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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: BillyG who wrote (44252)8/30/1999 11:56:00 AM
From: .com  Respond to of 50808
 
Monday August 30, 11:13 am Eastern Time

Company Press Release

C-Cube Powers ATI's Consumer PC TV Timeshift and Video Editing Add-in
Board

MILPITAS, Calif.--(BUSINESS WIRE)--Aug. 30, 1999--C-Cube Microsystems (Nasdaq: CUBE - news) today announced that it will power a new ATI (TSE: ATY,
Nasdaq: ATYT) PC video add-in board that gives consumers the ability to watch, record and timeshift TV programs as well as edit home videos in the high quality
MPEG-2 format.

The new board, ATI-Video Wonder(TM), takes advantage of C-Cube's DVxplore(TM) MPEG-2 CODEC with its simultaneous two-way record/playback capability. The
board will be available in Q4, 1999.

``TV Timeshifting and MPEG-2 video editing are exciting new applications for the PC platform,' said Fermi Wang, vice president and general manager of C-Cube's
PC/CODEC Division. ``Products such as the ATI-Video Wonder give consumers a new model for interacting with television as well as the ability to digitally edit, store
and distribute home videos.'

``Our selection of C-Cube as a partner was based on its experience, expertise and ability to deliver the highest quality integrated MPEG-2 encode and decode
solution,' said Alan McCann, director of the Visual Products Group, ATI. ``By integrating the C-Cube DVxplore CODEC into ATI-Video Wonder, we have produced the
ultimate video upgrade.'

About DVxplore

DVxplore is the first and only available single-chip MPEG-2 CODEC (encoder and decoder), allowing a new generation of consumer recordable digital video
applications on the PC and in consumer devices.

About ATI

ATI Technologies Inc., the world's largest supplier of 3D graphics and multimedia technology, designs, manufactures and markets innovative and award-winning
multimedia solutions and graphics components for the personal computer, set-top box and consumer electronics appliance markets. An ISO 9002 company, ATI is
the world's leading supplier of video and 2D/3D graphics accelerators to OEM and retail customers.

Founded in l985, ATI employs more than 1,700 people at headquarters in Thornhill, Ontario, and in offices in the United States, Germany, France, the United
Kingdom, Ireland, Barbados, Malaysia, Japan and Hong Kong. ATI is a public company whose shares trade on the Toronto Stock Exchange and NASDAQ. For other
ATI news releases visit the ATI web site at ati.com.

About C-Cube

C-Cube Microsystems Inc. is the industry leader in the development and delivery of highly integrated digital video silicon and systems solutions. C-Cube's
Semiconductor Division delivers highly integrated digital video silicon and systems solutions for the communications and consumer electronics markets, including
digital set-top boxes and DVD. C-Cube's DiviCom Division is a leader in the deployment of digital video networks. DiviCom's products include broadcast encoders,
system multiplexers, and network system management equipment.

C-Cube is headquartered in Milpitas, California with offices in North America, Europe, and Asia. Its stock is traded on the Nasdaq under the symbol CUBE. C-Cube
can be reached at +1.408.490.8000 or on the World Wide Web at c-cube.com. C-Cube's DiviCom Division is based in Milpitas, Calif. and can be reached
at +1.408.944.6700 or on the World Wide Web at divi.com.

More information about DVxplore can be found at c-cube.com.

C-Cube and the C-Cube logo are registered trademarks of C-Cube Microsystems Inc. DiviCom is a registered trademark of DiviCom, Inc. All other trademarks and
registered trademarks are property of their respective companies.

Contact:

C-Cube Microsystems
Molly McCarthy, 408/490-8017 (Public Relations)
molly.mccarthy@c-cube.com
or
Steven Horwitz, 408/490-8561 (Investor Relations)
steven.horwitz@c-cube.com



To: BillyG who wrote (44252)8/30/1999 11:58:00 AM
From: Black-Scholes  Read Replies (2) | Respond to of 50808
 
Stockbug, welcome to the travails of trading stocks. "Shorts" have every incentive to spread disinformation. That's their M.O. for God sakes. But facts are stubborn things and if one has the facts to defend the truth then disinformation or misinformation can be easily defused - as we all did just now.

That being said, I truly am tired of the arrogance of CUBE's management. I state once again: Management should defend their valuation with a simple statement. Companies far more venerable than CUBE do it all the time.