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Sony sets holiday records

   Sony Computer Entertainment America announced today record sales for the 2002 holiday season. These numbers surpass its original estimates with total hardware sales volume reaching five million units. This was a 25 percent increase from last year, and more than four million PlayStation 2's were sold in North America during November and December 2002, which was a 42 percent growth from the same period last year. 

   "This holiday season truly tested the videogame industry, with many skeptics anxiously awaiting holiday results before predicting the growth of the industry in 2003," said David Cole, president, DFC Intelligence.  "The impressive volume of products Sony Computer Entertainment America sold this holiday season has quieted many of these doubts and restored market
confidence, proving that the videogame industry is poised for even stronger sales in 2003."

   Hot first party titles included SOCOM: U.S. Navy SEALs, which sold more than 700,000 copies in just four months, ATV Offroad Fury 2, Sly Cooper and the Thievius Raccoonus and Ratchet and Clank. Other popular titles were Madden NFL 2003 from EA Sports, Tony Hawk's Pro Skater 4 from Activision, and PlayStation 2 exclusives Grand Theft Auto: Vice City from Rockstar Games, WWE SmackDown! Shut Your Mouth from THQ and KINGDOM HEARTS from Square Electronic Arts.

   "We operate our business based on the fundamental belief that great games drive consumer purchase decisions.  As Sony Computer Entertainment America evaluates our eighth holiday selling season in tangible measures, we affirm yet again the value of our approach to our partners," said Jack Tretton, executive vice president, Sony Computer Entertainment America.  "In the new year we will raise the bar in interactive entertainment even higher as we delve into exciting new internal development and licensee opportunities to grow our platform businesses."



1/8/2003 Matt Stensrud

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