CALABASAS, Calif. – October 8, 1999 – THQ Inc. (NASDAQ NMS: THQI) today announced that it has assembled a team of proven video game designers, programmers and artists for development of a new, multi-platform product series based on the cult-classic horror film "Evil Dead." The new team, Heavy Iron Studios, a division of THQ, Inc., is comprised of videogame industry veterans whose accolades include the top-selling, critically acclaimed "Parasite Eve." THQ’s expanding internal development group now includes GameFX, Pacific Coast Power & Light and Heavy Iron Studios.

Additionally, THQ announced a five-year, worldwide licensing agreement with Renaissance Pictures for the interactive rights to "Evil Dead." This exclusive agreement includes rights to publish games on all console platforms, PC’s and OEM opportunities.

"This expansion brings THQ’s internal development to over 100 people," stated Brian Farrell, president and CEO, THQ. "Finding top design, programming and artistic talent is one of the keys to fostering the continued growth of the company. The exceptional team at Heavy Iron Studios is creating truly engaging ‘Evil Dead’ PlayStation and PC adventures for release in fall 2000."

"An interactive adventure based on ‘Evil Dead’ is long overdue," stated Bruce Campbell, star of the "Evil Dead" trilogy. "Today’s game technology will give millions of fans their first chance to experience the sometimes horrific but often times humorous adventures of ‘Ash’ and the Necronomicon."

Heavy Iron Studios is an ensemble of hit video game and feature film veterans based in Los Angeles, California. The team’s principals include General Manager Stephen Gray and Director of Technology Marcel Samek. Heavy Iron’s first project for THQ is "Evil Dead: Ashes 2 Ashes" for PC and PlayStation. Team history includes programming, art and design on the critically acclaimed, top-selling PlayStation hit, Parasite Eve as well as work on several feature films including True Lies, Apollo 13 and Titanic.

 About "Evil Dead: Ashes 2 Ashes"

Developed with the complete support of "Evil Dead" creators Sam Raimi, Robert Tapert and star Bruce Campbell, "Evil Dead: Ashes 2 Ashes" is a single-player, real-time 3D adventure game with full motion, layered, 2D backgrounds. In "Evil Dead: Ashes 2 Ashes," players will assume the role of Ash – the square-jawed, shotgun-toting, chainsaw-armed hero from the "Evil Dead" trilogy – in a new story that continues the ongoing saga of the Necronomicon ex Mortis, also known as the ‘Book of the Dead.’

"Evil Dead: Ashes 2 Ashes" continued:

Taking place eight years after the last installment of the "Evil Dead" trilogy, Ash returns to the infamous cabin in the woods. There, he is again faced with the challenge of battling "deadites" and evil forces that have crossed over to our world because of the Necronomicon. The game also includes several new and exciting environments to the "Evil Dead" universe that serve to expand its existing history. These environments offer a wide variety of gameplay, settings, puzzles and enemies.

Renaissance Pictures was formed in 1979 by Sam Raimi, Robert Tapert and Bruce Campbell. Sam Raimi’s directorial highlights include 1998 Academy Award nominee "A Simple Plan" and the current hit "For Love of the Game," starring Kevin Costner. Renaissance Pictures also produces the popular Hercules and Xena television shows as well as the upcoming "Jack of All Trades" starring Campbell.

THQ Inc. develops, publishes and distributes interactive entertainment software worldwide for a variety of hardware platforms including PC CD-ROM, and those manufactured by Sega, Nintendo and Sony. The THQ Web site is located at http://www.thq.com/.

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The statements contained in this release, which are not historical facts, may be deemed to constitute forward-looking statements. Actual results may differ materially from those projected in such statements due to a number of risks and uncertainties, including, without limitation, demand and competition for the Company’s products, and other risks and uncertainties detailed in the Company’s filings with the Securities and Exchange Commission.