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Technology Stocks : ATI Technologies in 1997 (T.ATY) -- Ignore unavailable to you. Want to Upgrade?


To: Yarek Szolomicki who wrote (3473)6/1/1999 6:05:00 PM
From: Marc  Read Replies (1) | Respond to of 5927
 
ATI Technologies Inc. licenses the MIPS(R) Architecture from MIPS Technologies, Inc.

World's largest supplier of 3D graphics and multimedia technology
to use MIPS(R) Architecture to further enhance its industry-leading
video capabilities

TORONTO, Canada/MOUNTAIN VIEW, California, June 1 /CNW/ - ATI
Technologies Inc. (TSE:ATY; NASDAQ:ATYT) announced today that it has licensed
the MIPS(R) architecture to further enhance the digital video capabilities of
its industry-leading graphics and multimedia technology. ATI is the world's
largest vendor of computer graphics and multimedia products, and according to
recent market research holds 46 percent of the US graphics distribution
market. MIPS Technologies is the world's primary architect of 32- and 64-bit
embedded processor technology. MIPS Technologies licensees are the only
companies today shipping 64-bit embedded processors, in volume, for digital
consumer products.
''ATI is actively diversifying its product line, based on our core
competencies in graphics and multimedia products,'' said Adrian Hartog, vice
president and general manager, components division, ATI Technologies Inc. ''We
intend to be a major force in important emerging markets like set top boxes
and consumer computing devices, and our licensing agreement to use the MIPS(R)
architecture provides ATI with another key building block that will make us a
world leader in these new markets.''
''ATI is a leader in consumer graphics and as such is an excellent fit as
a strategic partner of MIPS Technologies,'' said John Bourgoin, president and
CEO of MIPS Technologies, Inc. ''Teaming with ATI will enable the MIPS(R)
architecture to strengthen its drive to penetrate the set top box and other
consumer devices.''

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 l985, 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.

MIPS Technologies, Inc.
MIPS Technologies, Inc. drives a broad architectural alliance that is
currently delivering 32- and 64-bit embedded RISC solutions. Its 64-bit
architecture is being used in products such as game consoles, set-top boxes,
high-end printers and enterprise networking. The company licenses its
intellectual property to semiconductor manufacturing companies, ASIC
developers, and system OEMs. MIPS Technologies, Inc. and its licensees offer a
wide range of robust, scalable processors in standard, custom, semi-custom and
application-specific products. Developers can choose from a broad menu of
price/performance options that include execution units, clock speeds,
instruction widths (16-, 32- or 64-bit), cache sizes, memory bandwidths,
memory protection schemes, system interfaces, and on-chip system logic.
MIPS Technologies, Inc. is based in Mountain View, California, and can be
reached at 650-567-5000 or mips.com. Media contacts for MIPS
Technologies, Inc.:

Constance Sweeney Mark Ferrone
MIPS Technologies, Inc. Brodeur Porter Novelli
Manager, Public Relations Account Director
650-567-5059 408-324-4848
cks(at)mips.com mferrone(at)brodeur.com