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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: Steve Stinson who wrote (296)11/18/1998 11:49:00 PM
From: Steve Stinson  Read Replies (1) of 553
 
COMDEX news release

MGI Software Takes Top Awards in Digital Imagery at Comdex/Fall '98;
Products Honored for Usability, Value, and Technical Innovation

LAS VEGAS, NV-November 19, 1998-MGI Software Corp. (TSE:MGI), the
leader in photo and video software for home and business PC users,
today announced that its retail and OEM products have received
prestigious recognition for product excellence at this year's Comdex
Fall industry conference attended by more than 200,000 resellers and
corporate decision makers. Recognizing MGI Software's commitment to
delivering highly innovative, yet easy to use, affordable products, PC
Computing Magazine awarded MGI PhotoSuite II its highly coveted MVP
award as the Best Personal Imaging Product of the Year. At a second
gala ceremony, PC Magazine bestowed MGI PhotoSuite II a Finalist Award
for Technical Excellence only one of three products so honored in the
Software Category representing all application areas.

"MGI PhotoSuite II has been judged the best in its class by our tough
panel of editors, uncompromising technology experts," said PC Computing
editor Wendy Taylor. "MGI PhotoSuite II is the personal image software
of choice for business technology users, because it gives business
professionals a strategic, competitive advantage in the workplace,"
Taylor concluded.

In an article just out in PC Computing's December issue, reviewer Gregg
Keizer writes, "[MGI PhotoSuite II is the] best under-$100 photo editor
on the market, bar none... couldn't be easier to use; jam-packed with
templates and effects; great at grabbing pictures from cameras and the
web... it's easily the brightest darkroom of the year." Given a Five
Star rating MGI PhotoSuite II has been placed on the magazine's
influential A-List for recommended purchase by its one million readers.

In naming MGI PhotoSuite II a finalist in technical excellence, PC
Magazine editors recognized MGI PhotoSuite II as being the most
Internet integrated software package on the market today. "The Web has
been the biggest influence on software design since the introduction of
the graphical operating system. Nowhere is this impact more evident
than in MGI Software's PhotoSuite II, a PC photography editing package
that takes Internet integration to a new level."

MGI Software also received other Comdex accolades recognizing the
Company's leadership in video software and it's offerings for original
equipment manufacturers. PC Computing named the current version of
MGI VideoWave a Finalist in Video Editing, only one of three products
so honored in the category that included products designed for
professional markets. A Xerox subsidiary and MGI's OEM Business
Partner, ScanSoft, Inc, took the MVP award as the Best Document
Management Software of the Year with its Pagis Pro 2.0 scanning suite
which includes MGI's popular PhotoSuite.

"We are pleased and proud that our products have received this kind of
acclaim at the computer industry's most prominent annual gathering,"
said Anthony DeCristofaro, president and CEO, MGI Software. "It's
particularly rewarding to have so many technical experts acknowledge
our innovative work and recommend our products for purchase."

About MGI PhotoSuite II and MGI VideoWave
MGI PhotoSuite II delivers the complete PC Photography experience
making sophisticated photo correction, manipulation, composition and
presentation accessible to the average business and home user. The
software's unique architecture embraces the Internet on many levels.
For example, users can directly access Lycos Pictures & Sounds -- a
library of 40,000 images -- and use the Lycos P&S search engine, which
is specially tuned to search for multimedia objects, to find additional
content from the estimated 18 million images on the Internet. Users
can access MGI's special photo community called PhotoStreet.com
(http://www.PhotoStreet.com), which provides enthusiasts with links to
over 1,500 photo related sites, tips, tricks, new downloadable content,
and updates, plus insight from world-renowned photographer Jerry Downs
as he rediscovers photography on the computer. In addition, users can
directly access the Kodak Picture Network to get and share their
digitally processed pictures. MGI PhotoSuite II includes high-quality
templates for creating everything from business cards and stationary to
calendars and greeting cards, delivering unparalleled functionality,
productivity and entertainment to business and home users working with
photos on a PC.

Ideal for business uses such as enhancing presentations with video,
creating video news releases, developing video-based marketing and
product materials, training videos and streaming Web content, as well
as editing home movies, MGI VideoWave is PC video made easy. The
product has already been acclaimed by PC Magazine, winning two
"Editors' Choice" Awards last year, for its innovative and intuitive
StoryLine approach to PC video editing. MGI VideoWave lets users
quickly and easily combine moving pictures, animation, graphics photos,
sound music and narration to "tell a story" in video.

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.
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