PSONE LAUNCHES
September 19, 2000

Sony Computer Entertainment America announced the release of its newly-designed, compact version of the PlayStation, branded PS one. PS one is at more than 20,000 stores today for a suggested retail price of $99.

Incorporating the same functionalities and technology of the original PlayStation, PS one is approximately one-third the size of the PSX. The introduction of this new model will replace the original PlayStation design and include a DualShock analog controller.

"Historically, no videogame system has achieved in sales what Sony Computer Entertainment has accomplished with the PlayStation game console," said Edward Williams, industry analyst with Gerard Klauer Mattison & Co., Inc. "Robust PlayStation sales have continuously demonstrated the company's ability to drive consumer demand and grow the overall market for game consoles and computer entertainment."

"On the heels of the PlayStation 2 launch in March, Sony Computer Entertainment has already confirmed shipments of more than a quarter million PS ones in Japan since its launch on July 7th, which is almost the same as the first month's shipment of PlayStation units when the game console originally launched five years ago," said Jack Tretton, senior vice president, Sony Computer Entertainment America Inc. "Additionally, PS one is the second best-selling system in Japan, just behind PlayStation 2, confirming that this new product continues to expand the PlayStation business overall by representing a new lifestyle choice for many new consumers."

PS one supports the existing PlayStation software catalog of more than 800 titles currently on the market, and the more than 150 additional titles currently under development to be released by year-end.

"With its portability and affordable price, the PS one will satisfy the strong demand retailers continue to experience for the PlayStation business, without cannibalizing future purchasers of the PlayStation 2," noted Tretton. "With the introduction of PS one, we are confident that we will be the first and only company in the marketplace to maintain and manage two successful platforms."

Next srping, a specially designed 4 inch color TFT LCD monitor will be released for the PS one. Specifics on exact release date and pricing are not available at this point.