ISILK UNVEILS FREE WEB TRANSLATION PRODUCT AT INTERNET WORLD ASIA

FOR IMMEDIATE RELEASE

ISILK UNVEILS FREE WEB TRANSLATION PRODUCT AT INTERNET WORLD ASIA

Singapore conference to showcase debut of iSilk Cobrowser multilingual tool providing instant English-Chinese translation as users surf

HONG KONG - February 28, 2000 - iSilk.com, an Internet software company developing navigation and communication applications, announced its participation in the Internet World Asia expo being held in Singapore from March 1-3. Cosponsors of the Media conference which takes place February 29th at 10:00 A.M., iSilk will be giving a live presentation demonstrating the beta release of their free multilingual translation tool.

The iSilk Cobrowser is a next-generation browser companion that brings users multilingual content, including instant Chinese-English translation, as they surf. Operating with and residing within current browsers, the free cobrowser is offered in two versions: the iSilk Cobrowser, a fully functional no-download version which works straight off the web: and the downloadable iSilk Turbo Cobrowser that automatically embeds directly into browsers to provide enhanced speed and performance.

"We're very excited about Internet World Asia 2000," said iSilk Founder and CEO Prof. Dekai Wu. "This is a watershed moment for the Internet in the region, and we're looking forward to sharing our translation product with the public, helping to further facilitate the phenomenal growth of the web in Asia."

iSilk will also be hosting an invitation only VIP lounge where special guests will view a private multimedia demonstration of current and future iSilk products.

To begin surfing with the iSilk Cobrowser, users can visit www.isilk.com. More tools will soon be added to the cobrowser to further enhance web browsing with other new capabilities.

ABOUT ISILK

The iSilk technical team has been a trailblazer in the cobrowser arena since 1996, spending years of research perfecting the platform and its tools to an unparalleled depth and precision. iSilk's founders have continuously pioneered leading-edge language processing and related technology since 1984. iSilk spun off commercially via the Hong Kong government's high-tech incubation arm (HKITC), and raised Series A in Q3 1999.

PARTNERS

iSilk has been building a network of partners including Intel, Fox News, Fox Sports, CNET, ZDNet, and Headlight.com, with others to be announced soon.

TEAM ISILK

Dr. Dekai Wu is Founder, Chairman and CEO of iSilk. He is a tenured Associate Professor of Computer Science at the Hong Kong University of Science and Technology, having received his PhD in Computer Science in 1992 from U.C. Berkeley. His R&D work experience has included University of Toronto, Columbia University, Technical University Munich and Bell Laboratories.

iSilk's management team includes senior executives who have joined from Intel, Bechtel, and other major corporations to help iSilk "compress time" on its strategic launch roll-out.
Craig LaGrow (CMO), Graham Edwards (COO), and Robert Fung (CFO) specialize in applying their 30+ years aggregate management experience in the computer technology industry to emerging growth companies (a recent example being MySimon).

The company maintains offices in San Francisco, Hong Kong, and Shenzhen (China), and has built a team of over 30 including 20 highly qualified R&D staff.

PLACE/TIME

March 1-2 10:00 - 18:00, March 3 10:00 - 16:00
iSilk VIP Lounge: 2A48 Singapore International Convention and Exhibition Centre

CONTACT

David Florey
Director of Corporate Communications
iSilk.com
539 Bryant Street, Suite 304
San Francisco, CA 94107 USA
TEL +1 415 369 0288
FAX +1 415 369 0289
dflorey@iSilk.com

Tech Center, HKUST
Clear Water Bay, Hong Kong
TEL +852 2776 2325
FAX +852 2243 0787

Editors note: iSilk, iSilk.com, iSilk Cobrowser, iSilk Turbo Cobrowser, and Xtrapolate are all trademarks of iSilk. All other names are trademarks and/or registered trademarks of their respective owners.

Copyright Ó 2000 iSilk. All rights reserved.