Taipei, Taiwan----November 19th, 2003----CyberLink Corp., a leading developer of digital video software and e-learning solutions, announced today the release of PowerDirector 3, the total solution video editing software featuring speed, quality and power. Targeted at the pro-sumer level, PowerDirector 3 offers both advanced and entry-level users the best way to enhance their camcorder videos and produce professional home movies via an intuitive dual-mode timeline and storyboard user interface.

"From start to finish, PowerDirector 3 offers a wide assortment of unique video editing tools and innovative technologies that makes it the best choice for anyone looking to produce movie masterpieces for the Web, PC or TV," said Alice H. Chang, CEO of CyberLink. "More than 40% of features are new, buttons have been simplified, and the dual-mode user interface is so much easier to use. The feature-rich PowerDirector 3 is ideal for both advanced and entry-level uses."

PowerDirector 3 is built with patent-pending DV QuickScan technology for previewing digital videos 6 times faster than normal, US-patented SVRT™ II (Smart Video Rendering Technology II) to render edited video or audio individually, and a new version of the CyberLink MPEG Engine to highly improve video quality without compromising video rendering speed. PowerDirector 3 also features 40% increase in the number of video editing features and functions giving users more options to create professional-like videos. It provides two video editing modes: timeline and storyboard in an intuitive user interface. The key new editing features in PowerDirector 3 includes:
1. Convenient User Interface:
50% space is reserved for the timeline, for easy manipulation of six editing tracks including video, video effects, Picture in Picture (PIP), title, voice, and music.
2. Precise-Cut:
A special slide bar, with a magnifying function, lets users zoom into a specific section of video and trim out unwanted sections more precisely. This feature is ideal for long clips. The Split Video function quickly cuts video into two pieces.
3. Title Designer:
New title editing options, such as applying shadow effects and gradients, let users personalize their movie style. 57 unique animation effects, including the new roll and crawl option, allow creation of title effects like those found in Hollywood films.
4. Picture in Picture (PiP) Designer:
The new PiP designer can easily enhance PiP with dynamic motion effects, shadow effects or by adding borders. Includes a wide variety of adjustment tools, including color filter tools for replacing any specific color on a single object in an image or video clip.
5. Real-time Audio Mixer:
Lets users adjust the track volume, for the original audio track, voice over, or background music in real-time.
6. Voice Over Recorder:
Enables users to instantly record narration while viewing their video file. Recorded voice is automatically synchronized with the video
7. High Speed Video with Audio Time Stretch:
Lets users adjust the video playback speed without affecting the audio pitch. Ideal for videos that contain background audio which users don?t wish to mute.

PowerDirector 3 also features EZProducer for authoring and burning functions, and includes many new editing features for creating stylish home movies. PowerDirector 3 also supports a more extensive range of formats such as Microsoft Windows Media Center Edition DVR and DVD+/-VR; it is also embedded with the latest DivX encoder/decoder. The key new editing features in PowerDirector 3 include:

Availability:
Online purchasing:
Available at http://www.cyberlink.com/store/index_en_US.html
Retail boxed version:
Asia and US ? Dec. 2003, Europe ? Jan. 2004
OEM versions: Dec.
Various versions with different function sets will also be provided to meet the demands of hardware suppliers starting from mid-Nov.

Product Photo and information:
Box shot can be downloaded at
Detail product information can be found at
http://www.gocyberlink.com/english/products/product_main.jsp?ProdId=45

About CyberLink Corp.
Founded in 1995, CyberLink Corp. is a world leader and pioneer in bringing advanced digital video and audio software applications to market. The products are categorized into two major lines: Digital Multimedia Solutions and E-Learning Solutions. Digital Multimedia Solutions includes Media Creation Products focusing on media creation by advancing technologies to capture, edit, author and record all types of media, and Digital Entertainment products providing high quality media enjoyment on the PC by perfecting state-of-the-art audio-video technologies. These award-winning software applications are ideal solutions for turning today's mainstream computers into home theaters and digital video centers. The company's E-Learning Solutions include authoring tools for creating training content and training management systems that offer an easy and cost effective way to deliver and manage training programs over corporate intranets or the Internet. As a result of the company's solid growth and profitability, CyberLink became a public company in October, 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 the company website is: www.goCyberlink.com

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All companies and product names mentioned herein are for identification purposes only and are the sole property of their respective owners.
Copyright c 2003 CyberLink Corp. All rights reserved.

Press Contacts:
USA: Kristen Stonecipher, kristen@sspr.com or by phone +1-888-275-5878, ext. 28.
Germany: Regina Glaser, r.glaser@konzept-pr.de or by phone + 49-821-34300-17.
Corporate: Renee Chen or Manal Ma at press@gocyberlink.com or by phone at: +88