For more information, contact:
A&R Partners for Be, Incorporated
Lisa Auslen, 650/762-2805
lauslen@arpartners.com
In Europe:
Be Incorporated
Marie-Francoise Lelong-Weinberg, +33 (0)1 55 91 77 36
mflelong@beeurope.com
Be Announces Software Licensing Agreement with Compaq for Internet Appliances
MENLO PARK, Calif., Dec. 20, 1999 -- Be Incorporated (Nasdaq: BEOS) today announced that it has entered into a licensing agreement with Compaq Computer Corporation (NYSE: CPQ) that allows Compaq to pre-install and distribute Stinger, Be's software platform for Internet appliances, on Compaq's Internet appliance computing devices. The parties are currently working together on joint development and sales initiatives in connection with this license agreement. The agreement is not exclusive for either party and it does not contain any minimum purchase commitments on the part of Compaq.
Stinger is Be's software solution designed for the creation of appliances that deliver information and entertainment over the web. Based on BeOS, Stinger is fully customizable, offers a complete browser and supports popular streaming audio and video standards.
About Be Incorporated
Founded in 1990, Be Incorporated creates software platforms that enable rich media and web experiences on personal computers and Internet appliances. Be's headquarters are in Menlo Park, California, with offices in Paris and Tokyo. It is publicly traded on the Nasdaq National Market under the symbol BEOS. Be can be found on the web at http://www.be.com/.
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Be Incorporated Forward Looking Statements
The statements contained in this Press Release that are not historical facts are ``forward-looking statements'' including without limitation statements regarding the future availability and performance of Internet appliances, market penetration and market acceptance of BeOS including those intended for the Internet appliances market, and the benefit of such products to customers, appliance manufacturers and developers. Actual events or results may differ materially as a result of risks facing Be Incorporated or actual results differing from the assumptions underlying such statements. Such risks and assumptions include, but are not limited to, risks and uncertainties related to the competition and market acceptance of BeOS especially for the Internet appliances market, our ability to establish and maintain strategic relationships and our ability to meet customer and developer demands, product development and continued availability of third party BeOS applications. All forward-looking statements are expressly qualified in their entirety by the ``Risk Factors'' and other cautionary statements included in Be Incorporated's prospectus filed pursuant to Rule 424(b) of the Securities Act of 1933 on July 20, 1999 (Commission File No. 333- 77855), and other public filings with the Securities and Exchange Commission.
Be and BeOS are trademarks or registered trademarks of Be Incorporated in the United States and other countries. Other brand product names are registered trademarks or trademarks of their respective holders. All rights reserved.