Rockstar Games indicated via press release that they will be releasing two titles for the Sony PlayStation Portable (PSP). The two titles, Midnight Club 3: DUB Edition and Grand Theft Auto, will be released at about the same time the PSP will launch.

Here’s a clipping taken from the press release:

“Bringing two of our most successful game franchises to this thrilling new platform not only gives us an opportunity to create a new dimension for these already extraordinary series but also allows us to begin to explore the full potential of the PSP handheld system,” said Sam Houser, President of Rockstar Games. “Sony’s extremely impressive technology has allowed Rockstar Leeds to do more on a handheld machine than we could have ever imagined. We are very excited for gamers to experience these two genre-defining franchises in a fashion that could have never before been possible on a portable system.”

Midnight Club 3: DUB Edition and the new Grand Theft Auto title, which will be set in Liberty City, are being developed by Rockstar Leeds in conjunction with Rockstar San Diego and Rockstar North, respectively.

The new Grand Theft Auto will be the killer app which will more than likely help the hand-held’s launch sales. It will be interesting to see how the game will be portrayed on the hand-held.