Official Statement from E3 TEAM

Few days ago, there was news posted on various websites that we had cloned JB2 (aka) 'True Blue' successfully.

We clarify we did not clone any other product, but we did find the ways on how to allow the newer games to work on CFW v3.55.

Our research has found 3 different ways to allow newer games to work on older firmwares!

A way:
No need of any new keys, but allows SOME new games to work on CFW v3.55 with a special bypass.
We think the USB device on market uses this system. (Maybe)
With this method, most games even v4.11 games can run on CFW v3.55 very easily.
But there has some games that can't work with this A way.
E3 TEAM knows this A way very well and can modify a newer v3.6+ game in 10 min.

B way:
Decrypt games with it's private key and encrypt with v3.55 key, so game can run on CFW v3.55 successfully.
For example, you need v3.65 key to decrypt v3.65 game. Need v4.11 key to decrypt v4.11 game.
E3 Team can successfully get all newer keys up to v4.11.
We are 100% sure we can get all keys to v4.20 or higher FW with same way, only it takes some more time.
This means, E3 TEAM can decrypt all newer games with this B way.
As a matter of a fact, we are planning a newer CFW (no more need to be stuck on v3.55) when we have completed our research.

C way:
Modify Blu-Ray firmware to allow newer games to run on older firmware.
But only a few of the newer games can work with this C way, so we stopped researching this method.

We are in the progress of developing a new USB device, to allow users to enjoy our work with economical cost. We will release further news and list of its features regarding this new product at a later date.

Finally, to thank all of users whom have supported us in the past with our previous products, like the E3 Card Reader and E3 Flasher, we have decided to release 2 game eboots for free for everyone to enjoy that work directly on any console running CFW v3.55 directly.

Remember our current product, The E3 Flasher is also very useful for Dual-Boot and to downgrade on older consoles, as for now we need to still stay on CFW v3.55.

PS: Unfortunately the latest Slim 3000x consoles can't work currently with downgrade or dual-boot methods mentioned above, as it is fully difference design compared to the older PS3 consoles, but have no fear we are still working hard on solving this puzzle.

Below is links to our proof video and eboots to show off our work. First we run Ninja Gaiden 3 using the A way and then second we run Splinter Cell Trilogy HD with B way, which no matter how hard you have tried the A way it will never run.

I believe that the team should release something that is intended for true jailbreakers you know the ones who accomplished this via a dongle on 3.41 not the leechers you know the fifty million kids that had a jailbreak thanks to the @#$hole Geohot who not only stole and release firmware but randomly dropped his class action lawsuit against sony just to save his own @#$. If this guy never released the security would be less strict and YOU (the team) would have a lot easier time bypassing or cracking sony security. Free to the public release only promotes more and harder work for devs. Just my opinion

Your opinion is wrong. First you are either stupid, completely ignorant or BOTH. GEOHOT never stole anything. Where the hell you get that idea from? And he wasn't suing SONY, SONY was SUING him! If the guy ever released anything REBUG would not be able to do jack SHIT. HE is the reason everyone has ANYTHING to begin with and your insulting him and dis-respecting him? The fact that he GAVE the info for developers to decrypt the firmware ALLOWED them to reverse it to UNDERSTAND it. DUE to that the homebrew scene boomed out to what it is NOW.

Why don't you get a brain cell and stop saying shit you know NOTHING about. There is a possibility that someone else could have come along and done this, but ppl like REBUG roup got lots orf research and help BASED on GEOHOT and other work. Those "others" as well got their work done because of geohots findings.

Please GET OFF this site if you are going to have THAT type of attitude. I would cuss you out but that just isn't worth my time.

Hope you learned something bro.

Peace..

Ok so your saying that i have no brain but in fact it is you my friend. First off Geohot was working with a group cant think of their name at the moment, but then when they were about to release it he stole the hard work and released it on his own. Second yes Geohot was part of a clas action lawsuit against Sony for the illegal removal of the other OS option that many people purchased the ps3 for, he stepped away from this just to save his @##. And third there was technology that allowed the ps3 to be jailbroke and run homebrew and all that other stuff to go along with a CFW so to speak. He did nothing but make Sony harder to crack. Sorry but i think you need to read a little more

Ok so your saying that i have no brain but in fact it is you my friend. First off Geohot was working with a group cant think of their name at the moment, but then when they were about to release it he stole the hard work and released it on his own. Second yes Geohot was part of a clas action lawsuit against Sony for the illegal removal of the other OS option that many people purchased the ps3 for, he stepped away from this just to save his @##. And third there was technology that allowed the ps3 to be jailbroke and run homebrew and all that other stuff to go along with a CFW so to speak. He did nothing but make Sony harder to crack. Sorry but i think you need to read a little more

Ok so your saying that i have no brain but in fact it is you my friend. First off Geohot was working with a group cant think of their name at the moment, but then when they were about to release it he stole the hard work and released it on his own. Second yes Geohot was part of a clas action lawsuit against Sony for the illegal removal of the other OS option that many people purchased the ps3 for, he stepped away from this just to save his @##. And third there was technology that allowed the ps3 to be jailbroke and run homebrew and all that other stuff to go along with a CFW so to speak. He did nothing but make Sony harder to crack. Sorry but i think you need to read a little more