During the fiscal year ended September 30, 2009, the Company submitted a proposal to the Taiwan National Tax Authority for a re-examination of the allocation of expenses under Taiwanese transfer pricing guidelines for the fiscal years 2000 through 2006. The Company has now received final tax assessments from the TNTA in respect of each of these years that are in accordance with the proposal submitted by the Company. The assessments call for total tax and interest payments of approximately $4.0 million, of which approximately $1.9 million had previously been paid by Phoenix. Accordingly, during the current fiscal quarter ending December 31, 2009, the Company intends to make payments to the TNTA totaling $2.1 million in final settlement of its liabilities for taxes and interest for these years.

In accordance with its policies regarding the accounting for uncertain tax positions, the Company had previously recorded tax and interest expenses totaling approximately $9.2 million for the relevant years. As a result of the settlement, the final assessment of $4.0 million, and the intended payment described above, the Company now expects to record a net reduction of tax expense relating to these years of approximately $5.2 million in the current fiscal quarter ending December 31, 2009.

"We are very pleased to have finally settled this long standing transfer pricing dispute with the TNTA and to have settled our tax liability for fiscal years 2000 to 2006," said Richard Arnold, COO and CFO of Phoenix Technologies, Inc. "We continue to work with the TNTA in respect of fiscal years 2007 and 2008 and are hopeful of reaching an acceptable settlement in respect of those additional years over the coming months."

About Phoenix Technologies Ltd.

Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies, pioneers open standards and delivers innovative solutions that enable the PC industry's top system builders and specifiers to differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products and services -- SecureCore Tiano, Embedded BIOS, Phoenix Freeze, FailSafe, HyperSpace, and eSupport.com -- are revolutionizing the PC user experience by delivering unprecedented performance, security, reliability, continuity, and ease-of-use. The Company established industry leadership and created the PC clone industry with its original BIOS product in 1983. Phoenix has over 215 technology patents issued and pending, and has shipped firmware 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 SecureCore, SecureCore Tiano, Embedded BIOS, Phoenix Freeze, FailSafe, HyperSpace, PC 3.0, eSupport.com and the Phoenix Technologies logo are trademarks and/or registered trademarks of Phoenix Technologies Ltd. All other marks are the marks of their respective owners.

    Investor Relations Contacts:
    Phoenix Technologies Ltd.
    Richard Arnold
    Chief Operating Officer and Chief Financial Officer
    Tel. +1 408 570 1256
    investor_relations@phoenix.com

    The Piacente Group, Investor Relations
    Kristen McNally or Brandi Floberg
    Tel. +1 212 481 2050
    phoenix@thepiacentegroup.com

SOURCE Phoenix Technologies Ltd.

http://www.phoenix.com

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"Wanderport's circuitry production agreement with Gold Phoenix Technologies Ltd. provides us with an enormous growth opportunity considering the microwave energy water heater's unique proprietary engineering and the massive size of the worldwide water heater market. We believe it will revolutionize the industry standard and we are very pleased to be involved in the product launch," said John Boucher, Operations Officer at Gold Phoenix Technologies Ltd.

Pursuant to a recent factory visit by Robert Simoneau, Head of Wanderport's Technological Research and Development, Mr. Simoneau stated that, "Wanderport is now capable to undertake future supply commitments resulting from its agreement with Golden Phoenix since they are now a key supplier offering high quality circuitry at reasonable prices without the risk of compromising intellectual property."

About Wanderport Corporation: Wanderport Corporation is a holding and business development company specializing in the investment and deployment of environmentally friendly technology such as, primary alternative, renewable energy and energy saving products like electric vehicles which reduce global dependence on oil. Pulsar Advanced Technologies was the proud recipient of the 2005 TIPTA award (TCA; Toronto Construction association, Innovative Product and Technology Award), recognizing excellence in innovation in product or technology development, or its application.

Important Information About Forward-Looking Statements: Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services to be offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating efforts.

For more information: www.wanderport-ir.com

Contact:
Spoke Investor Relations Services
WDRP@Spoke-IR.com
+1 (647) 351-7477 (SIRS)

SOURCE: Wanderport Corporation

http://www.wanderport-ir.com
mailto:WDRP@Spoke-IR.com

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

"All-day, instant-on and always-connected mobile computing is the very foundation of our PC 3.0 vision," said Woody Hobbs, President and CEO of Phoenix Technologies. "Consumers expect their notebook PCs and netbooks to perform with the speed, predictability and agility of smartphones and Phoenix is very pleased to be working with Samsung to offer this user experience to Samsung's notebook and netbook product lines. We want consumers to fall in love with their PCs."

Mobile PC users are driving the demand for ultra-mobile PCs and netbooks, an emerging category of small, lightweight and inexpensive computing devices with exploding sales. Gartner predicts netbook shipments will reach 25 million units by the end of the year. As a mobile device aimed at today's on-the-move consumers, netbooks work best with a light footprint and highly efficient operating system to deliver instant all-day connectivity to the Internet and web-based applications.

Samsung's PC division executives said, "As the world's fastest growing vendor in the ultra mobile computing market, Samsung is committed to bring to market innovative technology solutions that simplify consumers' lives. Working with Phoenix, we plan to deliver next-generation mobile devices with innovative and intuitive on-the-go computing solutions that fit the emerging needs and desires of our mobile consumers."

"Samsung and Phoenix are jointly working to meet consumer needs for instant-on PCs and all-day mobile computing devices," said leading industry analyst and mobile PC futurist Tim Barjarin of Creative Strategies. "With HyperSpace, Phoenix is on track to change the way people actually use a PC. Consumers will now be able to use Samsung netbooks throughout the day and have smart connectivity options just like smartphones."

To learn more about Phoenix's instant-on operating system, please visit www.hyperspace.com .

About Phoenix Technologies Ltd.

Phoenix Technologies Ltd. (Nasdaq: PTEC), the leader in PC 3.0(TM) products, services and embedded technologies, pioneers open standards and delivers innovative solutions that enable the PC industry's top system builders and specifiers to differentiate their systems, reduce time-to-market and increase their revenues. The Company's flagship products and services -- SecureCore Tiano, Embedded BIOS, Phoenix Freeze, FailSafe, HyperSpace, and eSupport.com -- are revolutionizing the PC user experience by delivering unprecedented performance, security, reliability, continuity, and ease-of-use. The Company established industry leadership and created the PC clone industry with its original BIOS product in 1983. Phoenix has over 210 technology patents issued and pending, and has shipped firmware 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 SecureCore, SecureCore Tiano, Embedded BIOS, Phoenix Freeze, FailSafe, HyperSpace, PC 3.0, eSupport.com and the Phoenix Technologies logo are trademarks and/or registered trademarks of Phoenix Technologies Ltd. All other marks are the marks of their respective owners.

Safe Harbor

The statements in this release 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, regarding, but not limited to, the availability of Samsung PCs with HyperSpace technology and how our collaboration with Samsung will benefit end users. These statements involve risk and uncertainties, including: unexpected technical challenges and delays, including defects, errors, code bugs and glitches; unexpected challenges relating to our relationship with Intel; our ability to successfully compete in new markets where we do not have significant prior experience; competing technology and offerings of competitors; demand for our products and solutions; our ability to hire and retain key employees; and our ability to protect our intellectual property rights. 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 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.

Contact:
    Shauli Chaudhuri
    VP of Marketing and Communications
    Phoenix Technologies Ltd.
    Tel : +1-408-570-1060
    public_relations@phoenix.com

Shauli Chaudhuri, VP of Marketing and Communications of Phoenix Technologies
Ltd., +1-408-570-1060, public_relations@phoenix.com