ATI, Inc. Issues Announcement.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--June 26, 2000 ATI (ATI Technologies Inc., Markham Ontario, http://ati.amd.com) A leading manufacturer of graphics chips and display adapters. Founded in 1985 by K. Y. Ho, Benny Lau and Lee Lau, ATI chips and boards are widely used by OEMs. , Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets:ATII ATII Advanced Training Institute International ATII Advanced Techniques for Imagery Interpretation ATII Associate of Taxation Institute Incorporated (UK) )--The directors of ATI, Inc (the "Company") hereby announce that as a result of the extensive due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. activities undertaken by the Company with regard to acquiring 100% of the issued and outstanding shares of a Dominican Republic entity, Corporacion Hotelera, it has been mutually agreed upon by both parties to cancel the Agreement. Furthermore, Carli Hubbard and Leonard Boekelman have resigned from the Board of Directors effective immediately. The Board is now in the process of determining the new direction of the Company. "Allison Eaton" Allison Eaton This press release contains certain forward looking statements. Forward looking statements, by their very nature, carry associated risks, especially risks concerning the possibility that some or all events envisaged in such statements will not materialize in the future. The Company relies on litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. protection for forward looking statements. |
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