Thursday January 20, 7:02 am Eastern Time
Company Press Release
S3 Partners with Transmeta to Bring Linux-Based Internet Appliances to Market
SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 20, 2000--S3© Incorporated (Nasdaq:SIII - news) today announced that it has partnered with Transmeta Corporation on the design and production of forthcoming Internet devices powered by Transmeta's Crusoe(TM) processor. Part of a larger family of planned Internet appliances from S3, the Transmeta-powered devices are targeted at consumers looking for an x86 compatible, Linux-based Internet computing solution.
``Based on the unparalleled power savings, speed and functionality of our Crusoe processor, S3 is making significant strides toward delivering what we believe will be one of the first true Linux-based Internet devices,' said Jim Chapman, Vice President of Marketing for Transmeta Corporation.
``Through partnerships with technology leaders such as Transmeta, as well as a series of recent acquisitions, S3 is focused on building a sustainable leadership position in emerging high-growth markets such as Digital Audio, Home Networking and Internet Appliances,' said Andy Wolfe, Chief Technology Officer for S3 Incorporated. ``Moving forward, we intend to pursue further acquisitions or partnerships to ensure that we maintain this momentum.'
About Transmeta Corporation
Founded in 1995, Transmeta is a privately held company based in Santa Clara, California. Transmeta develops, in concert with its OEM customers, platform solutions for the Mobile Internet Computing market. Transmeta markets and sells the Crusoe processor solution as the engine for a new class of computers. Crusoe is the only x86 compatible processor solution built to run the large installed base of PC software applications with high performance and extremely long battery life.
About S3 Incorporated
Building on the technology, distribution and brand strengths of its Communications, Multimedia and Professional Graphics divisions, S3 is committed to delivering targeted products for the Personal Computer and Consumer/Internet Appliance markets. Rounding out its PC silicon offerings, S3's recent acquisition of Diamond Multimedia(TM) adds consumer brands such as the Viper(TM) and Stealth(TM) series of graphics accelerators, the Rio(TM) series of Internet audio appliances, the Supra(TM) series of modems, and the HomeFree(TM) line of home networking products.
Except for historical information contained herein, the matters set forth in this press release, such as statements as to S3's ability to build a sustainable leadership position and to consummate further acquisitions, are forward-looking statements that are subject to risk and uncertainties, including the impact of competitive products and pricing and of alternative technological advances, the ability of S3 and Transmeta to develop Internet devices, design, competitive product and other factors that may affect current and potential customers' decisions to use the jointly developed products, and other risks detailed from time to time in S3's SEC reports, including its quarterly report on Form 10-Q for the quarter ended September 30, 1999. S3 is a registered trademark of S3 Incorporated. The S3 corporate logo, Diamond Multimedia, Rio, Viper, Stealth, Supra and HomeFree are trademarks of S3 Incorporated. Other marks referenced herein are the property of their respective owners.
S3 Website Location: s3.com
Transmeta Website Location: transmeta.com |
