Tribeworks Releases iShell 3; Announces Co-Promotion with Intelligent Assistance

'Operation Productivity' Brings Freedom and Fun to Former Macromedia Director(r) Users


SAN FRANCISCO, April 22, 2003 (PRIMEZONE) -- Tribeworks, Inc. (OTCBB:TRWX), makers of iShell and iShell Mobile Edition, have announced the formal release of iShell 3, a fully cross-platform digital media authoring tool for the creation of e-learning solutions, CD and DVD-ROMs, kiosks and internet applications.

To celebrate the increased productivity iShell delivers, Tribeworks has teamed with Intelligent Assistance, award-winning makers of expert database resource software to create "Operation Productivity" a unique promotion for existing Macromedia Director and Macromedia Authorware(r) customers. Current owners of any of the Intelligent Assistant products are also eligible for the promotion.

"iShell 3 is saving digital media developers time and money, while bringing the fun back into interactive media development," said Duncan Kennedy, President and CEO of Tribeworks. "Our co-promotion with Intelligent Assistance allows developers to escape from a quagmire of arcane and proprietary scripting languages."

Philip Hodgetts, President of Intelligent Assistance, said, "We rely on iShell as our development and delivery mechanism for our large and resource-rich products that support users of creative software like Final Cut Pro, Boris Red, Boris FX, After Effects and more. iShell's ability to let us rapidly update and change our product as these other tools are upgraded is essential. iShell's relatively easy learning curve and cross platform ability enables content creators, the typical users of our products, to add interactivity and ship multimedia titles in a fraction of the time it would take them to do it using other tools."

The special offer, which begins today and runs through May 16, 2003, includes iShell 3 for Mac OS X, iShell 3 for Windows and an Intelligent Assistant product of the buyer's choice for just $699. (A discount of up to 40% from a list price of $1,124.)

iShell 3, the latest offering from Tribeworks, is a cross platform, multimedia authoring tool that has full QuickTime integration, Mac OS X support, native XML support, Unicode capability and MPEG-4 A/V support.

The Intelligent Assistant products provide on-the-job reference and at-the-point-of-need training at a level that is useful regardless of the user's experience level. The Intelligent Assistants contain fully searchable databases of text, images and movies delivered via a unique floating interface on screen. The user can learn and apply that knowledge while working in the software tool itself. Intelligent Assistants take the "hard" out of software and liberate users to bring their vision to life.

For more information about the promotion and Tribeworks visit www.tribeworks.com, and for more information on the Intelligent Assistant suite of products visit www.intelligentassistance.com.

About Tribeworks:

Tribeworks, Inc. (OTCBB:TRWX) develops software for creating and delivering next-generation rich-media applications for the internet, wireless and fixed media. Tribeworks is headquartered in San Francisco with a wholly owned subsidiary in Tokyo.

About Intelligent Assistance:

Intelligent Assistance, Inc. is the leading developer of CD-ROM and online expert Knowledge Bases for the digital media content creation industry. It is at the cutting edge of applying proven techniques for "Knowledge at the Point of Need" to creative applications that provide answers for users when they are creating and editing.

Safe Harbor Statement: This press release contains statements that are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements, including but not limited to, the statements regarding future profitability, are not based on historical fact, but rather reflect the Company's current expectations concerning future events. By their nature, these forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be different from those projected in any forward-looking statements. The following important factors, among others, may cause actual results or developments to differ materially from those expressed or implied by the forward-looking statements: competitive pressures, availability and cost competitiveness of supplies or competing products, market acceptance of iShell and other risks and uncertainties described in Tribeworks' reports to the Securities and Exchange Commission. The Company hereby disclaims any obligation to publicly update the information provided above, including forward-looking statements, to reflect subsequent events or circumstances.

The faces logo, Tribeworks and iShell are trademarks or registered trademarks of Tribeworks, Inc. in the United States and other countries. All other trademarks are the property of their respective owners.



            

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