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To: stockman_scott who wrote (42523)9/24/2001 4:58:49 PM
From: Dealer  Read Replies (1) | Respond to of 65232
 
RNWK--RealNetworks Announces Share Repurchase Program
SEATTLE, Sept. 24 /PRNewswire/ -- RealNetworks®, Inc. (Nasdaq: RNWK - news), the global leader in Internet media delivery, today announced that its Board of Directors has authorized the repurchase of up to $50 million of the Company's outstanding common stock.

Rob Glaser, Chairman and Chief Executive Officer said, ``We believe the business opportunity in front of us is tremendous. Our strong cash position provides us with an opportunity to repurchase shares, and today we are taking advantage of that opportunity.''

Any purchases of common stock under RealNetworks' share repurchase program will be made from time-to-time, in the open market, through block trades or otherwise. Depending on market conditions and other factors, these purchases may be commenced or suspended at any time or from time-to-time without prior notice. As of September 24, 2001, RealNetworks has approximately 161.5 million shares outstanding.

About RealNetworks

RealNetworks, Inc. is the global leader in Internet media delivery. It develops and markets software products and services designed to enable users of personal computers and other consumer electronic devices to send and receive audio, video and other multimedia services using the Web. Consumers can access and experience audio/video programming and download RealNetworks' consumer software on the Internet at real.com. RealNetworks' systems and corporate information is located on the Internet at realnetworks.com .

This press release contains forward-looking statements that involve risks and uncertainties, including those related to RealNetworks' long-term business opportunity. Actual results may differ materially from the results predicted. Factors that could cause actual results to differ from the results predicted include the risks associated with the development of new technologies and the sustained adoption and use of RealNetworks technology and services by customers, competitive risks and the risks associated with macroeconomic trends. More information about potential risk factors that could affect RealNetworks' business and financial results is included in RealNetworks' annual report on Form 10-K for the year ended December 31, 2000, and from time to time in other reports filed by RealNetworks with the Securities and Exchange Commission.

NOTE: RealNetworks is a trademark of RealNetworks, Inc.