THQ 2005 Annual Report Download - page 33

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10
in marketing. Competition in the video games segment is also based on product quality and features,
timing of product releases, brand-name recognition, access to distribution channels, effectiveness of
marketing and price.
We compete both for licenses to properties and the sale of interactive entertainment software with Sony,
Microsoft and Nintendo, each of which is a large developer and marketer of software for its own platforms.
Each of these competitors has the financial resources to withstand significant price competition and to
implement extensive advertising campaigns, particularly for prime-time television spots. In addition to the
manufacturers, our competitors include publishers and developers of interactive entertainment software,
such as Activision, Atari, Electronic Arts, LucasArts, Namco, Sega, Take-Two Interactive Software,
Ubisoft, and Vivendi Universal Games.
In addition, large media companies are increasing their focus in the interactive entertainment software
market and, as a result, stand to become more direct competitors. Disney recently expanded its software
game publishing efforts with the acquisition of a developer, as well as the establishment of an internal
development studio. Viacom has also announced its intent to expand its efforts in interactive
entertainment software publishing.
Employees
As of March 31, 2005, we employed approximately 1,300 people, of whom over 400 were outside the
United States. We believe that our ability to attract and retain qualified employees is a critical factor in the
successful development of our products and that our future success will depend, in large measure, on our
ability to continue to attract and retain qualified employees. None of our employees are represented by a
labor union or covered by a collective bargaining agreement and we consider our relations with employees
to be favorable.
Financial InformationAbout GeographicAreas
See Item 7 “Management Discussion and Analysis of Financial Condition and Results of Operations” and
Note 17 of notes to consolidated financial statements included in Item 8.
Available Information
We file annual, quarterly and current reports, proxy statements and other information with the Securities
and Exchange Commission (“SEC”). Our SEC filings,including our annual report on Form 10-K,
quarterly reports on Form 10-Q, current reports on Form 8-K, and any amendments to those reports filed
or furnished pursuant to Section 13(a) of the Exchange Act are available to the public free of charge over
the Internet at our website at http://www.thq.com or at the SEC’s web site at http://www.sec.gov. Our SEC
filings will be available on our website as soon as reasonably practicable after we have electronically filed
or furnished them to the SEC. Information contained on our website is not incorporated by reference into
this annual report on Form10-K. You can view our Code of Business Conduct and Ethics and our Code of
Ethics for Executive Officers and Other Senior Financial Officers free of charge on the corporate
governance section of our website. If we make any substantive amendments to our Code of Ethics for
Executive Officers and Other Senior Financial Officers or if any waivers of such code are granted, we will
post them on our web site.