Taipei, Taiwan----Mar. 31st, 2004----CyberLink Corp. (Taiwan OTC: 5203), a leading developer of digital video software and training solutions, introduced today InstantMPEG, technology that saves hard disk space and time during real-time conversion of digital video (DV) into MPEG files.

InstantMPEG is the encoding technology that is used in PowerDirector 3 and PowerProducer 2 Gold. InstantMPEG takes DV camcorder video and converts it into MPEG formats in real-time, without needing to transfer the video into AVI format first.

With AVI files noticeably larger than MPEG-1 and MPEG-2 files, InstantMPEG lets users save valuable hard disk space after the conversion process. And because video is directly transferred into MPEG format, users also save valuable time by eliminating the traditional step of needing to convert files from AVI to MPEG after capturing.

"As the price of DV camcoders continues to drop and cameras become more popular, consumers will increasingly want fast conversion of DV tape into MPEG-1 and MPEG-2 files, and the efficiency of real-time encoding is the key," stated Alex Weng, Director of Product Planning and the Field Application Engineers (FAE) department of CyberLink.

"InstantMPEG technology not only encodes video in real time, it also utilizes the strength of faster CPU performance to save conversion times," Alex Weng said.

About PowerDirector 3
PowerDirector 3 is "from start to finish" video-editing software that provides the best way for both advanced and entry-level users to create eye-catching movies. By offering a dual-mode timeline and storyboard user-interface with a broad range of new movie production features, PowerDirector 3 ensures moving editing is easy too. New technologies in version 3 include CyberLink's fourth generation MPEG engine to help maintain source video quality, SVRT™ 2 to render the edited video or audio individually for better quality and reduced production times, and DV QuickScan to quickly select and capture specific video segments without manually positioning the tape.

About PowerProducer 2 Gold
PowerProducer 2 Gold is the fast way to turn movies and photos into stunning DVDs and CDs. Targeted at the consumer level, PowerProducer 2 Gold is a wizard-style program that offers full support for DVD+/-VR video file formats, during importing, producing and burning. It features an intuitive user interface including advancing technologies such as Streaming Rendering to render video on the fly, Accu-Chapter to allow creation of chapter points with exact detail, SVRT™ (Smart Video Rendering Technology) to speed up the rendering process and keep the original quality, Disc Defragmentation to optimize disk space, and Right-to-Disc™ Recording to support the conversion of files directly from DV, TV or VCR to DVDs without buffering to a hard disk.

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 Training 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 Training 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. http://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 © 2004 CyberLink Corp. All rights reserved.

Press Contacts:
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: +886-2-8667-1298, ext. 301 or 303 for more details.