Archie's Corner

[Archangel]

ROXI below 4.30 now>>>>>>Roxio Responds to Optima Litigation
12/16/2003 6:30:00 AM
SANTA CLARA, Calif., Dec 16, 2003 /PRNewswire-FirstCall via COMTEX/ -- Roxio ( ROXI ), The Digital Media Company(R), today responded to Optima Technology's allegations of patent infringement.

We are aware of the Optima '531 patent and the claims within and believe that any claim of infringement by Roxio's software products is utterly without merit. At Roxio, we respect the legitimate intellectual property rights of others but in this instance there is no colorable argument that the claims set forth in the patent read on any Roxio products. We intend to aggressively defend ourselves in this litigation.

About Roxio:

Roxio, Inc. provides the best selling digital media software in the world. Roxio makes award-winning software products for CD/DVD burning, photo editing and video editing. Roxio's family of products includes category-leading products Easy CD & DVD Creator(TM), Digital Media Suite(R), Easy CD Creator(R) (Windows) and Toast(R) (Macintosh) for CD/DVD burning, PhotoSuite(R) for digital photography, and VideoWave(R) for digital video. Roxio also owns Napster(R). Roxio's current installed base is in excess of 100 million users. Roxio distributes its products globally through strategic partnerships with major hardware manufacturers, in stores with the leading worldwide retailers, through Internet partnerships and also sells its products direct at www.roxio.com. Headquartered in Santa Clara, California, Roxio also maintains offices in Minnesota, Canada, United Kingdom, Netherlands, and Japan. The company currently employs approximately 500 people worldwide. Roxio is a member of the S&P SmallCap 600 and the Russell 2000 Index.

SOURCE Roxio, Inc.