Phoenix Technologies Ltd. Announces CFO Resignation

Randy has resigned as CFO of Phoenix to pursue other interests.Randy Bolten has held the post of Senior Vice President and CFO ofPhoenix since June 2003.

"We thank Randy for his contributions to Phoenix and wish him wellin his future endeavors. The search for a new CFO will beginimmediately. The Company is retaining the services of an executivesearch firm to spearhead an in depth search for a strong new additionto our team," said Albert Sisto, Phoenix' Chairman, President and CEO.

About Phoenix

Phoenix Technologies (Nasdaq:PTEC) is a global market leader indevice-defining software that assures endpoint security, from thestart. The company first established dominant industry leadership 26years ago with BIOS software, currently has over one billion productsdeployed and continues to ship in over 100 million new systems eachyear. From this unique foundation of core system level expertise andfirmware offering the highest levels of reliability, Phoenix hascreated a portfolio of innovative software products that simply andeasily identify and restore devices, thereby ensuring unparalleledendpoint security and availability.

With a focused commitment to the highest levels of customerconfidence and satisfaction, Phoenix serves enterprise and governmentchannel partners, ODMs, OEMs, system builders and ISVs by enablingthem to decrease time to market, differentiate their products, createvalue, increase profits and decrease cost of ownership. Phoenix isheadquartered in Milpitas, California with offices worldwide in globalbusiness and technology centers. For more information, visitwww.phoenix.com.

Phoenix, Phoenix Technologies, the Phoenix Technologies logo, andRecover Pro are trademarks and/or registered trademarks of PhoenixTechnologies Ltd. All other trademarks are the property of theirrespective owners.

Safe Harbor Statement under the Private Securities LitigationReform Act of 1995:

With the exception of historical information, the statements setforth above include forward-looking statements that involve risk anduncertainties. All forward-looking statements included in thisdocument are based upon information available to the Company as of thedate hereof, and the Company assumes no obligation to update any suchforward looking statement. Factors that could cause actual results todiffer materially from those in the forward looking statements arediscussed in the Company's filings with the Securities and ExchangeCommission, including its recent filings on Form 10-K, filed December30, 2005.