Conspiracy Entertainment (CPYE.OB) today announced that it has received its Playstation 2 Licensed Publisher Agreement from Sony Entertainment Europe.

The agreement will allow its newly founded European subsidiary Conspiracy Entertainment Europe to publish its titles on the Playstation 2 platform. Combined with its existing Xbox publishing agreement the company is now capable of publishing for both Microsoft and Sony.

"We are very happy to become publishers for Playstation 2 in Europe. Without the Licensed Publisher Agreement we would not be able to publish any titles on the Playstation 2 platform, so this is a really big accomplishment for us" remarked Conspiracy Entertainment Europe CEO Michael Hayward.

"We have been working very hard to set up one of the strongest European Distribution Networks, and I am delighted that we are now in a position to begin shipping our excellent PS2 product lineup in time for the busy Christmas period which coincidently is when 80% of our annual revenues will be generated", said Howard Newmark, Conspiracy Entertainment Europe's VP, Publishing.

About Conspiracy Entertainment Corporation

Based in Santa Monica, CA, Conspiracy Entertainment Corporation is a developer, publisher and marketer of entertainment software in North America and Western Europe. The company develops and licenses properties from several sources, including global entertainment and media companies, and publishes software for DVD media, wireless devices, personal computers and videogame consoles including those manufactured by Nintendo, Sony Computer Entertainment, and Microsoft Corporation. For more information, please visit our website at www.conspiracygames.com.