'WWF No Mercy' for Nintendo 64 and Game Boy Color Unveiled at Electronic Entertainmant Expo -- E3Expo.

Business Editors & High-Tech Industry Writers

E3Expo 2000

LOS ANGELES--(BUSINESS WIRE)--May 12, 2000

THQ Inc. (Nasdaq:THQI) and JAKKS Pacific (Nasdaq:JAKK) today announced their new World Wrestling Federation(R) (Nasdaq:WWFE) licensed video game release, "WWF No Mercy(TM)," developed by AKI Corporation for Nintendo 64 and Game Boy Color  game consoles.

The announcement coincides with the naming of their "WWF Wrestlemania 2000(TM)" game as a finalist for "Best Console Fighting Game of the Year" from the Academy of Interactive Arts and Sciences (AIAS). If named the winner May 11 at the Electronics Entertainment Expo, it will be a "three-peat" for AKI/THQ team series, which has already won the honor for two consecutive years. Both the Nintendo 64 and Game Boy Color versions of "WWF No Mercy" are scheduled to ship in fall 2000.

With more than 65 WWF Superstars to choose from, enhanced graphics, plus all-new gameplay modes including the high-flying, hair-raising Ladder Match(TM) and hard-hitting Tag Team Match modes, "WWF No Mercy" players will enjoy even more of what makes WWF bedlam so popular. The Create-A-Superstar feature is back and more robust than ever, allowing players to design characters in unprecedented detail, from physical size and appearance, to personality, attitude, and of course signature moves.

"WWF No Mercy" also takes advantage of the Nintendo 64 Transfer Pak, so Game Boy Color players can wreak havoc and earn points on the go, then transfer the data to their Nintendo 64 system and continue the pandemonium.

"After the overwhelming success of 'WWF WrestleMania 2000,' resulting in sales in excess of 1 million units in less than two months, we are certainly prepared for 'WWF No Mercy' to meet very positive customer response," said Alison Locke, senior vice president of sales and marketing for THQ.

"Following the momentum generated with 'WWF Wrestlemania 2000,' we believe 'WWF No Mercy' will be another award-winning game, delighting fans and further elevating the entire WWF franchise," said Jennifer Richmond, vice president of marketing, JAKKS Pacific Inc.

"All along, THQ and JAKKS have proven their ability to create the WWF environment on the top gaming platforms with incredible authenticity," said Jim Byrne, senior vice president of marketing, WWFE. "'WWF No Mercy' is the latest creation from this successful partnership, and we feel that WWF fans and gamers can look forward to another great product."

JAKKS Pacific is a multi-brand toy company that designs, develops, produces and markets toys and related products, including (1) action figures and accessories featuring licensed characters, principally from the World Wrestling Federation(R), (2) Flying Colors(R) molded plastic activity sets, clay compound playsets and lunch boxes, (3) Road Champs(R) die-cast collectible and toy vehicles and Remco(R) toy vehicles and role-playing toys and accessories, (4) Child Guidance(R) infant and pre-school electronic toys, toy foam puzzle mats and blocks, activity sets and outdoor products and (5) fashion and mini dolls and related accessories.

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 www.thq.com.

The statements contained in this release that 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, and as more specifically set forth in the company's report on form 8-K, filed on March 21, 2000.