Sony Selects Spyglass to Provide Internet Software World's Consumer Electronics Leader Selects Spyglass Software for Use in Future Information Appliances NAPERVILLE -- Tuesday, April 20, 1999 -- SpyglassŪ Inc. (NASDAQ: SPYG) announced today Sony Corporation (NYSE: SNE) has licensed Spyglass Internet software for use in future information appliances, such as advanced digital set-top devices. Specifically, Spyglass Device Mosaic, an embedded Web browser, and Spyglass ThinGUI Library, a small footprint graphics library, have been licensed to Sony. According to International Data Corporation (IDC), the global market for information appliances will grow to 55.7 million annual unit shipments in 2002, resulting in a 76 percent annual growth rate from 1998-2002. Much of this momentum can be attributed to the growth in NetTV, gaming devices and smart handheld products. By 2001, IDC expects there will be almost 11.5 million NetTV products alone shipped annually, attributing the growth to the recent efforts of the U.S cable industry for deploying interactive television and high-speed Internet access. The growth potential of broadband Internet access through digital cable relies on the ability to enhance the viewer's experience through creating Internet browsing applications such as electronic programming guides (EPGs), video-on-demand services, pay-per-view, e-commerce, and a variety of other revenue generating applications and services. "Sony leads the way in the technical convergence of audio, video, computing and communications," said Randy Littleson, Spyglass vice president and general manager. "Their expertise in digital consumer electronics and powerful retail brand, complement our power to provide quality Internet solutions to the world's leading device manufacturers. Expertise from both companies will be extremely vital in the development of the next generation of information appliances." About Spyglass Spyglass (NASDAQ: SPYG) provides Internet expertise, software and services for making devices work with the Web. Particularly active in the interactive television and mobile data markets, Spyglass solutions are used by market-leading companies including GTE, General Instrument, Microsoft, Motorola, NEC, Nokia, Philips, Thomson Consumer Electronics (RCA) and Xerox. Spyglass headquarters are located at 1240 East Diehl Rd., Naperville, Ill., 60563; phone: 1.630.245.6512; fax: 1.630.245.6693; press email inquiries: [email protected]; Web site: http://www.spyglass.com
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