WATSONVILLE, CA - February 17, 2000 - Aladdin Systems, Inc., a wholly owned subsidiary of Aladdin Systems Holdings, Inc. (OTC: ALHI), today announced it is now shipping HotTime™ for the Palm OS™. With HotTime, users can ensure that they have the correct time and date on their Palm handheld. HotTime works with Windows or Macintosh computers. The acquisition of HotTime from AVStor moves Aladdin into the Palm OS market for the first time, growing Aladdin's investment in the future of this popular OS. HotTime automatically synchronizes a user's desktop clock and Palm Pilot™ or Handspring Visor™ every time the user performs a HotSync, ensuring timely notification of meetings, dates and other important and timely information. HotTime also works well with automatic time-setting utilities found on the Internet- to ensure both the computer and the handheld have accurate times set. HotTime is a simple tool for updating Palm OS organizers and fits with Aladdin's TAO mission (providing users with products that helpTransmit, Access and Organize their information). "With HotTime, Aladdin makes its entry into a hot-growth OS market," said Aladdin CEO, Jonathan Kahn. "This key strategic move prepares us to expand Aladdin's product and technology in the Palm OS market. HotTime is the ideal product introduction for Palm users to 'meet' Aladdin."