Bud Howey Named Senior Vice President, Information Technology, for Sony Corporation of America

PRNewswire-FirstCall
NEW YORK
08/19/2002

Bud Howey has been named Senior Vice President, Information Technology, Sony Corporation of America (SCA), it was announced today by Rob Wiesenthal, Executive Vice President and CFO, SCA.

In his new role, Mr. Howey will be responsible for all SCA-wide IT infrastructures and shared services and will report to Mr. Wiesenthal. He will manage the operation of all SCA data centers, lead a coordinated IT strategic sourcing and vendor management program, and develop a network master plan including engineering and operations. He will continue to assist with all elements of the Project USA restructuring, working closely with all of Sony's U.S. business units.

"Bud's IT and business expertise will become increasingly important as Sony moves forward with its future business strategies and Project USA efforts," said Howard Stringer, Chairman and Chief Executive Officer, SCA.

"We expect Bud to make a significant contribution to the expansion of our shared services efforts by improving the operating efficiency of all Sony Corporation of America divisions. These efforts will not only enable meaningful savings over time, but will enhance the quality of these services," commented Mr. Wiesenthal.

Mr. Howey will manage a team of strategic sourcing, network strategy and operations professionals, including Steve Charatz, Vice President of the Briarcliff Shared Service for SCA.

From 1992 until 2002, Bud served as Senior Vice President, Chief Information Officer for Sony Music Entertainment Inc. Prior to joining Sony Music, Bud was a consulting partner with Price Waterhouse. He received his BS from the University of Pennsylvania's Wharton School, and his MBA from Vanderbilt University.

About Sony Corporation of America

Sony Corporation of America, based in New York City, is the U.S. subsidiary of Sony Corporation, headquartered in Tokyo. Sony is a leading manufacturer of audio, video, communications and information technology products for the consumer and professional markets. Its music, motion picture, television, computer entertainment, and online businesses make Sony one of the most comprehensive entertainment companies in the world. Sony's principal U.S. businesses include Sony Electronics Inc., Sony Pictures Entertainment, Sony Music Entertainment Inc., and Sony Computer Entertainment America Inc. Sony recorded consolidated annual sales of over $56.9 billion for the fiscal year ended March 31, 2002, and it employs 168,000 people worldwide. Sony Corporation of America recorded over $18.5 billion in sales in the U.S. for the fiscal year ended March 31, 2002. Sony Corporation of America's homepage is: http://www.sony.com/SCA/index.html

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SOURCE: Sony Corporation of America

CONTACT: Howard Polskin of Sony Corporation of America, +1-212-833-6975,
howard_polskin@sonyusa.com

Web site: http://www.sony.com/SCA/index.html