Today, Conspiracy Entertainment announced that it has been approved as a publisher for the Sony PSP. The company already is considered a publisher with Sonyâ€™s other video game products, the Playstation and the Playstation 2.
“This announcement is evidence of our commitment to stay at the forefront of the gaming industry” said Keith Tanaka, CFO for Conspiracy Entertainment. “The initial launch of the Sony PSP was well received in Japan and there is no reason to believe that it won’t succeed just as well in North America”. Sony, touting the PSP as the “21st Century Walkman”, shipped over 800,000 units in Japan within the first five weeks following the product launch. The company announced that it will produce over 1,000,000 units for the North American launch, now scheduled for March 24th.
“PSP is not just a gaming device, it’s a complete entertainment center that fits in your coat pocket. You can play games, watch movies or listen to music. It also has support for wireless gaming. We look forward to providing PSP users with a great gaming experience.” commented David Hoffman, Executive Producer for Conspiracy Entertainment.
The portable gaming market is expected to be the battle-ground for the future of gaming. According to market research firm Jupiter Research, the number of portable game players sold in the U.S. will grow from 23 million in 2003 to 43 million in 2009. Revenues from portable gaming devices and the games themselves are expected to increase from $1.6 billion in 2003 to $2.7 billion in 2009.
No titles have been announced for the PSP via Conspiracy Entertainment but PSP Advanced will update as soon as more news comes to us.