Sony Pictures Home Entertainment To Release Initial Slate of Titles for PSP™ - (PlayStation® Portable) on April 19. PSP™ Sets A New Standard for Entertainment-On-The-Go Sony Pictures Home Entertainment (SPHE) will release four new titles on the Universal Media Disc (UMD™) video format that plays on the new PSP - (PlayStation® Portable) handheld entertainment system for the North American market. The announcement was made by Benjamin S. Feingold, President of SPHE. The slate of action-packed titles includes XXX, Hellboy, Resident Evil 2 and Once Upon A Time in Mexico. These four titles will be released on April 19 with additional titles to be released monthly thereafter. SPHE will also release UMD™ videos for PSP™ in Japan starting in April with Europe to follow. PSP™ sets a new standard as the first truly integrated portable entertainment system designed to provide consumers with a comprehensive entertainment experience and to support multiple lifestyle applications, including games, music, movies, communication, and wireless networking. The UMD™ is a newly developed compact, high capacity optical format that can store up to 1.8 GB of digital data on a 60mm disc - or an entire feature film on a single UMD™ video. "Sony Pictures Home Entertainment is proud to play a pioneering role in the introduction of this revolutionary new concept," said Mr. Feingold. "As the first fully integrated portable entertainment system, PSP™ will offer consumers an exciting new movie experience. We look forward to making movies on PSP™ a success with retailers throughout the world." Movies on UMD™ will be produced in 16:9 widescreen aspect ratio and encoded using advanced AVC compression, which provides the type of picture quality consumers have come to expect from SPHE DVDs. For added protection, a lightweight disc sleeve is also utilized, along with advanced encryption technology for content security. About PSP™ (PlayStation® Portable) PSP™ (PlayStation® Portable) is a new portable entertainment system from Sony Computer Entertainment that allows users to enjoy 3D games, high-quality full-motion video, and high-fidelity stereo audio. With graphics rendering capability comparable to that of PlayStation®2, PSP features a 4.3 inch widescreen, high-resolution TFT display. PSP also adopts a newly developed compact but high-capacity (1.8GB) optical disc, Universal Media Disc (UMD™), as its storage medium. With a wide range of accessories and connectivity options, including Memory Stick Duo, USB 2.0, IR port and WiFi wireless LAN, PSP™ is the new entertainment platform from PlayStation. For more information on PSP™, visit Sony Computer Entertainment America on the Web at www.us.playstation.com.