The rumors can end; system software update 2.50 for PlayStation 4 has been officially announced.

Code-named "Yukimura," update 2.50 will be ready tomorrow, March 26, and it will deliver "highly anticipated and requested features to the system." This includes the oft-rumored Suspend/Resume feature, along with other fantastic additions.

Said Vice President of Platforms Marketing John Koller:

"With more than 20 million PlayStation 4 systems worldwide, PlayStation gamers are the foundation for our success. We are constantly listening to feedback from our growing community regarding improvements to make their PlayStation experience even better. We continue to focus on making PS4 the best place to play with friends. That's why we're delivering features like Facebook Friend Finder, Suspend/Resume to get into gaming quicker, a more streamlined Party and friending process, and new ways for users to see what their friends are playing so they can immediately get in and game together."

Here's the list of improvements, courtesy of the press release:

Jump Back Into Games Faster with Suspend/Resume

Suspend/Resume, which will be supported by nearly all PS4 titles, will allow PS4 owners to spend less time waiting for games to load and more time playing. Gamers will be able to suspend their game by putting their PS4 system into Rest Mode, and then quickly resume the game where they left off by pressing the PlayStation button on the DUALSHOCK 4 wireless controller, which wakes their system.

Back-Up and Restore Hard Disc Drive to External USB Drive

"Yukimura" allows PS4 owners to back-up and restore the hard disc to and from an external USB drive. Hard disc drive data includes settings, saved data, screenshots and video clips as well as games, patches and download data.

Find and Connect with Friends

PS4 owners will now be able to search for Facebook friends with their linked account. Friend requests and Real Name requests can be sent together in one step when adding a friend on the PS4 system. The update will allow users to easily view what their friends are playing by adding a "Friends Who Play This" section on each game detail page, while also highlighting which friends are currently online and playing it. The process to create a Party has also been streamlined with a reduction in the number of steps required. Additionally, the What's New section will now feature a section where users can see what their friends are currently playing enabling them to join in the game if they own it or find out more on PlayStation®Store.

Share Your Earned Trophies and Trophy List Enhancements

PS4 owners have been sharing their most impressive gaming moments since the launch of the system, and with "Yukimura," a screenshot will automatically be captured when a Trophy is earned, making it easy for users to share their favorite gaming moments with their friends. The update will also make it easy for players to share Trophy information to Facebook, Twitter or via Message by pressing the SHARE button. Additionally, users will now be able to sort their Trophy list by "Earned Date," "Not Earned," and "Grade," as well as the option to remove games from the Trophy list that have zero percent completion.

Improved and Expanded Accessibility Options

"Yukimura" introduces new options to customize the user experience with the PS4 system, making it easier for gamers with impaired vision and limited manual dexterity to play. Customized button assignments for DUALSHOCK 4 and a zoom feature for displayed pictures and inverted colors will be available for all system functions, apps and games. Text-to-speech and enlarged text will be available across the graphical user interface, including Message and Party, and enlarged text will also be enabled for use in the system's browser. Bolder fonts and higher contrast UI will be available for all system applications but will not apply to games or third-party applications.

And believe it or not, that's not all. Update 2.50 also delivers the ability to stream games via Remote Play and Share Play in blistering 60 frames per second, auto installation of system software updates, sub-account upgrade (those 18 years old and up can upgrade to a master account, removing restrictions on chat and enabling the ability to add funds to the PSN Wallet, purchase content, etc.), the ability to upload video clips to Dailymotion.com, and verified accounts (industry professionals will appear with a badge).

Yup, the PS4 just got a whole lot better.