Spyglass Partners with Microsoft for Windows CE-Based Devices

Naperville, Ill., April 7 - Spyglass, a leading provider of Internet expertise, software, and services, has announced a new strategic agreement with Microsoft Corp. to accelerate the development and deployment of Windows CE-based products. Under the agreement, Spyglass will license technology and provide services to Microsoft, generating a minimum of $20 million in revenues over a three-year period.

Key Takeaways:

• Spyglass will work directly with Microsoft to develop and integrate multiple Windows CE-based applications for Internet device manufacturers.
• Microsoft has licensed Spyglass technology and is exploring ways to utilize this technology to enhance the Windows CE experience.
• This agreement marks the second multi-million, multi-year solutions agreement announced by Spyglass in fiscal 1999.
• Spyglass will leverage its expertise to provide customers with unique advantages when utilizing Windows CE in their products and services.
• The partnership will enable the development of a broad variety of products and services for intelligent connected appliances.

Statistics:

• Spyglass will generate a minimum of $20 million in revenues over a three-year period.
• The partnership aims to accelerate the development and deployment of Windows CE-based products.
• This agreement is the second multi-million, multi-year solutions agreement announced by Spyglass in fiscal 1999.
• Spyglass has extensive customer and project management experience supporting the Windows CE platform.

Sources:

• PR Newswire, "Spyglass Provides Services and Technology to Microsoft for Windows CE-Based Devices" (April 7, 1999)
• Spyglass corporate website, "About Spyglass" (Undated)
• Spyglass corporate website, "Investor Relations" (Undated)
• Microsoft corporate website, "Windows CE" (Undated)