.com and www.thq.com.

About World Wrestling Entertainment, Inc.

Additional information on World Wrestling Entertainment Inc. (NYSE:WWE), can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.

About THQ Inc.

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 and their respective logos are trademarks and/or registered trademarks of THQ Inc.

About JAKKS Pacific, Inc.

JAKKS Pacific, Inc. (NASDAQ:JAKK) is a multi-brand company that designs and markets a broad range of toys and consumer products. The product categories include: Action Figures, Art Activity Kits, Stationery, Writing Instruments, Performance Kites, Water Toys, Sports Activity Toys, Vehicles, Infant/Pre-School, Plush, Construction Toys, Electronics, Dolls, Dress-Up, Role Play, and Pet Toys and Accessories. The products are sold under various brand names including JAKKS Pacific(R), Play Along(R), Flying Colors(R), Creative Designs International(TM), Road Champs(R), Child Guidance(R), Pentech(R), Trendmasters(R), Toymax(R), Funnoodle(R), Go Fly a Kite(R), Color Workshop(R), JAKKS Pets(TM) and Plug It In & Play TV Games(TM). JAKKS and THQ Inc. participate in a joint venture that has worldwide rights to publish and market World Wrestling Entertainment video games. For further information, visit www.jakkspacific.com.

Trademarks: All World Wrestling Entertainment programming, talent names, images, likenesses, slogans, wrestling moves, and logos are the exclusive property of World Wrestling Entertainment, Inc. ECW is a trademark owned by WWE Libraries, Inc. ECW is a trademark owned by WWE Libraries, Inc. All other trademarks, logos and copyrights are the property of their respective owners.

Microsoft, Xbox, Xbox 360, Xbox Live, the Xbox logos, and the Xbox Live logo are either registered trademarks or trademarks of Microsoft Corporation in the U.S. and/or other countries.

"PlayStation" and "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc. Memory Stick Duo(TM) may be required (sold separately).
Wii and Nintendo DS are trademarks of Nintendo.

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 "Platinum Hits" and "Greatest Hits" releases of the WWE SmackDown vs. Raw 2007 video game respectively for the Xbox 360 and PlayStation 2, 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 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.

This press release may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) that are based on current expectations, estimates and projections about JAKKS Pacific's business based partly on assumptions made by its management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such statements due to numerous factors, including, but not limited to, those described above, changes in demand for JAKKS' products, product mix, the timing of customer orders and deliveries, the impact of competitive products and pricing, and difficulties with integrating acquired businesses. The forward-looking statements contained herein speak only as of the date on which they are made, and JAKKS undertakes no obligation to update any of them to reflect events or circumstances after the date of this release.

Jaime Jensen, Media Relations, 818-871-5111
Julie MacMedan, Investor Relations, 818-871-5125
JAKKS Pacific
Genna Rosenberg, Media Relations, 310-455-6235
World Wrestling Entertainment, Inc.
Kevin Hennessy, 203-352-8657

Note from Ric: Longest fucking headline I've ever seen. Here's the entire thing, should you care - "WWE® SmackDown® Vs. Raw® 2007 Reaches Major Sales Milestone For The Xbox 360™ Video Game And Entertainment System From Microsoft, PlayStation®2 Computer Entertainment System And PSP® (PlayStation®Portable) System"