FOR IMMEDIATE RELEASE
Thursday, September 21, 2000

Widevine Technologies, Inc. Unveils Executive Team Featuring World Class Talent in Internet Content Delivery And Internet Streaming Media Technology Development

Widevine Announces $11.5 Million Round of Funding, Investors Including Constellation Ventures, Charter Ventures, The Phoenix Partners and Strategic Angel Investors

Seattle, WA, September 21, 2000 – Widevine Technologies, Inc. announced today its core management team, including many of the pioneers in the development of Internet content delivery technology. Widevine, a leader in value-added technologies for Internet streaming media, has recruited top-notch talent from across the country to assist in developing products to for total control of streaming media.

The company also revealed an initial $11.5 million round of funding, with key strategic investors including Constellation Ventures, Charter Ventures, The Phoenix Partners, and several strategic angel investors including Lorenzo DiBonaventura (President of Worldwide Distribution, Warner Brothers), David Erickson (Head of Internet Capital Markets, Lehman Brothers), and Israel Hernandez (Chief Analyst for Streaming Media, Lehman Brothers).

Widevine Technologies, Inc., is a leader in Internet infrastructure dedicated to providing platform and format-independent value-added services and technologies for Internet streaming media. Widevine's mission is to become the preeminent provider of technical solutions for Internet content delivery.

The leadership team is made up of a number of senior managers joining Widevine from companies such as AT&T, Microsoft, Apple, RealNetworks and Rivals.com. In addition, Widevine is well staffed with senior programmers and engineers recognized as leaders in their respective fields of encryption, recognition technologies, streaming media, and network infrastructure.

"To be a leading company in streaming media technologies, you must have the leaders in your management and engineering ranks," said John Beyer, CEO of Widevine. "We concentrated considerable resources during our initial phase on building this team. It is looking today like a 'Who's Who' of the industry. We're off to a great start, and the quality of Widevine's first suite of products will reflect the innovative, pioneering power of our team."

Widevine's core management team consists of:

• John Beyer, Chief Executive Officer. Prior to joining Widevine, Beyer served in senior management and corporate leadership positions, including his role as Vice President and Managing Director of Europe at RealNetworks. He has also served in senior roles at AT&T Wireless/McCaw Cellular ATG Division. Additionally, he served as CEO and President of Digital Data Networks and Chairman of Cogifer, Inc., a French switch manufacturer.
• Brian Baker, Co-Founder and President. With a background in computer science and entrepreneurial studies, Baker is academically affiliated with and a graduate of the University of Washington School of Business. Baker is a senior strategic, technical and business decision-maker, and plays a primary role in securing investment capital.
• Jeff Rice, Chief Operating Officer has significant experience in building successful global companies and in securing strategic investments to support corporate growth and product development initiatives. Prior to joining Widevine, Rice served as Chief Financial Officer and Chief Operating Officer of Rivals.com, Inc, an Internet sports network. Rice also was responsible for launching the company's European Operations and served on the Board of Directors for Rivals Europe. In addition to his new media expertise, Rice brings to Widevine considerable expertise in financial markets. Previous to his stint at Rivals.com, Rice was Co-founder, President, Chief Financial Officer, and Chief Operating Officer of Bay Mortgage Co. in Bellevue, WA, one the Northwest's most prominent mortgage lenders.
• Mike Kaplan, Chief Financial Officer. Kaplan has extensive experience and a strong fundamental understanding of business and financial planning. Prior to joining Widevine, he was a strategic business consultant with Marakon Associates in Manhattan, and has also worked in the field of international finance at OTP Bank of Hungary.
• Brad Kollmyer, Chief Technical Officer. Kollmyer oversees Widevine's technology design, architecture, and implementation, and has years of experience in networking, streaming media, and application development. Kollmyer leads the management and recruiting of senior science and development talent.
• Reza Rassool, Chief Engineer. Rassool brings over 15 years of experience in project management and engineering in audio and video systems to his role as the coordinator of the engineering groups at Widevine. Previously, he served as chief engineer of AV editing products at Micropolis/Streamlogic and eventually moved to a private consultancy where he managed projects for Tribune Broadcasting and Chyron Corporation.
• Jeremy Horwitz, Co-Founder and Vice President of Research and Development. Horwitz handles the research and development operations of Widevine. In the past, he has worked at AT&T Research and Microsoft, and has published several papers on topics relating to cryptography.
• Jonathan Wright, General Counsel. Wright has over eight years experience representing technology start-ups and public companies. Prior to joining Widevine, he was corporate counsel of Corbis Corporation, a privately held media company. Previously, he also was an attorney for Heller, Ehrman, White & McAuliffe. He has a J.D. from Columbia University.

About Widevine Technologies, Inc.
Widevine Technologies, a communications security and network technologies company, is an emerging leader in the development of Internet infrastructure and communication technologies. The company's products are platform- and format-independent and provide value-added services and technologies for Internet streaming media and copyright protection. Founded in 1999, Widevine Technologies is based in Seattle, Washington. The core of the company is a world-class team of streaming media and encryption technology developers. For more information about Widevine Technologies, please visit www.widevine.com.

About Constellation Ventures
Constellation Ventures manages $450 million in venture capital. Constellation Ventures invests in early to mid-stage companies that enable efficient transmission of programming services through new and emerging digital distribution systems. The focus over the next 12-18 months will be on investing in emerging digital broadband infrastructure services and enabling software technologies for both wireline and wireless distribution systems. Institutional investors in Constellation Ventures include: Bear Stearns, Sony Corp., Viacom International, Young & Rubicam, Times Mirror Corp., Mitsubishi Corp., NTT Data Corp., Global Crossing, Zomba Entertainment, DNP Corp., TransCosmos and Acxiom Corp.

Media Contact:
Eric Moser
Ruder Finn Chicago (for Widevine Technologies)
Tel: +1 312 329 3908
mosere@ruderfinn.com

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