THQ announced changes to its product release schedule. The company's action-adventure title, "Sphinx and the Cursed Mummy," for the PlayStation 2 computer entertainment system is now expected to ship in North America on November 10, 2003. The title had previously been scheduled to launch in late September. The company also announced plans to publish Sphinx for the Xbox video game system from Microsoft in North America concurrent with the November PlayStation 2 and GameCube launch.
In addition, Warhammer 40,000: Firewarrior, the first online first person shooter for PlayStation 2, will be released on schedule in Europe during the September quarter. However, the PlayStation 2 version is now expected to ship in North America during the third fiscal quarter. The PC versions are also now scheduled to ship in North America and Europe during the third fiscal quarter.
We are committed to publishing quality titles that offer a compelling game experience, said Brian J. Farrell, THQ's president and CEO. We view Sphinx and Warhammer as important new products and we believe the extra time is critical to ensuring the best possible product quality. In addition, we expect the concurrent launch of Sphinx on three consoles to maximize the title's potential. While the revised ship dates for Sphinx and Warhammer do not change our guidance for the 2004 fiscal year, they will result in moving revenues and earnings from the September quarter to the December quarter.
