THQ Announces Publishing Agreement With People Can Fly

Creators of Painkiller Working on New Original Property for Next Gen Systems

Feb 13, 2006: THQ Inc. (Nasdaq: THQI) today announced that a deal has been signed with critically-acclaimed Polish developer People Can Fly to bring their forthcoming title to consumers worldwide. Through this strategic relationship, People Can Fly joins THQ's studio system, which includes 12 internal studios and more than 25 independent development teams. Under the terms of the agreement, the as-yet untitled game is expected to be developed for a global release across next-gen platforms in fall 2007.

"THQ's strategy is to work with world-class developers to bring highly innovative, original IP to market," said Dan Kelly, Senior Vice President, Business Development. "It was immediately obvious to us that the team at People Can Fly has great talent and an exciting, innovative idea that supports this strategy."

"THQ has always been our publisher of choice and we are delighted to be working with them. They have consistently proven to us that they are able to provide the right environment for a great business partnership," commented Adrian Chmielarz, President, People Can Fly. "Their open, communicative approach to the evaluation, analysis and ultimate signing of this deal has allowed us a great amount of creative flexibility and support for our development process. We look forward to working with them to bring an innovative, genre-defining product to gamers."