Adaptec's Software Business To Gain Autonomy

Adaptec's Software Business To Gain Autonomy

MILPITAS, April 26, 2000 - Adaptec, Inc. (NASDAQ: ADPT), the global leader in innovative storage solutions, today announced they have initiated activities with the intent to create a separate entity around the current Software Products Group. This entity will start out with an annual revenue run rate in excess of $120 million and a dedicated focus on digital content management. Virtually all major PC manufacturers, CD-recordable manufacturers, and software retailers comprise the customer base.

"I am confident that these activities will increase the focus, autonomy and accountability of our Software Products Group to continue to build its market leading position. By providing customers with the best products, we expect to further penetrate the end user base," said Bob Stephens, president and CEO of Adaptec. "Adaptec's Easy CD Creator software is a household name because of its widespread use and recognition by consumers. This business has shown phenomenal growth during fiscal 2000."

For example, Easy CD Creator is the number one best selling CD-recording software product for creating music, photo, video and data CDs. The separate entity will continue to concentrate on the high growth CD-recording and data protection software market, as evidenced by the recent acquisition of Wildfile and its GoBack data protection software.

GoBack, the premiere desktop protection software, has won multiple awards. PC users can effortlessly undo a multitude of problems arising from system crashes, failed software installations, and user error. This software literally lets you "go back" in time to when everything was working fine.

In the interim, their expanded autonomy is expected to strengthen their current product offerings, further identify and aggressively pursue complementary and new markets, and strengthen and build a culture conducive to the retention and attraction of talented software employees. Internal reporting relationships with sales channels will not be affected by this announcement.

About Roxio

Roxio, a division of Sonic Solutions, develops and markets the best-selling digital media software in the world. Roxio offers award-winning software products for CD/DVD burning, photo editing and video editing and has an installed base of over 150 million users. Roxio distributes its products globally through strategic partnerships with major hardware manufacturers, through leading retailers, through Internet partnerships and through direct sales at Roxio's parent company, Sonic Solutions (NASDAQ: SNIC; is the leader in digital media software and provides a broad range of software tools and applications for creative professionals, business and home users and technology partners. Sonic's products range from professional DVD authoring systems and interactive content delivery technologies that are used to produce the majority of Hollywood movies released on DVD, to the award-winning Roxio- and Sonic-branded CD and DVD creation, playback and backup applications that have become the premiere solutions for consumers and business users worldwide. Sonic's AuthorScript® is the de facto standard for CD and DVD burning and formatting and has been licensed by major software and hardware manufacturers, including Adobe, Broadcom, Microsoft, Scientific-Atlanta, Sony, and many others. Sonic Solutions is headquartered in Marin County, California.

Sonic, the Sonic logo, Sonic Solutions, Roxio, MyDVD, CineMagic, Plug & Burn, LiveShare, Roxio Easy Media Creator, and AuthorScript are trademarks or registered trademarks of Sonic Solutions or its subsidiaries in the United States and/or other countries. Dolby is a trademark of Dolby Laboratories. All other company or product names are trademarks of their respective owners and, in some cases, are used by Sonic Solutions under license. Specifications, pricing and delivery schedules are subject to change without notice.