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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?

To: Mighty Mizzou who wrote (14360)	5/12/2000 6:58:00 PM
From: David K.	Respond to of 14577

MSL to Build S3's Rio; Company to Provide Global Support for Market-Leading Digital Audio Products CONCORD, Mass.--(BUSINESS WIRE)--May 12, 2000--Manufacturers' Services Ltd. (MSL) today announced that it has been selected by S3, Incorporated (NASDAQ: SIII) to provide global manufacturing services for S3's Rio digital audio players. The agreement reflects a significant addition to MSL's portfolio of global customers seeking value-added manufacturing support regionally and worldwide. The company's sites in Salt Lake City, Utah; Athlone, Ireland and Asia will provide a suite of services designed to help S3 bring products to market quickly and cost-effectively; reduce the landed cost of doing business in key markets and ensure flexibility and responsiveness in meeting market demand. Santa Clara, Calif.-based S3, developer of the family of Rio player products, is the world's premier digital audio provider. It selected MSL after a highly competitive evaluation process, based on MSL's ability to cost-effectively support similar products in multiple sites worldwide and its quantitative approach to delivering superior customer service. "The market for our products is growing rapidly each year and we need a manufacturing partner that can scale with us globally to meet the demand," said Mike Nelson, vice president of operations for S3. "MSL's top-to-bottom commitment to driving customer satisfaction ensures that we will get the high-quality support we need to get products to market - fast." MSL will provide new product introduction services from its Salt Lake City site to help speed the ramp to volume production worldwide. Later this year, MSL's Ireland operations will provide high-volume SMT production, systems assembly, test and distribution throughout Europe. "Recognized as the worldwide leader in developing breakthrough Internet appliance products, S3 has a tremendous - and fast-growing - customer base," said Bob Donahue, president of MSL. "We're pleased to be working with a company that is constantly raising the bar for advanced technology and innovation." About MSL: Manufacturers' Services Ltd. is a privately held global electronics manufacturing services company offering Total Cost of Ownership(R) solutions for OEMs in the networking, telecommunications, computer, peripherals, medical, industrial and consumer electronics industries. The company offers engineering, design, prototyping, testing, printed circuit board assembly, systems integration and assembly, order fulfillment, distribution and after-market support services. It has ISO 9000-certified supply sites and customer-dedicated fulfillment operations in Asia, Europe and the United States and International Procurement Offices in Singapore and Silicon Valley. The company has nearly 5,000 employees worldwide and is headquartered in Concord, Massachusetts. For further information, visit the company's Web site at www.msl.com.

To: Mighty Mizzou who wrote (14360)	5/15/2000 11:43:00 AM
From: John Nasser	Read Replies (1) \| Respond to of 14577

S3's Diamond Multimedia Announces Musicland Stores to Promote and Sell Rio Players Musicland's Digital Music Strategy Shows Growing Mainstream Adoption of Rio Audio Players VANCOUVER, Wash.--(BUSINESS WIRE)--May 15, 2000--S3, Incorporated (Nasdaq:SIII - news), the leader in digital audio, and Musicland Stores Corporation (NYSE:MLG - news), the nation's leading specialty retailer of home-entertainment software products, today announced they will collaborate to distribute the third-generation of Rio digital audio players in Media Play, Sam Goody and On Cue stores, and on the company's E-commerce Web sites: SamGoody.com, MediaPlay.com and OnCue.com. With the marketing partnership, S3 has the opportunity to broaden consumers' access to Rio devices through a retailer that hasn't traditionally provided digital audio players. ``The agreement provides further proof of the mainstream adoption of digital audio by consumers,'' said Mike Reed, director of marketing for S3's Diamond Multimedia. ``Now music fans will be able to purchase the latest players where they buy their favorite music.'' Musicland's move to offer new digital audio hardware comes as part of a ``clicks-and-bricks'' growth strategy, the company's on-going move to integrate Internet technologies and traditional retail outlets. ``Thanks to S3's groundbreaking Rio devices, with technology that is protective of the copyrights of the content providers, digital audio is a growing means for the sale of music,'' said Gil Wachsman, vice chairman of Musicland. ``Through our `clicks-and-bricks' strategy, we intend to be front and center in the digital delivery evolution, selling music downloads along with players and physical CDs. This agreement offers a perfect example of how we are leveraging new technologies to expanded opportunities for our business and our customers.'' The family of Rio audio players will be in stores later this spring. About S3 Incorporated Following its acquisition of Diamond Multimedia and the transfer of its graphics chip assets to a joint venture company, S3 has been relaunched as a digital media company focused on creating products and partnerships that help build the digital home. Combining significant financial assets with a strong technology portfolio, that includes the Rio family of digital audio players and the HomeFree series of home networking solutions, S3 is uniquely positioned to capitalize on high growth opportunities in the rapidly converging Internet and consumer device markets Except for historical information contained herein, the matters set forth in this press release are forward-looking statements that are subject to risk and uncertainties, including the impact of competitive products and pricing and of alternative technological advances, and other risks detailed from time to time in S3's and Musicland's SEC reports, including their annual reports on Form 10-K for the year ended December 31, 1999. S3 is a registered trademark of S3 Incorporated. The S3 corporate logo, Diamond Multimedia, and HomeFree are trademarks of S3 Incorporated. Rio is a trademark of RioPort.com, Inc. and is used by S3 under license from RioPort.com, Inc. -------------------------------------------------------------------------------- Contact: Porter Novelli Convergence Group Rob McMurtrie, 206/770-7003 rob.mcmurtrie@pnicg.com