PNY, Microsoft and Symantec Announce Free Memory Upgrade And AntiVirus Software Promotion at Microsoft Windows XP Launch

NEW YORK, Oct. 25, 2001 — Today at the worldwide launch of the Windows® XP operating system in New York City, PNY Technologies Inc., Microsoft Corp. and Symantec Corp. announced that consumers can get a free memory upgrade and anti-virus software when they get Microsoft®
Windows XP Professional.

Consumers who acquire Windows XP Professional will receive a PNY 256MB PC-133 SDRAM memory module free after mail-in rebate and Symantec’s new Norton AntiVirus 2002 software from Best Buy Company Inc., CompUSA Inc., Office Depot Inc. and Staples Inc. retail stores. Valued at $129.98, the promotion is scheduled to run during select periods from Oct. 25, 2001, to Jan. 31, 2002.

“PNY is pleased to be aligned with Microsoft and our channel resellers in this year’s most exciting computer-related event,” said Anthony Gomez, vice president of channel sales and marketing for PNY. “We are committed to being at the forefront of this new technology with our high-quality memory products. Consumers who acquire Windows XP Professional will boost the performance of this new powerhouse operating system with PNY’s 256 MB memory and Symantec’s new Norton AntiVirus 2002 software. The combination of PNY memory, Symantec software and Microsoft Windows XP Professional will provide users with a highly efficient solution for their computing needs.”

“Today’s launch of Windows XP will enable users to fully unlock the potential of their PCs and networked systems at work and home,” said Jim Allchin, group vice president of the Platforms Group at Microsoft. “Business and power PC users will benefit from PNY’s high-quality 256MB memory upgrade value-added promotion that includes Symantec’s powerful anti-virus software.”

“When it comes to memory upgrades to meet the high-performance needs of Windows XP, we have our customers covered,” said David Figler, director of merchandising at Staples. “Whether it’s giving the everyday user 128 MB of memory free after the mail-in rebate when they get the Home Edition or offering small businesses and advanced users 256 MB of memory free after the mail-in rebate from the Professional edition, we’re excited to provide the power for the new computing standard to our customers with PNY and Microsoft.”

Windows XP is the next version of Windows, and it has a brand-new look. Built on an enhanced Windows 2000 engine, it enables exciting new experiences that give users the freedom to unlock the possibilities of the digital world. Windows XP extends the role of the PC by acting as an integration point to the Web, in the home, on the move and at work. Windows XP makes end-to-end scenarios — such as photography and music — intuitive and dependable.

About PNY Technologies

PNY Technologies Inc., an ISO 9000 registered company, is a world-class leader in computer memory upgrade products, CD Media, Flash Memory (Compact Flash, Smart Media, MMC and SD), graphic cards and computer peripheral products. PNY is headquartered in Parsippany, N.J. The company’s memory products have direct applications in thousands of the leading brands of desktop and notebook computers, servers, workstations, digital cameras, handheld PCs and printers. PNY’s Memory Upgrade Modules are backed by a Lifetime Warranty and toll-free technical support. PNY maintains manufacturing facilities and sales offices in North America (Parsippany, N.J., and Santa Clara, Calif.) and Europe (Ballivor, Ireland, and Bordeaux, France.) Additional information is available on the company’s Web site at http://www.pny.com/.

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.

Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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