Complex sentence: Ken Levine announced during Sony's 2011 E3 press conference that a Bioshock game would be developed for PlayStation Vita, stating that it will be an original project for the handheld system.
Split into simpler sentences: Ken Levine announced during Sony's 2011 E3 press conference that a Bioshock game would be developed for PlayStation Vita. Stating that it will be an original project for the handheld system.