THQ Announces Arrival of Conan

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THQ Announces Arrival of Conan

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THQ Announces Commanding Arrival of Conan for the Xbox 360 Video Game and Entertainment System from Microsoft and PLAYSTATION3 Computer Entertainment System

Epic Action Adventure Stars Famed Barbarian from Robert E. Howard's Original Stories
AGOURA HILLS, Calif. -- Oct. 23, 2007 THQ Inc. (NASDAQ:THQI) today announced the release of Conan(R) for the Xbox 360(R) video game and entertainment system from Microsoft and PLAYSTATION(R)3 computer entertainment system. Players will take on the role of Conan as he journeys through Hyboria, decimating his foes with a variety of deadly weapons, fighting styles, hand-to-hand combat and his surrounding environment. The Conan video game is rated "M" for Mature and is now available at retailers throughout North America for the suggested retail price of $59.99.

"The long-standing strength of the brand and its resounding popularity make Conan an ideal property for the video game space," said Brad Carraway, director of global brand management, THQ. "The game allows players to take control of the famed barbarian and, for the first time, truly experience the visceral rush of becoming the ultimate warrior."

"As we celebrate the 75th anniversary of the Conan brand this year, we are pleased to offer our dedicated fans a new way to embrace the well-known barbarian," said Frederik Malmberg, President and CEO, Paradox Entertainment. "Conan's latest journey is certain to satisfy long-time Conan followers, as well as fans of action adventure video games."

About the Conan Video Game

Conan is an action adventure featuring a story of true evil and brutal, visceral combat. Inspired by Robert E. Howard's original stories, players will follow the journey of Conan as he fights an epic battle against a variety of enemies and an elusive power that threatens to consume the Hyborian world. Players will assume the role of Conan, taking advantage of a deep and gratifying combat system that offers a variety of deadly weapons, fighting styles and interactive environments to battle hordes of enemies. In addition, the Conan video game will harness the power of next generation hardware to deliver a cinematic gameplay experience, complete with special effects, lighting and a powerful, epic soundtrack designed to capture the essence of the Conan universe. The Conan video game joins a robust lineup of Conan products as the brand celebrates its 75th anniversary.

More information about the Conan video game can be found at http://www.conanthevideogame.com and http://www.thq.com.

About Paradox Entertainment AB

Paradox Entertainment AB owns, develops and licenses numerous character-based properties directly through its various subsidiaries. The company owns rights to the writings of pulp fiction author Robert E. Howard, including works featuring characters such as Conan(R), Kull(TM), Bran Mak Morn(TM), and Solomon Kane(TM). Paradox also owns the self-created property Mutant Chronicles(R). Industries exploiting the company property portfolio include film, TV, book, comics, videogame, Internet/mobile/wireless, toys, apparel, and more. The business is mainly conducted through the subsidiary Paradox Entertainment Inc., based in Los Angeles, USA. Paradox Entertainment AB is being traded on the NGM Equity list (PDXE, SE0000598054) in Sweden.

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 http://www.thq.com and http://www.thqwireless.com. THQ, THQ Wireless and their respective logos are trademarks and/or registered trademarks of THQ Inc.

CONAN, CONAN THE BARBARIAN and HYBORIA are trademarks or registered trademarks of Conan Properties International LLC. ROBERT E. HOWARD is a trademark or registered trademark of Robert E. Howard Properties Inc. Both companies are subsidiaries of Paradox Entertainment Inc. http://www.paradox-entertainment.com.

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", "PLAYSTATION", and "PS" Family logo are registered trademarks of Sony Computer Entertainment Inc.
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