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Gold/Mining/Energy : MGI Software (MGI on the TSE)
MGI 10.990.0%Jun 1 5:00 PM EST

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To: LORMAC who wrote (294)11/10/1998 1:07:00 PM
From: Louie Romano  Read Replies (1) of 553
 
NEWS RELEASE

FOR: MGI SOFTWARE CORP.

TSE SYMBOL: MGI

NOVEMBER 10, 1998

MGI Software Selected by Sony Electronics - MGI
PhotoSuite Ships with Sony DKC-CM30 Digital Camera

TORONTO, ONTARIO--MGI Software Corp., the world's leading provider
of photography software for consumers, today announced that Sony
Electronics Inc. is shipping the award-winning MGI PhotoSuite with
its new multi-purpose digital still camera, the DKC-CM30. This
marks the second instance in as many months Sony has agreed to
package MGI applications with its cameras. In September of this
year, MGI Software announced that MGI PhotoSuite would be included
on the Sony Digital Mavica(R) electronic cameras, the best selling
digital still cameras on the market today.

Designed for use in business and industrial imaging applications,
the Sony DKC-CM30 is exceptionally lightweight and compact. The
camera's design and C-mount type lens capability make it a
powerful solution for industrial imaging, microscopy and specialty
photo markets. The camera can be used in a handheld position or
mounted on a tripod in both vertical and horizontal orientations.

"Sony's decision to offer MGI PhotoSuite with both a camera
designed for consumers and one for businesses, highlights how
successfully MGI PhotoSuite straddles both markets," said Anthony
DeCristofaro, president, CEO, MGI Software Corp. "The ease of use
home users experience when working with photographs in MGI
PhotoSuite equates to productivity for business users."

MGI PhotoSuite is the easiest way to edit, organize and be
creative with photos. It includes over 700 templates for creating
business cards, calendars, and more. The program's powerful
cataloging feature allows users to organize photos in albums and
run slide shows. In addition, MGI PhotoSuite allows users to turn
photo albums into Web pages; and take snapshots of the Web using
the Virtual Camera.

"The DKC-CM30 is a real breakthrough for anyone considering the
purchase of a camera for industrial imaging applications," said
James Malcolm, electronic photography marketing manager for Sony
Electronics' Broadcast and Professional Company. "MGI PhotoSuite
is a great addition, allowing users to effortlessly transfer
images from the DKC-CM30."

About Sony DKC-CM30

The DKC-CM30 combines progressive scan technology, a built-in
frame grabber and flash-synch capabilities in a compact
cost-effective, flexible product. It is the perfect solution for
anyone with a need to capture high-quality images for anything
ranging from microscopy to kiosk-based imaging systems. The
camera includes four MB of internal flash memory, an electronic
shutter to capture a broad spectrum of motion and a color LCD
monitor for built in display.

With four MB of internal flash memory, up to 30 images can be
stored in high-resolution mode or up to 120 images in standard
mode. The camera's electronic shutter enables the system to
capture a broad spectrum of motion, or to control exposure in
conjunction with the camera lens.

About the Broadcast and Professional Company of Sony Electronics

The Broadcast and Professional Company of Sony Electronics is a
leading U.S. provider of video and audio equipment for the
broadcast, production, business, industrial, government, medical
and education markets. Sony offers a wide array of products and
systems for image capture, production, and display. Sony also
provides specialized equipment and systems for data recording,
duplication, electronic photography/publishing, videoconferencing,
high-definition video, interactive and security applications. In
the fiscal year that ended on March 31, 1998, Sony Electronics had
record sales of $10.5 billion.

About MGI Software

MGI Software is changing the way home and business computer owners
experience photography and video. The company has quickly become
a market and technology leader with its award-winning products and
its relationships with leading manufacturers driving the union of
computing with photography, video, and television. MGI's partners
include leading firms in the photo industry, online service
suppliers, and manufacturers of digital cameras, computer
hardware, software, and consumer electronics. With more than 12
million copies shipped in two years, MGI's PhotoSuite and
VideoWave are the leading brands in retail and OEM distribution
spanning 25 countries. According to the market research firm
Dataquest, MGI Software has captured a worldwide installed base
market share of 44 per cent in consumer photo software, 8 per cent
more than its nearest two competitors combined. In 1997, Intel
Corporation invested in the Company. MGI Software shares trade
on The Toronto Stock Exchange (Symbol - MGI). For more
information visit mgisoft.com.

Copyright(c) MGI Software Corp.,1998. MGI, MGI PhotoSuite, MGI
VideoWave and PhotoStreet.com are trademarks or registered
trademarks of MGI Software Corp. All other company and/or product
names are trademarks and/or registered trademarks of their
respective manufacturers

More information about Sony products can be found on the World
Wide Web at sony.com, or readers may call
1-800-686-SONY. Additional press information is available at
sony.com.

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