MGM to Release Titles on UMD (Universal Media Disc™) Video Format for PSP™ (Playstation Portable). Beauty Shop, Be Cool, Stargate: Atlantis and Bullet Proof Monk set for September 13. Sony Pictures Home Entertainment (SPHE) has announced its first slate of MGM titles on the UMD™ (Universal Media Disc) video format which plays on the new PSP™ (Playstation Portable) handheld entertainment system. The four titles will street in North America on September 13 with additional titles to be released monthly thereafter. The announcement was made by Benjamin S. Feingold, President of SPHE. Among the UMD titles will be Beauty Shop (slp: $28.95) starring Queen Latifah and Be Cool (slp: $28.95) starring John Travolta. Rounding out the slate are Stargate: Atlantis (slp: $28.95) and Bulletproof Monk ($19.95) In making the announcement, Mr. Feingold noted that "As the first fully integrated handheld entertainment system developed and successfully introduced to the consumer electronic market, the PSP provides a revolutionary movie viewing experience. For this reason, SPHE is pleased that MGM has joined a growing list of major studios and independent film companies who have chosen to make their films available on the UMD video format for PSP. The growing library of UMD titles available to consumers is a strong indication that PSP is poised to continue its success through the 4th quarter." Added Blake Thomas, MGM's Executive Vice President of Home Entertainment Distribution, "Making the MGM titles available on UMD not only provides a new distribution stream for our product, but also makes our films available on a technology which is creating incredible excitement among consumers around the world. We welcome this opportunity to help pioneer the concept of movies-on-the-go and to be an active partner in the growth of this handheld entertainment option." "The strong sales of PSPs and UMDs has been amazing and represents the growing consumer interest in new personal entertainment devices," added Marshall Forster, SPHE's Executive Vice President of North America. "The addition of MGM movies to the growing catalogue of UMD titles is sure to make the technology even more attractive to consumers." PSP is a next generation platform which has been designed to support multiple lifestyle applications, including videos, games, music, communications and wireless networking. The UMD™ is a newly developed compact, high capacity optical format which can store up to 1.8 GB of digital data on a 60mm disc - or an entire feature film on a single UMD™ video. UMD™ Movies 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.