ATI NAMED AS A TOP 50 HIGH-TECHNOLOGY COMPANY BY RED HERRING MAGAZINE
ATI NAMED AS A TOP 50 HIGH-TECHNOLOGY COMPANY BY RED HERRING MAGAZINE
Red Herring Editors Select ATI as One of the Top Public Companies
building the Electronic Economy
TORONTO, May 17 /CNW-PRN/ - ATI Technologies (TSE:ATY; NASDAQ:ATYT)
announced today that it has been selected to the Red Herring 50, Red
Herring magazine's annual list of the top public companies in the
technology industry. Featured in the June 1999 Digital Universe issue,
the Red Herring 50 honors those companies that have defined new
standards, forged the most influential new business models, and
developed products and services that will change the way business gets
done.
''We hold technology companies to an entirely different set of
standards. Standards that prove to us that they are innovators, agents
of change, and leaders truly affecting the construction of the digital
economy,'' said Jason Pontin, editor of Red Herring. ''We see that the
emerging networked economy is one that requires vision, innovation, and
proven expertise, and we think our list encapsulates the companies that
have put these qualities to work.''
''ATI is committed to making computer graphics an integral part of
everyday life,'' said KY Ho, President and CEO, ATI Technologies Inc.
''Our System-On-a-Chip (SOC) and Shared Memory Architecture (SMA)
technologies will provide low cost computing solutions, and bring
computer-based consumer electronic appliances into every room in the
home.''
How They Ranked
In order to accurately represent the technology industry and its
key players, the Red Herring editors divided the industry according to
its various sectors -- giving more weight to those sectors that they
felt most essential in building tomorrow's digital universe. Using a
system of metrical and subjective comparisons, the list highlights
companies in the following markets: communications equipment,
communications services, wireless equipment and services, software,
systems manufacturers, consumer computing, media, electronic commerce,
and biotechnology.
In choosing its companies, the Red Herring looked at criterion from
vision, management, and innovative business strategies to the track
record of the company's venture capitalists, its marketing techniques
and the strength of it partnerships -- all of which impact the
companies' abilities to affect change in the new economy.
A complete list of the 1999 Red Herring 50 Companies is available in
the June issue of Red Herring and can be found on the World Wide Web at
redherring.com.
Corporate Profiles
About ATI Technologies Inc.
ATI Technologies Inc., the world's largest supplier of 3D graphics
and multimedia technology, designs, manufactures and markets innovative
and award-winning multimedia solutions and graphics components for the
personal computer, set-top box and consumer electronics appliance
markets. An ISO 9002 company, ATI is the world's leading supplier of
video and 2D/3D graphics accelerators to OEM and retail customers.
Founded in 1985, ATI employs more than 1,600 people at headquarters in
Thornhill, Ontario, and in offices in the United States, Germany,
France, the United Kingdom, Ireland, Barbados, Malaysia, Japan and Hong
Kong. ATI is a public company whose shares trade on the Toronto Stock
Exchange and NASDAQ.
About Red Herring Communications Inc.
Red Herring Communications, a privately held San Francisco-based
media company, meets the specialized information needs of strategic
business decision makers. Red Herring, the monthly business magazine
for technology, focuses on trends in technology and the companies
driving them. Red Herring's high-level industry conferences, such as
the Venture Market series and NDA, bring the trends to life and
showcase the emerging companies behind the innovations. Red Herring
Online provides business professionals and personal investors with
technology daily news, analysis, and in-depth company profiles.
For other ATI news releases visit our web site at atitech.com.
Copyright (c) ATI Technologies Inc., 1999. All company and/or
product names are trademarks and/or registered trademarks of their
respective manufacturers. Features, pricing, availability and
specifications are subject to change without notice.
SOURCE ATI Technologies Inc. |
