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Technology Stocks : Diamond Multimedia

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To: Jonathan Quick who wrote (3610)7/6/1998 1:25:00 PM
From: Mike Boiko  Read Replies (2) of 4679
 
Diamond Multimedia Selects S3's Savage3D for Next-Generation Graphics Products....

SANTA CLARA, Calif., July 6 /PRNewswire/ -- Highlighting the growing industry demand for its Savage3D(TM) accelerator, S3(R) Incorporated (Nasdaq: SIII - news) today announced that Diamond Multimedia Systems, Inc. (Nasdaq: DIMD - news) has selected Savage3D as the basis for a new high-performance graphics add-in card.

Targeted to be available for the Christmas '98 buying season, this retail and OEM graphics solution brings a new level of 3D performance and multimedia capabilities to market with Savage3D's Microsoft-endorsed texture compression technology, highly optimized AGP 2X interface, industry-first single cycle trilinear filtering and high-quality video/DVD playback.

''As evidenced by recent reviews from Next-Generation Online and c/net Gamecenter.com, Savage3D is quickly reestablishing S3 as the technology leader in PC graphics,'' said Dan Karr, vice president of Worldwide Sales, S3 Incorporated. ''Working closely with industry leaders such as Diamond Multimedia, we are focused on continuing this momentum with Savage3D-based solutions available to end-users by the end of this summer.''

''At CGDC, S3 said they would deliver next-generation technology and they have - providing excellent 2D, 3D and DVD performance,'' said Scott Vouri, vice president and general manager of the Core Graphics Business Unit at Diamond Multimedia. ''Based on preliminary performance benchmarks and a long history of doing business with S3, we believe that Savage3D is a compelling solution for 1998.''

About the Savage3D Accelerator

Savage3D outperforms all shipping 3D accelerators in AGP performance, trilinear mip-mapping, texture compression and DVD/video processing. In addition, Savage3D is the first 3D accelerator to include S3TC(TM), which was selected by Microsoft as the standard compression technique in DirectX(R). By compressing data up to 1/6 the normally required space, S3TC enables Savage3D to deliver 4X AGP performance and essentially doubles the chip's frame buffer size by allowing more textures to be stored.

''As the first chip to support Microsoft's new texture compression scheme in DirectX 6.0, S3's Savage3D has clearly taken a lead in the market,'' said Dr. Jon Peddie of Jon Peddie Associates (Tiburon, CA). ''This feature will give S3 a six month lead over competitors and, in this market, that can make a difference.''

For more detailed information about Savage3D and to access detailed white papers, photos, screen shots, product sheets, and press releases, log onto the S3 website at www.S3.com and click on the Savage3D logo located on the front page.

About Diamond Multimedia

Diamond Multimedia is driving the interactive multimedia market by providing advanced solutions for home, business and professional desktop computer users, enabling them to create, access and experience compelling new media content from their desktops and through the Internet. Diamond accelerates multimedia from the Internet to the hard drive with products that include the Stealth and Viper series of media accelerators, the Monster series of entertainment 3D and sound accelerators, the Fire series of professional 3D and SCSI accelerators, and the Supra series of modems. Diamond also markets DVD and video phone kits. Diamond's common stock is traded on the Nasdaq Stock Market under the symbol DIMD, and its web site address is www.diamondmm.com.

About S3 Incorporated

S3 Incorporated, founded in 1989 with headquarters in Santa Clara, California, is the world's largest supplier of multimedia acceleration hardware and its associated software.* S3 is committed to applying its expertise in 2D graphics, 3D graphics, and video to create innovative and affordable products for the home, desktop and mobile markets.

Except for historical information contained herein, the matters set forth in this press release, such as statements relating to the market acceptance of Savage3D, Savage3D's performance and the timing and availability of products, 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 the company's foundries to ramp Savage3D to volume production in a timely manner, market acceptance of the company's and its customers' new products, and other risks detailed from time to time in S3's SEC reports, including its Quarterly Report on Form 10Q for the three months ended March 31, 1998. S3 is a registered trademark of S3 Incorporated. The S3 corporate logo, Savage3D and S3TC are trademarks of S3 Incorporated. Other marks referenced herein are the property of their respective owners.

* Source: Jon Peddie Associates (Tiburon, CA)
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