Taipei, Taiwan----June 18, 2003----CyberLink Corp., a leading developer of digital video software and e-learning solutions, announced today the release of PowerDVD 5, a new version that is built upon the company's technological strength and market leadership to deliver the ultimate DVD entertainment on the PC.

"In general, consumer electronics delivers better video and audio quality than the PCs," stated Alice H. Chang, CEO of CyberLink Corp. "With our new technologies, PowerDVD 5 significantly improves video and audio quality, enabling a rich home theater experience on the multimedia PC that is comparable to any home theater device."

PowerDVD 5 addresses the fundamental parts of multimedia, and features several breakthrough video and audio technologies to enrich the DVD experience on the PC. These new technologies include:

CLEV™ -- CyberLink Eagle Vision Technology
Even though the LCD market is gaining over CRT, its picture quality is highly challenged by demanding professionals. PowerDVD 5 addresses the image quality with the new CLEV technology that automatically adjusts the scene's colors and contrasts to enhance the video image sharpness and detail. The same technology can be applied to CRT monitors, as well.

CLPV™ -- CyberLink PanoVision Technology
Widescreen LCDs are gaining popularity, but still some embrace letter-box screens. No matter which format the user prefers, PowerDVD 5 features the CLPV technology that adopts a non-linear stretching approach to playback 4:3 movies in wide-screen modes without distorting major portions of the scenes. Also, PowerDVD 5 features an optional cropping technique to totally remove image distortions.

CLMEI™ -- CyberLink Multi-Channel Environment Impression
CLMEI is a proprietary technology, which can take any two-channel encoded audio track and decode it in multi-channel audio. With this technology, users with multi-speaker systems can playback 2-channel encoded audio tracks (such as MP3s or audio CDs) in multi-channel virtual surround.

New Functions in this version also include:

Audio Time Stretch
Plays audio at 2 times slower to 2 times faster than the normal playback speed, without pitch distortion. Well suited for language learning while watching DVDs in conjunction with Dual subtitles.

New Smart Snapshot Function
In addition to specifying destination, the new version allows users to specify the resolution of the snapshot image.

A Brand New Skin
A totally new user interface that delivers improved usability and navigation. PowerDVD 5 retains the Dynamic Skin feature allowing users to change skins instantly.

Availability
The OEM bundle of PowerDVD 5 is currently available. CyberLink offers various versions with different function sets to meet the demands of hardware suppliers.

The Retail product will be released by end of June and will available through CyberLink's network of retail channel and online stores. Upgrade offers will also be released to PowerDVD users.

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 Video Entertainment and E-Training Solutions. Digital Video Entertainment products focus on providing video/audio playback and recording capabilities on the PCs. 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 content 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.

##########
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: Cornelie Elsaesser, c.elsaesser@konzept-pr.de or by phone +49-821-34 300-20.
Corporate Contact: Renee Chen or Manal Ma at press@gocyberlink.com or by phone at: +886-2-8667-1298, ext. 301 or 303 for more details.