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Virage CEO Acquires Shares On the Open Market

SAN MATEO, Calif. - September 5, 2002 - Virage [NASDAQ: VRGE] today announced that Paul G. Lego, chief executive officer, purchased 209,400 shares of Virage stock on the open market over the past four weeks at an average price of $0.72 per share. The purchases were completed during the company's open trading window.

About Virage

Established in 1995, Virage is a leading provider of video and rich media communication software. Virage builds integrated rich media business solutions for corporations, media & entertainment companies, universities and government agencies worldwide. Headquartered in San Mateo, California, Virage (www.virage.com) has offices throughout the United States and Europe.

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