First World Wrestling Federation Licensed Title for the Xbox Now Available

CALABASAS HILLS, Calif. - February 12, 2002 - THQ Inc. (NASDAQ NMS: THQI) and JAKKS Pacific, Inc. (NASDAQ NMS: JAKK) today announced the North America release of their newest World Wrestling Federation® (NYSE: WWF) licensed video game, WWF Raw™ now exclusively for the Xbox™ video game system from Microsoft. WWF Raw marks the 10th THQ/JAKKS Pacific World Wrestling Federation video game release; a franchise that now boasts sales in excess of $250 million* at retail nationwide.

WWF Raw has received high praise from both the videogame community and the mainstream press:

“It’s the most beautiful wrestling game to date, from a company that knows what the fans really want.” - IGNXbox

“The graphical work in WWF Raw is beyond words … you have to play this game, it brings the World Wrestling Federation to life. This game will change the way we look at wrestling games.” - WWFWrestlinggames.com

“The unprecedented power of Microsoft’s new machine helps bring WWF celebrities alive in realistic detail…” - Gannett News Service

"Bringing an exclusively licensed World Wrestling Federation title to Xbox is a continuing example of our commitment to delivering exciting and unique games to new platforms," stated Michael Rubinelli, vice president, product development, THQ. “WWF Raw utilizes all of the technology of the Xbox by bringing realistically depicted models, authentic signature moves and smooth character animations to one of the most powerful gaming systems available.”

“Fans of the World Wrestling Federation have been awaiting the arrival of a title just for the Xbox,” stated Nelo Lucich, director of interactive, JAKKS Pacific. “We are confident that WWF Raw will live up to all of the anticipation and expectations set by the fans and begin a new tradition of excellence for World Wrestling Federation games on Microsoft’s next generation console.”

Released: February 12, 2002