Phoenix Technologies Acquires StorageSoft, Inc.

1/9/2002 - Phoenix Technologies Ltd. (Nasdaq: PTEC), a global leader in device-enabling and management software products, today announced it has acquired StorageSoft, Inc., a software developer of PC system builder tools and hard drive utilities, based in Louisville, Colorado. This completes an agreement to acquire StorageSoft that was previously announced on January 3, 2002. With the acquisition, Phoenix is further expanding its next-generation FirstWareTM product line and distribution channels in the "White Box" manufacturing, PC system builder, and corporate markets.

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