ROCHESTER, New York and CUPERTINO, California—May 23, 2000—Eastman KodakCompany today announced it has licensed Apple’s QuickTime™ for future Kodakdigital cameras currently in development. The licensing agreement allowsKodak to build and sell digital cameras that let users quickly and easilycreate video clips in the popular cross-platform QuickTime.

“The ability to use multimedia files in the Macintosh® or Windows operatingenvironments was an important consideration,” said Willy Shih, senior vicepresident, Eastman Kodak Company, and president, Digital & Applied Imaging.“QuickTime is established, broadly used and, most important, easy to use.These are key characteristics when you want to make technology broadlyuseful and fun for consumers.”

“QuickTime is the highest-quality and easiest to use software for sharingvideo, audio and digital images with friends and family over the Internet,”said Philip Schiller, Apple’s vice president of Worldwide Product Marketing.“More than 50 million copies of the QuickTime 4 player have been distributedto Mac and Windows users worldwide and now we’re seeing QuickTime extendbeyond the desktop and into mainstream consumer devices, with Kodak takingthe lead.”

QuickTime supports full motion video and audio capture, editing, andplayback. In addition, it works in both the Apple Macintosh and MicrosoftWindows operating systems.

About Kodak
Eastman Kodak Company is the leader in all aspects ofphotography - traditional, digital and online - with sales of more than $14billion for 1999. Committed to making digital photography easy andaccessible, Kodak is a leading supplier of digital cameras and inkjet media.Kodak offers a range of consumer digital services, including Kodak PictureCD, Kodak PhotoNet online, “You’ve Got Pictures” in cooperation with AmericaOnline and Kodak Picture Disk. Its branded products - Kodak PhotoNet online,AOL’s “You’ve Got Pictures,” kodak.com, along with the emergence of thePrint@Kodak Internet photofinishing service - make Kodak a clear leader inthis emerging field.

About Apple
Apple ignited the personal computer revolution in the 1970s with the AppleII and reinvented the personal computer in the 1980s with the Macintosh.Apple is committed to bringing the best personal computing experience tostudents, educators, creative professionals and consumers around the worldthrough its innovative hardware, software and Internet offerings.

Apple, the Apple logo, QuickTime and Macintosh are either registered trademarks or trademarks of Apple. Other company and product names may be trademarks of their respective owners.