Philips DVD-ReWriter Features High Quality, Rich-Featured DVD Playback from PowerDVD

Taipei, Taiwan----February 19, 2002----CyberLink Corp., a leading developer of digital video and multimedia streaming software, announced today that PowerDVD 3.0 is bundled with the DVD-ReWriter from Philips.

PowerDVD, the award-winning DVD playback software application, will be included with Phillip's DVD-ReWriter, a DVD+RW Drive for the PC designed to deliver robust compatibility with popular DVD and CD disc media available in the market for the consumer looking for expanded digital video experience on the PC. Included as part of the software bundle of Philips' first generation DVD+RW drive, PowerDVD provides sharp, vivid video and audio playback of DVD titles on any PC from 350 MHz CPU and up. The Philips DVD-ReWriter has been available in Europe and the United States since November 2001.

Additionally, the DVD-ReWriter, which complies with the DVD+RW standard optimized for PC and consumer applications, has been designed to not only read DVD-Video and DVD-Data discs, but also allows recordings made on DVD+RW to be played back in DVD-ROM drives for the PC, as well as in most DVD-Video players. CyberLink PowerDVD, one of the most popular DVD software players available in the market, enables the personal computer to play video files stored on all popular DVD-ROM and CD-ROM discs, as well as playback movies in DVD-Video or Video CD format.

According to Henk Veldhuis, Product Marketing Manager, Business Line Data, Philips Optical Storage, "Philips' new DVD writing products for the PC change the way people create and distribute their home videos. DVD fans can now create their own DVDs that can be played on a DVD player or on the PC. PowerDVD, with its unrivaled DVD playback quality and best in class feature set, is the right choice to bring this Hollywood-quality alive on a PC."

"It has been our pleasure to cooperate with Philips to bring the maximum video and audio playback of PowerDVD to their first generation DVD+RW drives," said Alice H. Chang, CEO of CyberLink Corp. "We are extremely pleased to be chosen by Philips for inclusion with the DVD-ReWriter, which is an ideal solution for the PC user looking for high-capacity data storage on rewritable discs and compatibility with DVD-ROMs or home DVD players."

About PowerDVD
PowerDVD is the world's leading high quality audio and video DVD software player, with advanced navigation and the most complete hardware support. CyberLink's PowerDVD can deliver high quality DVD playback at full frame rate with extremely low CPU consumption (only 350MHz CPU or above required). New features added to its already long list include Dolby Headphone Technology, bringing a Virtual Surround experience to any standard pair of stereo headphones and Digital Zoom, allowing users to view special effects, hidden features and fine details at either 4 or 9 times the normal screen ratio. PowerDVD has been an excellent solution for OEM manufacturers due to its low CPU consumption and high level of hardware compatibility.

About CyberLink Corp.
Founded in 1995, CyberLink Corp. is a world leader and pioneer in bringing advanced digital video and audio software products to market. The products are categorized into two major lines: Digital Video Entertainment and E-Training Solutions. Digital Video Entertainment products offer complete digital video entertainment solutions from video capture, edit, author, burn and playback capabilities. These award-winning software applications are ideal solutions for turning today's mainstream computers into powerful home theaters and digital video centers. The company's E-Training Solutions offer breakthrough technologies to stream and manage high-quality, media-rich contents over corporate intranets or the Internet. As a result of the company's solid growth and profitability, CyberLink became a public company in October of 2000 and is listed on the Taiwan Over The Counter Exchange (OTC: 5203). To keep up with market demands, CyberLink has operations in North America, Europe and the Asia Pacific region including Japan. CyberLink's worldwide headquarters are in Taipei and its Web site is located at www.goCyberlink.com.

About Royal Philips Electronics
Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of $34.9 billion (EUR 37.9 billion) in 2000. It is a global leader in color television sets, lighting, electric shavers, color picture tubes for televisions and monitors, and one-chip TV products. Its 192,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.news.philips.com

CyberLink programs are available for press evaluation. Please contact Ty Ung or Manal Ma at press@gocyberlink.com or by phone at: +886-2-8667-1298, ext. 301 or 303 for more details. Additional press information is available locally in the USA and Germany through the following contacts: USA Press Contact: Kristen Stonecipher, kristen@sspr.com or by phone +1-888-275-5878, ext. 28. Germany Press Contact: Cornelie Elsaesser, c.elsaesser@konzept-pr.de or by phone +49-821-34 300-20.

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