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Technology Stocks : Oak Technology (OAKT) -- Ignore unavailable to you. Want to Upgrade?

To: Baoho Chang who wrote (3575)	11/17/1997 12:16:00 PM
From: DJ Clancey	Read Replies (2) \| Respond to of 4335

Should COMDEX have any affect on OAKT?

To: Baoho Chang who wrote (3575)	11/17/1997 12:39:00 PM
From: coopie	Respond to of 4335

Hi Baoho, Can not find the story yet, but here is another one... Headlines Next Story Quickturn Wins Emulation Order from Oak Technology Business Wire - November 17, 1997 11:59 %QUICKTURN %OAK-TECHNOLOGY QKTN OAKT %CALIFORNIA %FLORIDA %TEXAS %MASSACHUSETTS %COMPUTERS %ELECTRONICS %COMED %TELECOMMUNICATIONS %INTERACTIVE %MULTIMEDIA %INTERNET %PRODUCT V%BW P%BW Jump to first matched term SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 17, 1997--Quickturn Design Systems, Inc. (NASDAQ:QKTN) today announced that Oak Technology, Sunnyvale, Calif., has selected its System Realizer emulation system. The purchase order includes system maintenance and services. Oak Technology (NASDAQ:OAKT) will use the industry-leading design verification tool to reduce design risk and shorten time to market in the development of its next generation 3-D graphics chip. "As a first time user of emulation for design verification, we carefully evaluated all of our options," said Gene Wu, IC Technology Director, Oak Technology. "We chose Quickturn technology because it provides the most advanced emulation capability available. Quickturn's leading technology, combined with its renowned services and support organization, will be valuable as Oak prepares to move to its next generation 3-D graphics chip," added Wu. Based on the latest generation of FPGAs, System Realizer is the most widely used emulation system in the world and comes complete with an integrated debug environment and Quest II emulation software. The modular System Realizer emulation product family offers a versatile solution for the widest range of design styles -- from highly synchronous to highly asynchronous -- in the range of 100K to 3 million gates. Founded in 1987, Oak Technology Inc. designs, develops and markets high-performance multimedia semiconductors and related software to original equipment manufacturers worldwide who serve the PC, consumer electronics and digital office equipment markets. Oak has a software design center in Boca Raton, Fla., a mixed signal design center in Austin, Texas and subsidiaries in Japan (Oak Technology K.K.), Taiwan (Oak Technology, Taiwan) and Andover, Mass. (Pixel Magic Inc.). The company completed its initial public offering in February 1995. Additional information about Oak Technology and its products can be found on the World Wide Web at www.oaktech.com . Quickturn Design Systems Inc. is a pioneer in reprogrammable emulation and cycle-based simulation products and leads the industry in system-level, design-verification solutions. The company's products create a "virtual silicon" representation of an electronic design to permit concurrent verification of ASICs and full-custom ICs with system hardware and software. Quickturn's customers include the leading electronics companies in the high-performance computing, multimedia, graphics, and communications markets. Quickturn's verification solutions assist these companies in improving design quality, lowering overall development cost, and shortening time to market. Quickturn Design Systems is headquartered at 55 West Trimble Road, San Jose, Calif. 95131-1013, telephone: 408/914-6000. For more information, send email to info@quickturn.com or visit the Quickturn Website at www.quickturn.com . Note To Editors: Quickturn, System Realizer and Virtual Silicon are trademarks of Quickturn Design Systems Inc. All other trademarks are the property of their respective owners. CONTACT: Quickturn Design Systems, Inc., San Jose Joan Powell, 408/914-6701 or VitalCom Scott Seiden or Lou Covey, 650/637-8212

To: Baoho Chang who wrote (3575)	11/17/1997 2:51:00 PM
From: coopie	Read Replies (1) \| Respond to of 4335

Found it on the Oak Tech. web site. not under Pixel Magic site - though there is a nice comdex section on the Pixel Magic site. Good Luck. Pixel Magic Signs Letter of Intent to Acquire Xerographic Laser Images ANDOVER, Mass., November 17, 1997 -- Pixel Magic, a leading provider of advanced image processing semiconductors which enable digital office peripherals and Xerographic Laser Images Corporation (XLI) (NASDAQ Bulletin Board: XLCC) today announced that the companies have signed a letter of intent for Pixel Magic to acquire XLI by merger. As currently proposed, the holders of XLI shares and share equivalents will receive a payment of $5M in cash and an additional payment of up to $10M in cash contingent upon XLI achieving certain milestones over a three year period. Located in North Billerica, Massachusetts, XLI develops products that produce enhanced resolution output from printers, digital copiers, scanners, fax systems and multifunction peripherals. "We are excited about the opportunities to leverage XLI's resolution enhancement technology by offering its products to our customers, as well as integrating its technology with Pixel Magic's products to offer our customers complete image processing solutions," stated Peter Besen, president of Pixel Magic. This acquisition is subject to the signing and closing of a definitive agreement requiring the approval of both companies' board of directors and the approval of XLI's shareholders. The foregoing statements may consist of forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Factors that could cause actual outcome to differ materially from those set forth include, without limitation, the rate of adoption of new technology, market acceptance of the product, competitive pricing actions and marketing programs, among others. For a discussion of such risks, see both companies' most recent SEC form 10-K and 10-Q. About Pixel Magic Founded in 1991, Pixel Magic provides advanced image processing chip technology to OEMs and technology partners in the digital office equipment market worldwide. The Company, headquartered in Andover, Mass., is a wholly owned subsidiary of Oak Technology, Inc. (NASDAQ: OAKT). Pixel Magic's expertise in digital image processing technologies is assisting the evolution of the digital office environment (DOE). Information on Pixel Magic and its currently available product line can be found on the World Wide Web at: pixelmagic.com. Pixel Magic is a trademark of Oak Technology, Inc. All other product names or company names are mentioned for identification purposes only, and may be trademarks of their respective owners.