RAVISENT Technologies Inc., a provider of digital audio and video software solutions, announced today that Microsoft� Corporation has selected RAVISENT to be the provider of DVD playback software for its eagerly awaited Xbox(TM) video game system.

Under the terms of the five-year agreement, Microsoft is licensing RAVISENT's CineMaster DVD engine for DVD playback on the Xbox. Scheduled for launch in the Fall of 2001, Xbox is designed around an Intel processor and a custom chipset from NVIDIA� Corporation. Utilizing RAVISENT's CineMaster DVD engine optimized for the Xbox graphics processing unit, the Xbox is expected to provide users with the highest quality video and audio performance on the market today

This product offering is part of an emerging effort by RAVISENT to capitalize on its extensive consumer electronics and PC entertainment technology experience, in order to bring the latest video innovations to the gaming community. Video gaming is a growing market, and video game consoles are quickly becoming a standard part of home entertainment centers.