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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?

To: Maher Sid-Ahmed who wrote (8884)	5/29/2001 1:01:38 PM
From: Ms. Baby Boomer	Read Replies (1) \| Respond to of 14451

SGI Announces First Itanium Processor-Based System Using Linux Part of Itanium Processor-Based Roadmap, SGI launches Silicon Graphics 750 MOUNTAIN VIEW, Calif., May 29 /PRNewswire/ -- SGI (NYSE: SGI - news), a leading provider of high-performance computing and visualization solutions for technical and creative users, today announced that the Silicon Graphics® 750 system for Linux®, developed with the Intel® Itanium(TM) processor, will be available July 2001. This announcement signifies SGI's first milestone on the Itanium product roadmap being developed for Linux. The Silicon Graphics 750 system is based on an innovative floating-point architecture that is designed specifically for affordable high-performance and standards-based computing. The Silicon Graphics 750 system is the newest generation in 64-bit computing in the SGI(TM) family of products based on the Itanium processor with open-source Linux. ``We are pleased that SGI has chosen the Itanium processor, the first of a multi-generation product family, to be the engine for its Linux OS-based high performance systems,'' said Mike Fister, vice president and general manager, Intel Enterprise Platforms Group. ``SGI's experience in delivering high-performance solutions and the advanced features of the Itanium processor are an outstanding combination for affordable high-performance computing.'' ``SGI's expertise in high-performance computing combined with the power of the Itanium processor provides an excellent solution for technical developers and advanced research environments,'' said Jan Silverman, senior vice president of marketing, SGI. ``This announcement illustrates SGI's continued commitment to Linux with the availability of the Silicon Graphics 750 on the Itanium processor and heralds the beginning of future SGI products in the Itanium processor family.'' The Silicon Graphics 750 features advanced computational processing in a compact form factor capable of scaling up to two processors and 16GB of memory. The availability of the Silicon Graphics 750 will accommodate and enable the most demanding power users in the technical and high-performance computing markets such as computational fluid dynamics, mechanical computer-aided engineering (MCAE), computational chemistry, scientific computing and visualization. ``The availability of the Itanium processor-based Silicon Graphics 750 reinforces their leadership and commitment in bringing advanced architectures to the market,'' said Bill Claybrook, research director of Linux and Unix, Aberdeen Group. ``The Silicon Graphics 750 provides an excellent system for technical professionals in the Linux environment.'' About SGI SGI provides a broad range of high-performance computing and advanced graphics solutions that enable customers to understand and conquer their toughest computing problems. Headquartered in Mountain View, Calif., with offices worldwide, company information is located on the Web at www.sgi.com. This news release contains forward-looking statements regarding the Silicon Graphics 750 system which is subject to risks and uncertainties that could cause actual results to differ materially from those described in such statements. The reader is cautioned not to rely unduly on these forward-looking statements, which are not guarantee of future performance. Such risks and uncertainties include the timely production of Silicon Graphics 750 system in sufficient volume to meet demand, the impact of competitive markets, products and pricing, the acceptance of applicable technologies by markets and customers, the ability of the Company to manage a complex set of engineering, marketing and distribution relationships, and other risks detailed from time to time in the Company's most recent SEC reports, including its reports on Form 10-K and Form 10-Q. NOTE: Silicon Graphics is a registered trademark, and SGI and the SGI logo are trademarks of Silicon Graphics, Inc. Intel is a registered trademark, and Itanium is a trademark of Intel Corporation. Linux is a registered trademark of Linus Torvalds. All other trademarks mentioned herein are the property of their respective owners. biz.yahoo.com