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Zi CORPORATION
NEWS RELEASE
For Immediate Release (Calgary, AB Canada)
November 9, 1999
Zi licenses eZiTEXT(tm) to Legend Computer Systems Ltd.,
beginning with integration on the Microsoft WindowsCE Venus
platform
Beijing, PRC (Nov. 9, 1999) - Zi Corporation (TSE: ZIC, NASDAQ:
ZICA) is pleased to announced that it has entered into a licensing
and royalty agreement for its eZiTEXT(tm) language processing
technology, with China's Legend Computer Systems Ltd. (Legend).
eZiTEXT(tm) will be integrated into a range of Legend products,
including set-top boxes and personal computers, beginning with
the Venus set-top box series.
Legend was established in 1994, as part of the Legend Group.
It is the largest and most successful producer and developer
of computer products in China. Legend’s major product
line is their popular personal and business computer series,
which sell over one million units per year. Legend controls
17 per cent of the Chinese PC market and aims to move two million
units per year internationally by the end of 2000. Legend's
other technology series include notebook computers, set-top
box products, network servers, PC software and motherboards.
The Legend Group is also a major licensee of the Microsoft Venus
project, designed to put millions of Chinese on the Internet.
“eZiTEXT(tm) will be implemented on the Legend set-top
box which uses the Microsoft Venus Operating System,”
commented Yuan Shuxin, vice general manager of the Desktop PC
Department at Legend. “We have put in a lot of R&D
into this Legend Venus product. The company is determined
to capture at least one-third of the Venus set-top box market
in China. eZiTEXT(tm) will offer a killer input technology
to set-top box users and will be a standard feature on all Legend
Venus products.”
“The Microsoft Venus project in China will be spearheaded
by Legend who will be among the first to launch Venus products.
Legend does not do things on a small scale,” said Antoine
Blondeau, senior vice president, Marketing & Sales at Zi
Corporation. “Legend's eZiTEXT(tm) powered set-top
box will allow a user to surf the Internet, write e-mail and
enter into e-commerce transactions, all from the remote control
of the television. China has 320 million television sets.”
“Speed of implementation and our ability to customize
features specific to Legend's particular requirements were instrumental
to this agreement. Zi’s capability of deploying
senior development resources in China was also crucial to gaining
Legend’s confidence. We look forward to continuing
our participation with Legend on additional platforms.”
Zi Corporation is a software company making modern electronic
technology more accessible to people in a way that is consistent
with their language and culture. The company’s eZiTEXT(tm)
input software is licensed in numerous languages for devices
ranging from mobile phones to TV set-top boxes. Zi’s
common shares trade on both the Toronto Stock Exchange (ZIC)
and the NASDAQ stock market (ZICA). Zi markets its technology
through strategic partnerships worldwide from offices in Beijing,
Hong Kong, Calgary, San Francisco and Stockholm.
Certain statements in this press release constitute
“forward-looking statements” within the meaning
of the Private Securities Litigation Reform Act of 1995 including,
without limitation, statements concerning the anticipated benefits
to Zi Corporation of its agreement with the licensee (the “Licensee”)
described herein. The expected inclusion of Zi Input technology
in products developed by the Licensee and potential revenue
therefrom involve risks, uncertainties and other factors which
may cause the actual results, performance or achievements of
Zi Corporation to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Such factors include uncertainties in the
ability to successfully collaborate with the Licensee; the ability
of Zi Corporation to successfully design, develop, and deliver
any application that complies with the Licensee’s specifications
and is accepted by the Licensee; the ability of Zi Corporation
to successfully meet specific delivery dates set forth by the
Licensee; the ability of Zi Corporation to successfully integrate
and maintain compatibility with the licensee’s technology;
possible failure to continue to be selected as the text input
enabling technology by the Licensee; the ability of the Licensee
to successfully market and distribute any of its products incorporating
Zi technology; economic conditions in Asia; the risks of doing
business in foreign countries including China; and the risks
and uncertainties referred to in Zi Corporation’s Form
20-F for the most recent calendar year end as filed with the
U.S. Securities and Exchange Commission. There can be
no assurance that Zi Corporation will achieve commercial success
through the agreement described herein.
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For further information, please contact:
Karen Attwell
Zi Corporation
Manager, Investor/Media Relations
Phone: (403) 233-8875
Email: mailto:investor@zicorp.com?Subject=
About PressRelease On Nov. 9, 1999
Web site: http://www.zicorp.com/
Legend Computer Systems
Phone: 86-10-6298-8888
Web site: www.legend.com.cn
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