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Technology Stocks : THQ,Inc. (THQI)

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To: Dave who wrote (9392)1/22/1999 10:22:00 AM
From: Andrew C.R. Biddle  Read Replies (1) of 14266
 
I thought the THQI & JAKK deal with Titan had the WWF right's to internet games.

What's with this:

>>Thursday January 21, 6:03 pm Eastern Time

Company Press Release

Genetic Anomalies Signs Exclusive
Deal With World Wrestling
Federation To Create Online
Collectible Game

CAMBRIDGE, Mass--(BUSINESS WIRE)--Jan. 21, 1999--Genetic Anomalies®, Inc.
(http://www.GeneticAnomalies.com) creator of Collectible Bits(tm), the Internet's first virtual
property commerce technology, and developer of the Internet's #1 strategy card game, Chron X(tm),
announced today that it has acquired exclusive rights from Titan Sports, Inc.®, parent company of
the World Wrestling Federation®, to develop a WWF collectible strategy game. The as-yet-untitled
game is currently in development and is expected to be released in late 1999.

''We are thrilled to be working with Titan Sports and the Superstars of the WWF,'' said Shawn
Broderick, President of Genetic Anomalies. ''Over their 50-year history, Titan Sports has crafted the
WWF into one of the most exciting forms of entertainment in the world. We look forward to working
with them to translate that excitement to the interactive online realm.''

The Genetic Anomalies WWF title will enable users to live vicariously through their favorite WWF
Superstars. It will also allow users to create and manage their own unique Superstars. In
head-to-head and multi-player matches, fans will have the opportunity to direct the moves and
counter-moves of their online Superstars in a quest to achieve the ultimate goal - the online WWF
championship.

''This is a tremendous step in the evolution of the World Wrestling Federation,'' said Shane
McMahon, President of New Media at Titan Sports. ''Working with Genetic Anomalies will extend
the WWF's global presence in an entirely new and exciting interactive medium.''

Genetic Anomalies, Inc. (http://www.GeneticAnomalies.com) is a privately owned Internet
Entertainment Studio located in Cambridge, Massachusetts. Genetic Anomalies is a pioneer in online
gaming, bringing novel Internet technologies and innovative product designs into the emerging Internet
entertainment marketplace. Genetic Anomalies' Collectible Bits(tm) technology is the Internet's first
implementation of virtual property commerce, providing for the secure buying, selling, and trading of
virtual property online.

Titan Sports, located in Stamford, Connecticut, is a privately held company founded in 1982 that
does business as the World Wrestling Federation. As the leader in sports-based entertainment,
Titan's business is structured around television programming in 120 countries (cable and syndication),
live events, pay-per-view, print and on-line publishing, home video, merchandising and licensing on a
worldwide basis. Titan's impact on popular culture is pronounced: The WWF 2 hour prime time
show Raw/WarZone is the number #1 rated show on the #1 rated cable channel, USA Network.
Over half of the top 60 pay-per-view events of all time have been produced by Titan. Specifically,
these programs were seen by over 100 million people and represent over $350 million in subscriber
purchases. The wwf.com site is one of the most popular on the World Wide Web receiving over a
million page views per day and is consistently at the top of AOL's most frequently visited sites.
Titan's live events hold several world records for paid attendance and recently, the home video
business has placed 4 WWF titles in the top 30 of all videos sold in the US. <<

Andrew
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