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Toshiba Renews Multi-Year Contract With Geoworks

ALAMEDA, Calif., Sept. 19 /PRNewswire/ -- Geoworks Corporation (Nasdaq: GWRX), a leading provider of mobile data software, today announced that Toshiba Corporation, a world leader in high technology, has signed a multi-year license renewal and maintenance agreement for Geoworks' integrated mobile data solution.

  • (Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010124/GWRXLOGO )

    ``We are very pleased to be an integral part of Toshiba's wireless service offerings by providing enabling technology that supports Toshiba in delivering innovative wireless services to leading Japanese companies,'' said Dave Grannan, president and chief executive officer of Geoworks Corporation.

    ``We look forward to continuing to work with Geoworks to develop our wireless service capabilities and support,'' said Tsutomu Kawada, President and CEO of Toshiba Corporation's iValue Creation Company (iVC), the business unit responsible for promoting wireless services.

    Terms of the renewal include a multi-year license renewal and maintenance contract, and a revenue sharing of gross revenues generated by iVC's services running on Geoworks' platform. iVC uses Geoworks' open architecture wireless platform to provide dynamically formatted content like mobile information and m-commerce services via i-mode, EZWeb and J-Sky .

    About Toshiba

    Toshiba Corporation (established in 1875) is a leader in information and communications systems, electronic components, consumer products, and power systems. The company's integration of these wide-ranging capabilities assures its position as an innovator in multimedia components, products and systems. Toshiba has 188,000 employees worldwide, and annual sales of over US$47 billion. Visit Toshiba's web site at http://www.toshiba.co.jp/

    About Geoworks

    Geoworks Corporation provides carrier-grade infrastructure software to enable personalized, real-time access to corporate and Internet data over a wide variety of wireless networks and mobile devices. The Geoworks AirBoss(TM) Application Platform includes client/server software and standards-based SDKs and APIs to enable the rapid development and deployment of mobile data applications and provides advanced capabilities for both carriers and enterprises to manage their mobile data services. Based in Alameda, California, the company has additional offices in New Jersey, Japan and the United Kingdom, and can be found on the World Wide Web at http://www.geoworks.com .

    Statements in this press release that relate to future results and events are based on the company's current expectations. Actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties, including risks related to market developments, the performance of our partners and competition in mobile data software and related services. Additional discussion of these and other factors affecting the company's business and prospects is contained in the company's periodic filings with the Securities and Exchange Commission.

    NOTE: Geoworks and AirBoss are trademarks of Geoworks Corporation.


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