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press releases
PortalPlayer Wins 2006 Frost & Sullivan Technology Innovation Of The Year AwardPreface™ Personal Media Display Platform Recognized As Top Industry Innovation in Notebook Computers SAN JOSE, Calif., May 23, 2006 – PortalPlayer, Inc. (Nasdaq: PLAY), a leading supplier of semiconductors, firmware and software for personal media players and secondary display-enabled notebook computers, today announced that the company received the 2006 Frost & Sullivan technology innovation of the year award for the development and successful launch of its Preface™ platform. Frost & Sullivan bestows this award upon companies that have identified emerging trends and have created strategic implementation of products to further expand the market base. Preface is a new technology platform that enables the development of a second user interface on notebook computers called a personal media display (PMD). The PMD works with the Microsoft Windows Vista operating system to provide Always On access to information and media stored in the notebook. "Frost & Sullivan selected PortalPlayer for the technology innovation of the year award because its Preface technology shows tremendous promise to change the way people use their notebook computers," said Amreetha Vijaykumar, Frost & Sullivan's research analyst. "Preface could significantly impact adoption and change the competitive posture of the notebook industry." Frost & Sullivan's analyst team closely tracks innovation in key hi-tech markets. The selection process included a thorough review of qualitative and quantitative research, primary participant interviews and a ranking of candidates based on a set of innovation impact criteria. Awards will be presented at the Frost & Sullivan 2006 Excellence in Emerging Technologies Awards banquet on Wednesday, June 21 in San Diego, CA at the Paradise Point Resort and Spa. The PortalPlayer Preface personal media display (PMD) technology platform enables a second user interface in new notebook computers that integrates with Windows Vista through a new feature called Windows SideShow. The combination of these technologies enables notebook computer manufacturers to introduce a PMD for notebooks that is Always On and links to the programs and data stored on the main system. It is also a new platform for developers to create mini-applications and gadgets that give users new functionality and access to information beyond what was previously available. The main components of the Preface platform include a low power processor, a small second display, flash memory and user controls that can be installed in various locations, including the notebook lid opposite the main display. "The Frost & Sullivan technology award is prestigious and validates our belief that Preface represents a disruptive innovation in notebook computing," said Michael Maia, general manager of the PortalPlayer Personal Media Display division. "Preface is the first product to come from our corporate diversification strategy, and this award is an encouraging start." About PortalPlayer PortalPlayer develops semiconductor, firmware and software platforms for portable multimedia products such as personal media players and secondary display enabled notebook computers. PortalPlayer products empower consumers to quickly and easily manage, enjoy and have access to multimedia content and other forms of information. PortalPlayer is headquartered in San Jose, Calif., with offices in Kirkland, Wash.; Taipei, Taiwan; and Hyderabad, India. PortalPlayer, Preface and the PortalPlayer logo are trademarks of PortalPlayer Inc. All other product and company names herein may be trademarks of their registered owners. Forward-Looking Statements: Except for the historical information contained herein, the matters set forth in this press release, including, but not limited to, statements regarding the availability of Windows Vista and Windows SideShow, the availability of notebook computers with Preface technology platform functionality, the timing of the introduction of notebook computers containing the Preface technology platform, and the anticipated performance of implementations of the Preface technology platform are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expect," "believes," "anticipates," "plans," "expects," "will," "designed to," "forward," "could impact" and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance. Actual results could differ materially from those discussed in these forward-looking statements as a result of risks and uncertainties, including, among others, the acceptance of the platforms under development by PortalPlayer by consumer electronics manufacturers, the market for notebook computers with Preface technology platform capabilities, manufacturing and supply risks, the timing and introduction of Windows Vista and Windows SideShow products, the acceptance of PortalPlayer's Preface technology platform by notebook computer manufacturers, and other risks and uncertainties detailed in PortalPlayer's quarterly report on Form 10-Q for the quarter ended March 31, 2006 and from time to time in PortalPlayer's SEC filings. These forward-looking statements speak only as of the date hereof. PortalPlayer does not undertake any obligation to update forward-looking statements.
Contacts: # # # Note to Readers: PortalPlayer's press releases, presentations and printed remarks are included on this website for historical purposes only. The information contained in these documents should be considered accurate only as of the date of the relevant document. This information may change over time; therefore, visitors to this website should not assume that the information contained in these documents remains accurate at a later time. We do not have any current intention, and expressly disclaim any obligation, to supplement, update or revise any of the information in these documents.
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