They have very high praise for what Sony have done with PS4 and had this to say:
"We are delighted to be working on PlayStation 4. The hardware is everything we were hoping for in a next generation console, and a huge step forward from the current generation," said Geomerics founder Chris Doran.
He then added:
"Real-time global illumination was a big deal for games running on the current generation of hardware, but it required developers to make some compromises. With PlayStation 4, those days are behind us,"