TDFX, news of 3 dimensional Linux went unnoticed on Monday. 52wk low is 7 «, hi 23, and we have a long way to go yet with this news. Current price 9 3/8
(COMTEX) B: 3DFX OPEN SOURCES GLIDE API AND RELEASES HARDWARE SPECIFI
B: 3DFX OPEN SOURCES GLIDE API AND RELEASES HARDWARE SPECIFICATIONS 3DFX TAKES
LEADERSHIP POSITION IN 3D GRAPHICS FOR LINUX
SAN JOSE, Calif., Dec 6, 1999 /PRNewswire via COMTEX/ -- 3dfx
Interactive(R) Inc. (Nasdaq: TDFX) today announced that the company is
Open Sourcing its Glide(R) application programming interface (API) and
releasing hardware specifications for all its currently shipping 3D
hardware accelerators. By Open Sourcing Glide and releasing the
specifications, 3dfx is enabling software developers and the Open
Source community to better develop, support, and maintain drivers for
3dfx products across a variety of delivery platforms. Moving forward,
3dfx will focus its internal efforts on developing the industry's best
Direct3D and OpenGL hardware platforms.
"Glide was originally created as a response to the industry's need for
an API that would allow developers to capitalize on emerging 3D
technology," said Al Reyes, director of strategic marketing at 3dfx
Interactive, Inc. "Today we have taken a leadership position in 3D
graphics for Linux and the Open Source community overall by giving
programmers and developers the tools necessary to continue to evolve
the API to keep pace with the rapid improvements in 3D hardware
capabilities."
"By providing Glide and programming specifications to the development
community, we once again demonstrate our commitment to Open Source
technology," said Scott Sellers, executive vice president and chief
technical officer of 3dfx Interactive, Inc. "The release of the API and
the hardware specifications allows for rapid tailoring of drivers and
applications for 3dfx products to suit a variety of platform needs.
This leadership move substantially enhances our ability to become the
standard for cross-platform 3D hardware."
"3dfx has made a bold statement to the Linux community today by Open
Sourcing their proprietary API, Glide," said Linus Torvalds, founder of
the Linux Operating System. "With the Open Sourcing of FXT1 texture
compression and Glide, 3dfx has followed through on its commitment to
Linux. By releasing the specifications for all past and current
hardware, developers will be able to evolve 3D graphics for the Linux
platform and take advantage of the strong features that Voodoo products
deliver."
"The release of Glide to the Open Source community improves the 3D
capabilities of the Linux-based OS," said Erik Troan, Director of
Engineering, Red Hat, Inc. "With the Open Source release of FXT1
texture compression in August followed by today's announcement of Open
Source Glide and hardware specifications, Red Hat sees a real
commitment from 3dfx to become the leading 3D hardware platform for
Linux-based OSes."
3dfx released the initial version of Glide for Voodoo Graphics in 1996.
It was developed by 3dfx to allow developers to easily take advantage
of new 3D hardware features available on 3dfx products. The company
continues to create new groundbreaking digital effects and features
such as the recently announced T-Buffer(TM) technology, bringing
cinematic effects to the PC, and Open Source FXT1(TM) texture
compression, which allows developers to increase texture complexity,
resulting in a more immersive 3D experience for the user.
About 3dfx Interactive 3dfx Interactive is leading the 3D multimedia
revolution in personal computers and consumer products. With its
patented and award-winning graphics accelerator chips, boards and
software, 3dfx provides the technology to create high-impact visual
experiences. The company is recognized worldwide for its ability to
bring the world's finest games, educational content, interactive
entertainment and media-rich business applications to life. 3dfx
products are available through leading PC makers including Compaq,
Dell, Gateway and in retail stores worldwide. 3dfx Interactive has
headquarters in San Jose, Calif., with engineering and manufacturing
facilities in Richardson, Texas, and Juarez, Mexico. 3dfx Interactive
is available on the Web at 3dfx.com.
3dfx Interactive and Glide are registered trademarks and FXT1 and
T-Buffer are trademarks of 3dfx Interactive. All other names may be
trademarks of their respective holders.
SOURCE 3Dfx Interactive, Inc.
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
3Dfx Interactive, Inc. Ticker: TDFX Page 1 of 10
Complete Financials: July 1999 Exchange NASD
Earnings Announcement: October 1999* FY END JAN
ISSUE DATA (12/03/99) PER SHARE DATA RATIOS
Price $ 8.50 EPS (TTM) $ -1.46* P/E (TTM) NM*
52W High $ 23.00 Div. Rate $ 0.00 Yield 0.00 %
52W Low $ 7.50 Book Value $ 9.51 Price/Book 0.89
Shrs Out 24.49 Mil Cash $ 3.89 ROE (TTM) -21.80*%
Float 13.70 Mil Rev (TTM) $ 17.28* ROA (TTM) -15.49*%
Mon. Vol 8.73 Mil Curr. Ratio 2.49
Beta 1.19 LT Dbt/Eqty 0.01
BRIEF: TDFX is a developer of high performance, cost
effective 3D media processors, software & related technology
for the interactive electronic entertainment market. For
the 6 mos. ended 7/99, revenues rose 34% to $145.3M. Net
loss totalled $13.8M vs. income of $16.5M. Revenues reflect
the sales of TDFX's Voodoo3 & Banshee products. Losses
reflect an increase in personnel costs, common cost
allocations & engineering costs from future products.
*PRELIMINARY: For the 3 months ended 10/31/1999, revenues
were 105,856; after tax earnings were -17,618.
Copyright (c) 1999, Market Guide Inc., All rights reserved (more) |
