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Phoenix Technologies Announces Agreement With a Fortune 100 PC OEM to Provide Phoenix FailSafe(TM) Theft Deterrence and Data Loss Protection for Notebooks

MILPITAS, Calif., Oct 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Phoenix Technologies Ltd. (Nasdaq: PTEC), the global leader in core systems software, today announced it has signed a definitive agreement with a top-tier PC OEM to provide the Phoenix FailSafe theft deterrence and data loss protection technology on this OEM's notebook computers. The growing list of PC companies to adopt Phoenix FailSafe illustrates momentum behind the industry's endorsement of Phoenix's new PC 3.0(TM) architecture.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO)

Woody Hobbs, President and CEO of Phoenix Technologies, said, "We continue to devote significant resources to ensure our PC OEM partners have the best-in-class solutions for their portable computing products so they can provide a secure and superior computing experience for mobile users. These new notebooks protected by Phoenix FailSafe will outshine other offerings available for consumers and SMBs."

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 159 technology patents and 136 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 customer's 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 customer; 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/

Copyright (C) 2008 PR Newswire. All rights reserved

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