Software Imaging :: Software 2000 Teams with Oak Technology to Provide Industry Leading GDI Solutions

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Software 2000 Teams with Oak Technology to Provide Industry Leading GDI Solutions

OXFORD — November 7, 2002 — Software 2000, the world's leading independent printer driver technology provider, today announced a key partnership agreement with Oak Technology (Nasdaq: OAKT) enabling them to provide Printer OEMs with complete GDI solutions for the rapidly growing low-end color laser printer/mfp market.

Under this agreement Oak will develop multi platform raster laser printer drivers for their Quatro based controllers using Software 2000's Sorcerer Driver Development Kit. These drivers will be supplied to OEMs as part of complete GDI solutions which include hardware, firmware and host drivers.

Peter Lismer, CEO of Software 2000 commented, "In the low end color laser segment OEMs are looking for complete and cost effective driver/controller solutions to enable them to rapidly develop products and compete successfully in the marketplace. Our partnership with Oak provides them with the very best package of its kind. Oak is an excellent development partner for us because our core technologies and competencies are so well suited. Our OEM customers will benefit enormously from the combined experience and expertise of the two companies"

"This deal solidifies Oak's commitment to the emerging low-end market space and strategically positions us to quickly capture market share. Working with a market leader like Software 2000 has allowed us to significantly enhance our product offerings" explained Simon Dolan, Senior Vice President and General Manager, Oak Technology's Imaging Group.

About Software 2000

Formed in 1989, Software 2000 is the world's largest independent developer of inkjet, laser printer and digital copier driver technology for the Microsoft Windows and Macintosh environments. In excess of 60 million units of the company's driver software are currently in use. The company supplies Driver Development Kits and custom driver development services to Original Equipment Manufacturer (OEM) customers including Canon, Epson, Hewlett-Packard, Olivetti Tecnost, Lexmark, Océ, Ricoh, Samsung, Sharp, Toshiba, Xerox, and many others. The company also supplies award-winning end-user printer driver solutions through its international retail operation Strydent Software, based in Vancouver, Canada.

About Oak Technology

Oak Technology, Inc., a leading provider of solutions for the storage, manipulation and distribution of digital content, is committed to driving the emerging world of connected consumer appliances. The company's fully integrated products and technologies target three key markets: optical storage (CD-RW and DVD for PC and consumer), digital imaging (advanced copiers, printers, faxes, scanners and MFPs) and digital home entertainment (digital TV, HDTV and PVRs).

Oak Technology's Imaging Group, based in Woburn, MA, is a leading provider of software, imaging processors and system-on-a-chip solutions to the world's top printer OEMs including Canon, Hewlett-Packard, Ricoh, Sharp, Toshiba TEC and Xerox. Oak Technology supplies peripheral technology to more than 40 OEMs worldwide, collectively representing 80 percent of the printing peripheral market. Oak's imaging products include IPS™ (Integrated Print System) page description language emulations (PCL, PostScript and PDF); imaging compression/decompression (iCODEC) processors for digital imaging; and Imaging Digital Signal Processors (iDSP).

Oak Technology is headquartered in Sunnyvale, CA and the company trades on the Nasdaq Stock Exchange under the symbol OAKT. Additional information about Oak and its digital solutions can be found at [www.oaktech.com]

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