Sony and Connectix Announce Agreement
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Sony and Connectix Announce Agreement

Sony Computer Entertainment and Connectix Corporation
Announce Joint Technology Agreement

March 14, 2001 (Foster City, CA) -- Sony Computer Entertainment (SCE) and
Connectix Corporation announced a joint technology agreement today. The
companies will proceed to define a series of development initiatives in the
area of advanced emulation solutions.

"We look forward to significant advances in emulation technology as a
result of our cooperation with Connectix, who owns excellent technology in
this field", stated Shinichi Okamoto, Senior Vice President of Research and
Development for Sony Computer Entertainment Inc.

"Our new agreement with SCE gives us the resources to move rapidly into a
wide range of exciting new applications for our core emulation and virtual
machine technologies", said Roy McDonald, President of Connectix. "We
believe that this collaboration can lead to improved development tools,
innovative consumer products and productive enterprise solutions."

As part of the agreement the two companies have resolved all legal issues
pertaining to Connectix Virtual Game Station (CVGS). For consideration,
Sony Computer Entertainment will acquire from Connectix all assets related
to the VGS emulation technology. Connectix will continue to offer the
current version of both CVGS for Macintosh and Windows until June 30, 2001.
Connectix will provide continuing support to existing users. All further
emulation development for the PlayStation game console will proceed under
the auspices of the joint agreement.

Sony Computer Entertainment Inc. (SCEI)

Recognized as the undisputed global leader and company responsible for the
progression of consumer-based computer entertainment, Sony Computer
Entertainment Inc. (SCEI) manufactures, distributes, and markets the
PlayStation game console and PlayStation 2 computer entertainment system.
SCEI, along with its subsidiary divisions Sony Computer Entertainment
Japan, Sony Computer Entertainment America Inc., and Sony Computer
Entertainment Europe Ltd., develops, publishes, markets and distributes
software, and manages the third party licensing programs for these two
platforms in the respective markets worldwide. Headquartered in Tokyo,
Japan, Sony Computer Entertainment Inc. is an independent business unit of
Sony Corporation.

Connectix Corporation

Founded in 1988 and based in San Mateo, California, Connectix is a leader
in low cost, high-performance compatibility software, originally entering
the market with Virtual, a groundbreaking Macintosh-based product that
provided virtual memory. The ever-popular RAM Doubler and Speed Doubler
products were then launched in 1994 and 1995, respectively. In 1996,
Connectix introduced the award winning Virtual PC, software that enables
Macintosh users to run Windows and Windows based applications. In 1999,
Connectix again broke the platform barrier by launching Connectix Virtual
Game Station which allows consumers to run many popular Sony PlayStation
games on their personal computers. Connectix remains focused on new
technologies and products that meet the demands of an emerging
multi-platform, internet-driven business environment. For more information
on Virtual PC and other Connectix products, please visit their web site at
(http://www.connectix.com/).

 

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