At the Games Convention in Leipzig, Sony has officially announced the release of the third-generation PlayStation Portable (PSP-3000). The new PSP model will have a built-in mic, have a enhanced LCD screen what will increase the intensity and number of colours that can be displayed. According to David Reeves, the new PSP will launch in PAL territories on October 15th 2008, retailing for ?199 (approx. $292).