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Phoenix Technologies Ltd. to Present PC 3.0(TM) Vision and Financial Results at Upcoming Investor Conferences

MILPITAS, Calif., Jan. 21 /PRNewswire-FirstCall/ -- Phoenix Technologies Ltd. (Nasdaq: PTEC), the global leader in core systems firmware, announced today that Rich Arnold, the Company's COO and CFO, will be presenting to the investment community on January 31, 2008, at the Southwest Securities Small Cap Growth Conference in Dallas, TX, and on February 19, 2008, at the Roth 20th Annual OC Growth Stock Conference in Dana Point, CA.

MILPITAS, Calif., Jan. 21 /PRNewswire-FirstCall/ — Phoenix Technologies Ltd. (Nasdaq: PTEC), the global leader in core systems firmware, announced today that Rich Arnold, the Company's COO and CFO, will be presenting to the investment community on January 31, 2008, at the Southwest Securities Small Cap Growth Conference in Dallas, TX, and on February 19, 2008, at the Roth 20th Annual OC Growth Stock Conference in Dana Point, CA.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070410/SFTU048LOGO)

The Company's presentation will outline Phoenix's strategy with respect to its core business, potential market opportunities and recent financial results. The presentation will also include the Company's vision for PC 3.0 based on Phoenix HyperSpace(TM), an innovative platform the Company believes will ignite a PC revolution by transforming the personal computing experience. The recently announced HyperSpace platform is enabled by an efficient hypervisor also from Phoenix, called HyperCore(TM), a lightweight Zoned Virtual Machine Monitor (ZVMM) that virtualizes the PC platform to offer specialized services for PC users, side-by-side with Windows.

A web cast of the Company's presentation at the Roth event will be available on February 19th on the IR section of the Company's website at http://investor.phoenix.com/en/about+phoenix/investors/webcasts/webcasts.cfm

About Phoenix Technologies

Phoenix Technologies Ltd. (Nasdaq: PTEC) is the global market leader in system firmware that provides the most secure foundation for today's computing environments. The PC industry's top builders and specifiers trust Phoenix to pioneer open standards and deliver innovative solutions that will help them differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products, AwardCore, SecureCore, FailSafe and HyperSpace, are revolutionizing the PC user experience by delivering unprecedented security, reliability and ease-of-use. The Company established industry leadership with its original BIOS product in 1983, has 155 technology patents and 139 pending applications, and has shipped in over one billion systems. Phoenix is headquartered in Milpitas, California with offices worldwide. For more information, visit http://www.phoenix.com

Phoenix, Phoenix Technologies, Phoenix FailSafe, HyperSpace, HyperCore, PC 3.0 and the Phoenix Technologies logo are trademarks and/or registered trademarks of Phoenix Technologies Ltd. All other trademarks are the property of their respective owners.

Safe Harbor

The statements set forth above include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, the Company's vision for PC 3.0 based on Phoenix HyperSpace. These statements involve risk and uncertainties, including: technical challenges and delays, including code bugs and glitches; the product offerings of competitors, especially with respect to functionality and time-to-market; price competition; our ability to successfully market and sell the HyperSpace platform to our customers; our dependence on key customers; the ability of our customers to introduce and market products that incorporate and leverage the HyperSpace platform; end-market demand for applications that may be enabled by the HyperSpace platform; our ability to attract and retain key personnel; product and price competition in our industry and the markets in which we operate; our ability to successfully compete in new markets where we do not have significant prior experience; failure to protect our intellectual property rights; and changes in our relationship with leading software and semiconductor companies. For a further list and description of risks and uncertainties that could cause actual results to differ materially from those contained in the forward looking statements in this release, we refer you to the Company's filings with the Securities and Exchange Commission, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements included in this press release are based upon assumptions, forecasts and information available to the Company as of the date hereof, and the Company assumes no obligation to update any such forward-looking statements.

Investor Relations Contacts: Phoenix Technologies Ltd. Richard Arnold Chief Operating Officer and Chief Financial Officer Tel. +1 408 570 1000 investor_relations@phoenix.com Sapphire Investor Relations Erica Mannion Tel. +1 212 766 1800 x 203 Investor_relations@phoenix.com

SOURCE Phoenix Technologies Ltd.

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