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PHOENIX TECHNOLOGIES AND OPERA SOFTWARE PARTNER TO DELIVER THE FASTEST-LOADING BROWSER PLATFORM OPTIMIZED FOR PHOENIX HYPERSPACE™

MILPITAS, CA: November 5, 2008 — Phoenix Technologies Ltd. (NASDAQ: PTEC), the global leader in core systems software, today announced a partnership with Opera Software ASA (OBX: OPERA) to develop the fast-loading Opera Browser optimized for the HyperSpace platform that will deliver instant-on access to the Internet for mobile PCs. Phoenix HyperSpace is a unique, virtual computing environment that can host instant-on applications and specialized, secure computing services that can run independently of Windows while the operating system boots up, is running or shuts down.