press release

Santa Clara, Calif., November 13, 2000 -- PortalPlayer Inc., a Memory Stick® licensee that produces platform solutions for digital audio, today announced that it plans to support Sony's OpenMG™, MagicGate™ and ATRAC3™ digital media technologies in products it is developing for release in 2001.

PortalPlayer's Tango™ Digital Media platform, the industry's first platform for portable consumer electronics products that support the encoding and playback of digital audio files without using a personal computer, already supports Memory Stick media. Planned support for OpenMG, MagicGate and ATRAC3 reinforces PortalPlayer's commitment to providing its customers with complete platform solutions that support both secure and open delivery and management of digital media.

PortalPlayer is demonstrating its current hardware platform in the Memory Stick Pavilion at COMDEX, November 13 - 18. The demonstration highlights the encode and decode capabilities of its Tango Media Player platform by capturing music from a CD player onto Memory Stick media, with instant playback directly from the Memory Stick.

About PortalPlayer's Platform

PortalPlayer offers complete system solutions for new consumer electronics products with digital audio downloading, encoding and playback capability. Platforms are targeted at next generation entertainment products including portable MP3-type player/recorder systems, hybrid systems combining CD and digital audio player/recorders, and hard-drive equipped digital audio jukeboxes.

Typical platforms include:

• A single-chip IC supporting real-time encoding and decoding of digital audio content, supporting SDMI-compliant and open format implementations
• Device firmware including a range of decoders and encoders, audio post processing, comprehensive digital rights management and embedded real-time operating system (RTOS)
• PC media management software
• Highly integrated system-on-chip design supporting seamless interfaces to multiple storage media formats
• A network of technology partners and business alliances for digital formats, content, services, security, payment and related capabilities.

About PortalPlayer, Inc.

PortalPlayer, Inc. supplies consumer electronics manufacturers with complete platform solutions for open and secure delivery and management of digital media via the Internet. The company develops and markets advanced systems for digital audio recording and playback, using MP3 and other popular digital compression technologies, tightly integrated with e-commerce and digital rights management. Founded in May 1999, PortalPlayer is headquartered in Santa Clara, California, with major operations in Seattle, Washington, and Hyderabad, India. The company has received two rounds of venture funding from Chase Capital, Techfund Capital, FlatIron Partners, MP3.com, and individual investors. More information on PortalPlayer, Inc., and its products is available on the company's website, //www.portalplayer.com.

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-- PortalPlayer, the PortalPlayer logo and Tango are trademarks of PortalPlayer, Inc. All other trademarks or registered trademarks are the property of their respective owners.