FOR IMMEDIATE RELEASE
Tuesday, October 31, 2000

Dai Nippon Printing Co., Ltd. Invests in Widevine Technologies

Streaming Media Solutions Leader Building Momentum; Successful Launch of Widevine Cypher™ and Advances in Pipeline Products

Seattle, WA, October 31, 2000 – Dai Nippon Printing Co, Ltd, of Japan has invested in Widevine Technologies, Inc. - the leader in streaming media solutions.

"Widevine Technologies continues to build momentum, having successfully launched our first product, Widevine Cypher - the world's first cross-platform, multi-format streaming media security solution," said John Beyer, CEO, Widevine Technologies. "As our product development initiatives continue, Widevine continues to earn strong interest from business partners, potential customers and large investors."

"We are honored that DNP has joined as a shareholder of Widevine," Beyer said. "We have a great respect for their understanding of the global media marketplace and the many uses of encrypted streaming media. Partnering with DNP is an important step in our overall global business strategy."

"Secured streaming content delivery provided by Widevine Cypher promises to create new business models and drive new revenue using the Internet," said Atsumi Noshiro, General Manager of Communication and Information Research, DNP.

Officials of DNP and Widevine have agreed not to make the amount of the investment public at this point.

DNP follows a number of high technology investors. Among these key strategic investors are 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).

About Widevine Cypher
Widevine Cypher (patent pending) provides industrial-strength end-to-end security for streaming multimedia, at long last giving artists, filmmakers, musicians, and media companies complete control over the Internet distribution of their content. Widevine Cypher operates transparently with regard to the streaming server and end-user. Widevine's product works with any server or media format - including Real, Windows Media, and QuickTime - and supports industry-standard protocols for maximum compatibility with future technologies.

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 Dai Nippon Printing Co., Ltd
Dai Nippon Printing (DNP) is the world's largest comprehensive printing company and a major provider of digital communications, cross-media solutions and global networking. Initially, the company printed books and magazines but has since expanded and diversified its operations to meet today's global communication requirements for businesses and consumers. DNP has 35,000 employees and its net sales in fiscal 1999 were over $11 billion.

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, NBCi, 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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