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JACK TRETTON TO STEP DOWN AS PRESIDENT AND CEO OF SONY COMPUTER ENTERTAINMENT AMERICA

03/07/2014

Tokyo, March 7, 2014 - Sony Computer Entertainment Inc. today announced that Jack Tretton will step down from his role as President and CEO of Sony Computer Entertainment America (SCEA) as of March 31, 2014. This is a result of a mutual agreement between Mr. Tretton and SCEA not to renew their contractual relationship.

Shawn Layden, currently Executive Vice President and COO of Sony Network Entertainment International, will become President and CEO of SCEA, effective April 1, 2014.

Mr. Tretton has been with SCEA since its inception in 1995. As one of the founding members of the executive team, Tretton played a pivotal role in launching all PlayStation platforms in North America, including the original PlayStation , PlayStation 2, PSP (PlayStation Portable), PlayStation 3, PlayStation Network, and PlayStation Vita. Most recently, Tretton led the record-breaking launch of PlayStation 4 (PS4 ), which sold more than one million units in 24 hours in North America and is now the #1 next generation gaming console in North America and worldwide. During his tenure, Tretton was also responsible for achieving several industry milestones, including surpassing 50 million units sold of PlayStation 2 in North America, and aggressively growing the PlayStation business in Canada and Latin America.

Working at SCEA for the past 19 years has been the most rewarding experience of my career, said Tretton. Although I will deeply miss the talented team at SCEA and the passion demonstrated every day by our fans, Im very excited about starting the next chapter of my career. I want to thank the employees, partners and customers for their tireless commitment to the PlayStation brand and, of course, to our fans who have pushed us to new heights of innovation and entertainment over the past two decades. I leave PlayStation in a position of considerable strength and the future will only get brighter for PlayStation Nation.

A 15-year PlayStation veteran, Layden was one of the founding members of SNEI in 2010, joining the company directly from Sony Computer Entertainment, where he most recently held the position of President, Sony Computer Entertainment Japan. His career at Sony Computer Entertainment also included eight years at SCE Worldwide Studios in London where he directed international software development.

Its an honor and privilege to join Sony Computer Entertainment America and be a part of the team that is leading the next generation of gaming and entertainment, said Layden. SCEA is committed to delivering breakthrough gaming experiences that inspire fans and exceed their wildest expectations. As PS4 shows us every day, there has never been a better time to be part of the PlayStation community and I look forward to working with our retail, development, publishing and network partners to further demonstrate why PlayStation is the best place to play.

Ive worked with Jack for nearly two decades and I want to personally thank him for his leadership and the considerable contributions hes made to the SCEA business and PlayStation brand over the years. I wish him nothing but the best in his future endeavors, said Andrew House, President and Group CEO, Sony Computer Entertainment. I also want to welcome Shawn to the Sony Computer Entertainment America team. I have the utmost confidence in Shawns leadership capabilities, and his deep knowledge of the gaming industry and commitment to gamers, will help keep PlayStation at the forefront of entertainment and innovative gameplay.

About Sony Computer Entertainment Inc. Recognized as a global leader and company responsible for the progression of consumer-based computer entertainment, Sony Computer Entertainment Inc. (SCEI) manufactures, distributes, develops and markets the PSP (PlayStation Portable) handheld entertainment system, the PlayStation 3 (PS3 ) computer entertainment system, the PlayStation Vita (PS Vita) portable entertainment system and the PlayStation 4 computer entertainment system. SCEI has revolutionized home entertainment since it launched PlayStation in 1994. PlayStation 2 further enhanced the PlayStation legacy as the core of home networked entertainment. PSP broadens the entertainment experiences into the portable arena. PS3 is a computer entertainment system that incorporates the powerful Cell Broadband Engine and RSX processors. PS Vita is an ultimate portable entertainment system that offers a revolutionary combination of rich gaming and social connectivity. PlayStation 4 redefines rich and immersive gameplay with powerful graphics and speed, intelligent personalization and deeply integrated social capabilities. PSNSM, that includes PlayStation Store, delivers unparalleled online gaming experience to PlayStation users. SCEI also delivers the PlayStation experience to open operating systems through PlayStation Mobile, a cross device platform. Headquartered in Tokyo, Japan, SCEI, along with its affiliated companies, Sony Computer Entertainment America LLC and Sony Computer Entertainment Europe Ltd., and its division company, Sony Computer Entertainment Japan Asia, develops, publishes, markets and distributes hardware and software, and manages the third party licensing programs for these platforms in their respective markets worldwide.

PlayStation and PSP are registered trademarks, PS4 is a trademark of Sony Computer Entertainment Inc.
LINK: http://www.scei.co.jp/corporate/release/140307_e.html...
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