Lenovo and Samsung Agreements Signal Market Endorsement of Phoenix FailSafe
MILPITAS, Calif., Oct 14, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
Phoenix Technologies Ltd. (Nasdaq: PTEC), the global leader in core systems software, today announced it has signed definitive agreements with both Lenovo (Singapore) Pte. Ltd. and Samsung Electronics Co. Ltd. to provide the groundbreaking Phoenix FailSafe theft deterrence and data loss protection technology in Lenovo and Samsung notebooks. The agreements underscore growing market acceptance of Phoenix's new PC 3.0(TM) architecture with products that deliver to PC users new levels of security, performance and ease of use.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO)
Woody Hobbs, President and CEO of Phoenix Technologies, said, "Phoenix has been a long-standing partner to PC OEMs, leading innovation in the PC industry. We go to great lengths to ensure that portable
computing products are best-in-class and deliver a secure and superior computing experience
for mobile users. New notebooks secured by Phoenix FailSafe will truly shine in their offerings for consumers and SMBs."
"Mobile PC users with Phoenix FailSafe protection will have the most secure mobile computing experience characterized by encryption, data recovery, remote asset management, location tracking and device locking. Over the past few months, we have worked with processor, memory, disk and telecom partners to ensure that the Phoenix FailSafe platform is the most comprehensive offering available in the market today," continued Mr. Hobbs.
About Phoenix Technologies Ltd.
Phoenix Technologies Ltd. (Nasdaq: PTEC) is the global market leader in system firmware that provides the most secure foundation for today's computing environments. The PC industry's top system builders and specifiers trust Phoenix to pioneer open standards and deliver innovative solutions
that will help them differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products and services -- AwardCore, SecureCore, Embedded BIOS, FailSafe, HyperSpace, BeInSync and eSupport -- are revolutionizing the PC user experience by delivering unprecedented performance, security, reliability, continuity, and ease-of-use. The Company established industry leadership and created the PC clone industry with its original BIOS product in 1983. Phoenix has 155 technology patents and 139 pending applications, and has shipped in over one billion systems. Phoenix is headquartered in Milpitas, California with offices worldwide. For more information, visit http://www.phoenix.com
Phoenix, Phoenix Technologies, AwardCore, Phoenix SecureCore, Embedded BIOS, Phoenix FailSafe, HyperSpace, BeInSync,
eSupport and the Phoenix Technologies logo are
trademarks and/or registered trademarks of Phoenix Technologies Ltd.
Safe Harbor
The statements in this release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, but not limited to, our customers' deployment of our FailSafe technology and the experience of mobile PC users when using this technology. These statements involve risk and uncertainties, including: technical challenges and delays, including code bugs and glitches; end-user demand for products incorporating our technology and solutions; unexpected challenges relating to the relationship between Phoenix and our announced customers; our ability to attract and retain key personnel; product and price competition in our industry and the markets in which we operate; our ability to
successfully compete in new markets where we do not have significant prior experience; competing technology and offerings of competitors, including time to market and price competition; the ability of our customers to introduce and market new products that incorporate and leverage our technology; and our ability to protect our intellectual property rights. For a further list and description of risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements in this release, we refer you to the Company's filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements included in this release are based upon assumptions, forecasts and information available to the Company as of the date hereof, and the Company
assumes no obligation to update any such forward-looking statements.
Contact:
Phoenix Technologies Ltd.
Global Press Office
Tel : +1 408 570 1060
E-mail: public_relations@phoenix.com
SOURCE Phoenix Technologies Ltd.
http://www.phoenix.com/
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