NEWS RELEASE
For Immediate Release

Contact:

Jaime Saeger
Marketing Director
+1 (813) 875-7575 x320
marketing@jpg.com
Pegasus Imaging Corporation
4001 N. Riverside Drive
Tampa, FL 33603 USA
www.pegasusimaging.com


MYFAMILY.COM, INC. AND PEGASUS IMAGING CORPORATION ENTER AGREEMENT ON JPEG 2000

TAMPA, FL, April 17, 2003 - Pegasus Imaging Corporation, the leader in digital imaging technology, today announces a licensing agreement with MyFamily.com, Inc. for the use of Pegasus Imaging's JPEG 2000 image compression library within MyFamily.com. This website is among the largest subscription websites on the Internet. Pegasus Imaging's highly optimized compression will increase the processing and transmission speed of millions of images on the website and vastly improve efficiency. Specific terms of the agreement were not disclosed.

MyFamily.com, Inc. will utilize the PICTools JPEG2000 software development kit (SDK) to handle millions of TIFF and JPEG 2000 images on a daily basis. This SDK provided a solution that was fast, stable, thread-safe and able to handle the massive volumes they handle every day.

"I saw Pegasus Imaging's claim of being the fastest JPEG 2000 SDK on the market so I investigated this to see if it was true. So far I have not found anybody faster," claims Greg Parkinson, senior engineer at MyFamily.com, Inc.

"Having our JPEG 2000 toolkit utilized by a highly regarded Internet company that handles millions of images speaks volumes about the speed and quality of this technology," says Marc Brechwald, color imaging business development manager at Pegasus Imaging. "We're very pleased to form this partnership with a company like MyFamily.com. At the same time, they were also hoping for a more responsive support team than they were currently working with, so I think this will be a mutually rewarding partnership."

About Pegasus Imaging
Founded in 1991 and headquartered in Tampa, Florida, Pegasus Imaging Corporation delivers digital imaging software development components, image compression and image editing technologies. The company exceeds speed and quality requirements for document imaging, forms processing, medical imaging, color/photo imaging, video applications and more. Technology is delivered as Microsoft .NET controls, COM controls, VCLs, DLLs and applications. Multiple platforms are supported, including Windows, Linux, Solaris, IBM AIX and Mac. Visit www.pegasusimaging.com for more information.

About MyFamily.com, Inc.
MyFamily.com, Inc. is among the largest online subscription businesses on the Internet with more than 7 million people using its Web resources every month. A next-generation media company, MyFamily is focused on connecting families with their histories and one another. The company provides both free and paid subscription services through its network of Internet properties. The Company also publishes Ancestry magazine, Genealogical Computing magazine, Ancestry Family Tree software, over 50 book titles, and databases on CD-ROM.

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