MONTREAL. July 16, 1999 - Guillemot and Ferrari today announced that they have entered into an exclusive worldwide licensing agreement, which will see the Ferrari name and logo on Guillemot's PC and console driving accessories, available from this Fall.

"Ferrari's unique heritage, commitment to excellence and technology make it the most prestigious brand in the car and racing industry. Symbolizing, above all, the best in engineering, Ferrari is synonymous with a winning spirit, which we value the most" - states Claude Guillemot, President of Guillemot Corporation. "We are very proud to associate our name with such an eminent company that is so dedicated to success."

"We chose to work on this program with Guillemot due to its leading expertise in gaming products. Racing enthusiasts and Ferrari fans will live an exciting new experience" - says Alessandro Furfaro, Managing Director of Ferrari Idea.

Guillemot and Ferrari will work together to design future driving accessories. This collaboration will allow Guillemot to create products which offer consumers the ultimate racing experience.