Latest THQ quarterly results
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Fiscal 2006 First Quarter
The company said that it plans to release three new original titles in the fiscal 2006 first quarter. Pandemic Studios' "Destroy All Humans!(TM)" and "S.T.A.L.K.E.R.: Shadow of Chernobyl" from GSC Game World are now scheduled to ship in April and May of 2005, respectively. In addition, the company plans to release "Juiced" in the fiscal 2006 first quarter
Product Development Momentum
THQ, consistent with its strategy to grow internal development capabilities, opened a new studio in the San Diego area. The new studio, Concrete Games, is focusing on next-generation console technology and development, and becomes THQ's ninth internally owned studio.
Handheld Leadership
THQ, building on its leadership on handheld devices, plans to launch "Ping Pals" for the Nintendo® DS portable game system in early December. "Ping Pals" takes advantage of the highly anticipated two-way messaging feature in the DS system. The company also plans to bring its market-leading kids and family brands to the platform, including games based on the Disney/Pixar films "Cars" and "The Incredibles," as well as SpongeBob SquarePants(TM) and Tak. In addition, THQ has four Sony PlayStation® Portable (PSP) titles in development, and plans to release its successful MX brand for the PSP launch.
In October 2004, THQ renewed its master interactive license agreement with Nickelodeon granting THQ worldwide interactive rights through 2010 to publish games based on all existing and future animated TV and movie properties targeting kids ages 6-14.
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We are extremely pleased with `Warhammer® 40,000: Dawn of War(TM)', which ranks as a top-selling title in multiple territories and we look forward to more ground-breaking games from Relic and our deep internal development studio organization."