MEDIA RELEASE PR36295
Phoenix Technologies Launches Global Business Division and Introduces PC 3.0(TM) Products in India
BENGALURU, Sept. 25 /PRNewswire-AsiaNet/ --
- Plans to Create and Launch Products in India for PC OEMs and Telecom Carriers
- Launches HyperSpace and FailSafe
Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies,
today launched its new initiatives and management in its Bangalore based facility. The Company
revealed plans to create products in India that will cater to the needs of PC OEMs and telecommunications carriers
(operators) across the world.
Phoenix Technologies established industry leadership and created the PC clone industry with its original core systems
software (BIOS) product in 1983. Phoenix has 139 technology patents and 65 pending applications, and has shipped in
over one billion systems. Phoenix is headquartered in Milpitas,
California with offices worldwide. Its flagship products and services, including HyperSpace(TM) and FailSafe(TM) are
revolutionizing the mobile end-user experience by delivering unprecedented performance, security, reliability, continuity,
and ease-of-use for mobile PCs. The PC industry's top system builders and specifiers use Phoenix products to differentiate
their systems, reduce time-to-market and increase their revenues.
At a press conference and industry event in Bangalore, Phoenix's President & CEO, Woody (Woodson) Hobbs,
announced that Phoenix will expand its presence in India to drive innovation and expand into major emerging markets in
the Asia-Pacific region, to pursue global revenue growth opportunities. The Phoenix India Business Center will double its
workforce in the next 6 months and expects to invest approximately Rs 100 crores over the next few years. The Centre will
support both local and global R&D projects.
Mr. Hobbs said the division will focus on product development for mobile PCs, to solve the unmet needs of PC
consumers globally. He introduced HyperSpace and FailSafe to PC OEMs and telecom operators in India. Phoenix
HyperSpace is a revolutionary operating environment for mobile computers (laptops, netbooks, nettops, MIDs) that
provides end users with the benefit of instant Web access and extended battery life. HyperSpace can be the primary OS
on a machine, or can run alongside Windows(R) as the instant-on/off companion environment. Compatibility with Windows
allows users to instantly switch between Windows and HyperSpace as dictated by their computing needs. Phoenix
FailSafe is the leading laptop anti-theft and data
protection solution that helps protect, track, and manage a lost or stolen computer along with the data that is stored on it.
FailSafe allows you to remotely retrieve and erase digital files and even disable the computer to
prevent unauthorized access. The Company showcased these cutting edge technologies to the press, business leaders
and technology evangelists at the opening event in Bangalore.
Mr. Hobbs also introduced Kirthiga Reddy, the new Vice President and GM of Phoenix India, who will lead R&D, product
management and new market development in India. "We welcome Kirthiga to the Phoenix family. Her experience and
energy will help Phoenix India grow and become a solid and integral part of the PC ecosystem globally." Kirthiga brings
over thirteen years of international experience spanning general management, product management, product marketing
and product development. Prior to Phoenix,
Kirthiga Reddy was the GM of Motorola Good Technology Group India where she was responsible for leading the cross-
functional Good India team, accelerating new product revenue, and coordinating business and engineering deliverables
with global counterparts.
Mr. Hobbs said, "Leveraging the talent and opportunities in India enables Phoenix to provide the high quality and
innovative products that our customers require worldwide as well as in India."
"We are enormously proud to be the first company to bring to market the vision of an instant-on, always-available and
all-day computing environment that can co-exist with Windows. We want mobile PCs to be as efficient, easy-to-use, fun,
personal, and secure, just like smartphones. This is our vision for PC 3.0(TM). The entrepreneurial spirit combined with a
highly skilled workforce in India will help us further this vision globally,"
emphasized Mr. Hobbs.
About Phoenix Technologies
Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies,
pioneers open standards and delivers innovative solutions that enable the PC industry's top system builders and specifiers
to differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products and
services -- SecureCore Tiano, Embedded BIOS, Phoenix Freeze, FailSafe, HyperSpace, and eSupport.com -- are
revolutionizing the PC user experience by delivering
unprecedented performance, security, reliability, continuity, and ease-of-use. The Company established industry
leadership and created the PC clone industry with its original BIOS product in 1983. Phoenix has 139
technology patents and 68 pending applications, and has shipped in over one billion systems. Phoenix is headquartered in
Safe Harbor
The statements set forth above include forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited
to, our growth and expansion plans in India and revenue growth opportunities. These statements involve risk and
uncertainties, including: demand for our products and services in adverse economic conditions; our dependence on key
customers; our ability to enhance existing products and develop and market new products and technologies successfully;
our ability to achieve and maintain profitability and positive cash flow from operations; our ability to attract and retain key
personnel; our ability to successfully compete in new markets where we do not have significant prior experience; end-user
demand for products incorporating our products; the ability of our customers to introduce and market new products that
incorporate our products; timing of payment by our customers; risks associated with any acquisition strategy that we might
employ; costs and results of litigation; failure to protect our intellectual property rights; and risks associated with our
international sales and operating internationally. For a further list and description of risks and
uncertainties that could cause actual results to differ materially from those contained in the forward looking statements in
this release, we refer you to the Company's filings with the Securities and Exchange Commission, including, but not limited
to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements included in this
document are based upon assumptions, forecasts and information available to the Company as of the date hereof, and the
Company assumes no obligation to update any such forward-looking statements.
For further details please contact:
Shauli Chaudhuri
VP Marketing & Communications
Global Press Office
Phoenix Technologies Ltd.
Tel +1 408 570 1060
public_relations@phoenix.com
Sundar
Principal Consultant
B2 Media
Mobile No: +919845455050
Email: sundar@b2mediapr.com
SOURCE: Phoenix Technologies
CONTACT: Shauli Chaudhuri,
VP Marketing & Communications,
Global Press Office,
Phoenix Technologies Ltd.,
+1-408-570-1060,
public_relations@phoenix.com; or
Sundar, Principal Consultant, B2 Media,
Mobile, +919845455050, sundar@b2mediapr.com
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