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Technology Stocks : Altera -- Ignore unavailable to you. Want to Upgrade?

To: shane forbes who wrote (1710)	5/4/1998 4:06:00 PM
From: shane forbes	Read Replies (2) \| Respond to of 2389

Numero Uno: biz.yahoo.com Monday May 4, 8:01 am Eastern Time Company Press Release SOURCE: Altera Corporation Dataquest Cites Altera as Leader in Programmable Logic * 27% Increase Compared to 1996 Revenue * Over Twice the Rate of PLD Industry Growth SAN JOSE, Calif., May 4 /PRNewswire/ -- Altera Corporation (Nasdaq: ALTR - news) today announced that the latest semiconductor industry report from Dataquest, a global market research and consulting company serving the high-technology and financial communities, shows Altera is the leading supplier of programmable logic devices worldwide. ''Big news in the top 10 1997 ASIC rankings is Altera, which passed Xilinx as the No. 1 programmable logic device supplier and now ranks ninth in total 1997 ASICs,'' said Bryan Lewis, author of the Dataquest Alert report, Dataquest releases 1997 ASIC market share rankings, published April 6, 1998. ''PLD suppliers had a tough year in 1997 and grew by only 12.3 percent. Altera Corporation still managed to grow 27 percent.'' The report shows Altera with 1997 sales of $631 million, 3 percent more than the next-ranked supplier. Other market research houses such as In-Stat and IC Insights have also recognized Altera as the industry-leading supplier of programmable logic devices. ''The news is gratifying, and an endorsement of our technology, innovation, and customer service,'' said Rodney Smith, Altera's chairman, president, and chief executive officer. ''At the same time, we all realize that the programmable logic market is one of the most competitive in high technology. Remaining the industry leader will be a challenge, but one we embrace with confidence.'' ''The Dataquest report is based on sales, an objective measurement of how customers react to our product offerings. With year-over-year growth at more than twice the industry rate, Altera's products and technology have become highly regarded in the marketplace,'' said Mr. Smith. ''All of our employees worldwide contributed to this success through their talent, hard work, and dedication.'' ---- Shane.