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To: James Strauss who wrote (3284)	12/8/1998 5:35:00 PM
From: Toni Wheeler	Read Replies (1) \| Respond to of 13094

Hi James... SIII...news today, but S3 has been on an upturn that has it crossing their 13 wk MA...whatdoyathink? <<To: Calvin Scott (12354 ) From: Randy Tuesday, Dec 8 1998 9:10AM ET Reply # of 12360 SANTA CLARA, Calif.--(BUSINESS WIRE)--Dec. 8, 1998--While competitors remain focused on older 0.25 micron designs, S3 Incorporated (Nasdaq: SIII) and UMC Group today announced that they have successfully produced the graphics industry's first 0.18 micron design. Recognized as one of the most advanced processes in the world, UMC Group's 0.18 micron technology will enable S3 to deliver significantly higher-performing graphics accelerators that exceed even Intel's Pentium II processor in terms of gate complexity. "By breaking the barrier to advanced process technologies, S3 has surpassed every graphics competitor," said Ken Potashner, president, CEO and chairman of S3 Incorporated. "This technology lead gives us significant advantages that we expect to quickly pass on to our customers in terms of higher performance, lower power consumption and increased levels of integration." "Consistent and substantial investment in research and development has made us the undisputed technology leader in the dedicated foundry world," said Jim Kupec, president of UMC Group (USA). "Although we were not the first dedicated foundry, we were clearly the first to offer production capacity at 0.25 and 0.22 micron. Furthermore, our production volumes and yields at 0.25 micron are orders of magnitudes ahead of the competition. It is only natural that we will be the first to offer 0.18 micron capacity due to our successful relationships with industry leaders like S3." "S3 and UMC have a history of delivering leading-edge technologies," said Paul Franklin, senior vice president of operations for S3 Incorporated. "While many other graphics competitors are still taping out their initial 0.25 micron designs, we have already successfully produced three 0.25 micron designs with UMC Group. The yields for our 0.25 micron products have already reached levels comparable to our achievements at the previous generation." S3 maintains an approximate 16 percent equity share in the United Semiconductor Corporation (USC) manufacturing facility and has access to approximately 31 percent of its capacity. The new 0.18 micron design will initially tape out to another UMC Group company, United Silicon Incorporated (USIC.) Specific details about S3's first 0.18 micron design will be available when the part is officially launched in the first half of 1999. About S3 Incorporated S3 Incorporated, founded in 1989 with headquarters in Santa Clara, Calif., is a premier supplier of multimedia acceleration hardware and its associated software. S3 is committed to applying its expertise in 2D graphics, 3D graphics, and video to create innovative and affordable products for the home, desktop and mobile markets. About UMC Group UMC Group is a world leading semiconductor foundry and the first company in Taiwan to offer foundry services. UMC Group is United Microelectronics Corp. (UMC), United Semiconductor Corp. (USC), United Integrated Circuits Corp. (UICC), United Silicon, Inc. (USIC) and UTEK Semiconductor Corp. (UTEK). The group leads the dedicated foundry industry in value-added design services and 0.25 micron capacity and yields. In 1999, UMC Group will have production-ready 0.18 micron and copper interconnect technology. The UMC Group Silicon ShuttleSM test-chip program enables library vendors, IP vendors and foundry customers to verify their designs in silicon at low or no cost. UMC Group companies are headquartered in Taiwan, with marketing and customer support offices located in the United States, Japan, and the Netherlands. UMC Group (U.S.A). offices are located at 788 Palomar Avenue, Sunnyvale, CA 94086, tel. 408/733-8881, fax 408/733-8090. Except for the historical information contained herein, the matters set forth in this press release, such as statements as to the ability to produce successfully competitive 0.18 micron designs, are forward-looking statements that are subject to risk and uncertainties that may cause actual results to differ materially, including the impact of competitive products and pricing and of alternative technological advances, 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 Sept. 30, 1998. These forward-looking statements speak only as of the date hereof. S3 disclaims any intent or obligation up update these forward-looking statements. S3 is a registered trademark of S3 Incorporated. The S3 corporate logo is a trademark of S3 Incorporated. Other marks referenced herein are the property of their respective owners. --30--LS/na* CONTACT: S3 Inc. Press Inquiries: Kelly Morris, 408/588-8023 kmorris@S3.com or Investor Inquiries: Walt Amaral, 408/588-8007 wamaral@S3.com s3.com KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT