Buena Vista Home Entertainment Announces the Release of Five Movie Titles to Sony's PSP - PlayStation Portable

Business Wire, March 15, 2005

BURBANK, Calif. -- Buena Vista Home Entertainment (BVHE) plans to release five titles beginning this spring on the Universal Media Disc (UMD(TM)) video format that plays on the new PSP(TM) (PlayStation(R) Portable) handheld entertainment system, it was announced today by Bob Chapek, President of BVHE. BVHE will release NATIONAL TREASURE, PIRATES OF THE CARIBBEAN: THE CURSE OF THE BLACK PEARL, REIGN OF FIRE, KILL BILL VOL. 1(a) and HERO(a) in the United States and Canada. Other titles to be made available will be announced throughout the year.

"Buena Vista Home Entertainment is excited to move forward with our movies on this format. With its crisp picture, ease of use and quick response mechanisms, the PSP(TM) is poised to revolutionize portable entertainment systems throughout the world," said Chapek. "We are confident that the five titles we announced today appeal to the new PSP(TM) consumer."

PSP(TM) 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(TM) 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(TM) video. Movies on UMD(TM) 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 BVHE DVDs. For added protection, a lightweight disc sleeve is also utilized, along with advanced encryption technology for content security.

About Buena Vista Home Entertainment

Buena Vista Home Entertainment, Inc., a recognized leader in the home entertainment industry, is the marketing, sales and distribution company for Walt Disney, Touchstone, Hollywood Pictures, Miramax, Dimension and Buena Vista videocassette and DVD product. Buena Vista Home Entertainment, Inc. is a subsidiary of The Walt Disney Company.

About PSP(TM) (PlayStation(R) Portable)

PSP(TM) (PlayStation(R) 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(R)2, PSP(TM) features a 4.3 inch widescreen, high-resolution TFT display. PSP(TM) also adopts a newly developed compact but high-capacity (1.8GB) optical disc, Universal Media Disc (UMD(TM)), 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(TM) is the new entertainment platform from PlayStation.

(a) denotes titles released in the U.S. only.