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

To: John Nasser who wrote (14514)	9/7/2000 4:34:08 PM
From: John Nasser	Read Replies (2) \| Respond to of 14577

Gateway Selects S3 Graphics' Mobile Savage for New Notebook PC's Design Win Establishes S3 Graphics as New Supplier for Gateway SANTA CLARA, Calif.--(BUSINESS WIRE)--Sept. 7, 2000--S3® Graphics, a division of S3 Incorporated (Nasdaq:SIII - news), today announced that Gateway has selected S3 Graphics' Savage/IX(TM) mobile graphics accelerator to power the latest in its award-winning line of notebook PCs, the Solo 5300. S3's Savage/IX, with integrated memory, allows Gateway to deliver high-performance graphics capabilities in a thin and light form factor. This latest design win reinforces S3 Graphics' leadership in the mobile graphics market. ``The Savage/IX is the chip of choice for manufacturers of small and lightweight high performance notebooks,'' said Rick Bergman, Chief Operating Officer, S3 Graphics. ``Gateway's selection of the Savage/IX for the Solo 5300 is the latest in a series of high profile design wins for the mobile Savage chipset, and is a clear indication of our dominance in this market. The recently announced joint venture with VIA Technologies will enable further mobile product innovation from S3 Graphics, bringing an exciting new dynamic to the notebook market.'' ``Highlighted by this significant design win, S3 Incorporated expects to see increased graphics revenue through the fourth quarter 2000, prior to S3 Graphics' formal transition to a Via joint venture company,'' said Ken Potashner, CEO and Chairman of S3 Incorporated. S3 Graphics' Mobile Savage Based on S3's Savage desktop architecture, the Savage/IX delivers the latest 3D graphics acceleration and digital video playback for notebook PCs. In addition, the Savage/IX features a unique integrated memory design that supports up to 16MB -- the most available on the market today -- making it an ideal high-performance solution for thin and light notebook computers. About S3 Graphics S3 Graphics is a division of S3 Incorporated, which has signed an agreement that involves the transfer of the assets of S3 Graphics to a newly formed joint venture with VIA Technologies. S3 Graphics specializes in discrete and integrated graphics for the mobile and desktop market. The joint venture harnesses the product strengths of both companies including S3's cutting-edge graphics and video capabilities with VIA's market-leading core logic chipset technology. S3 Graphics has already shipped its first integrated product with VIA, and is working to an exciting and aggressive roadmap of future product releases. About S3 Incorporated (www.S3.com) Combining the recently announced shutdown of its graphics board business with the completion of its graphics chip agreement with VIA Technologies, S3 has taken the final step in its transition from a PC graphics company to an internet and digital media device company focusing on high-growth consumer markets. With significant financial assets, global marketing capabilities and a focused technology portfolio, that includes Rio(TM) digital audio players, HomeFree(TM) home networking solutions, internet access products, discrete and integrated graphics chips, and forthcoming information appliances, S3 is now set to relaunch itself as a leading innovator in the rapidly converging Internet and consumer device markets Except for historical information contained herein, the matters set forth in this press release, such as S3 Graphics' dominance of the mobile graphics market, S3 Graphics' ability to enable further mobile product innovation through the forthcoming VIA joint venture and S3 Incorporated's expected increased revenue through the fourth quarter of 2000, are forward-looking statements that are subject to risk and uncertainties, including the ability of S3 to transition smoothly the graphics chip operations to the joint venture, the ability of S3 to work with its strategic partners and S3's strategic partners' business objectives, the impact of competitive products and pricing and of alternative technological advances, the ability of S3 to timely introduce products that address market demands, 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 June 30, 2000. S3 is a registered trademark of S3 Incorporated. The S3 corporate logo and HomeFree are trademarks of S3 Incorporated. Rio is a trademark of RioPort.com, Inc. and is used by S3 under licenses from RioPort.com, Inc. Other marks referenced herein are the property of their respective owners. Note to reporters, editors and writers: VIA is spelled in ALL CAPS. -------------------------------------------------------------------------------- Contact: S3 Graphics Paul Ayscough, 408/588-8000 payscough@s3.com or Hypa Creative Ltd Deborah Hermans, +44 208 742 8668 deb@hypacreative.com