MGI Secures Licensing Agreement with Epson To Package Imaging Software with the PhotoPC 3000Z

CAMPBELL, CA, and TORONTO, ONT. - May 25, 2000 - MGI today announced that Seiko Epson Corp. will ship PhotoSuite III SE and Photovista 1.3 with the new Epson PhotoPC 3000Z digital cameras in Europe and Asia. The Epson PhotoPC 3000Z captures 3.3 megapixel still photos, which optimizes output quality for home printing and photo finishing at photo retailers.

The addition of MGI PhotoSuite III will immediately provide photo editing, publishing, and sharing capabilities, while Photovista will allow users to create 360° panoramas from their photos to email or post to the web. The camera will cost US, and will be available in May.

Cameras like the Epson PhotoPC 3000Z are among the first to capture in a high enough resolution for consumers to produce superior quality 8"x10" prints as well as rich images for the Web. These third generation cameras, combined with third generation, feature-rich photo software such as PhotoSuite III, produce outstanding results for consumers, and outstanding demand in the market for both hardware and software technology.