ATI Selects MGI VideoWave II for Bundle with New All-in-WonderTM 128.TORONTO--(BUSINESS WIRE)--April 7, 1999--MGI Software Corp. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :MGI MGI Mouse Genome Informatics MGI Modular Gateway Interface MGI McKinsey Global Institute MGI Military Geographic Information MGI Marine Geological Institute MGI Policy on the Management of Government Information (Canada) ) The Leader in PC Graphics and Multimedia Video Hardware Includes the Number 1 Selling PC Video Editor MGI Software Corp. announced today that graphics giant ATI Technologies Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ATYT ATYT ATI Technologies, Inc (stock symbol) ; TSE:ATY ATY Air Textured Yarn (textile) ATY Watertown, SD, USA (Airport Code) ATY After-Tax Yield ) has selected MGI's easy PC video editing software Video editing software is application software which handles the editing of video sequences on a computer. It usually includes the ability to import and export video, cut and paste sections of a video clip, and add special effects and transitions; and it sometimes includes the - MGI VideoWave II - for bundle with the new All-in-Wonder(TM) 128, sold in retail channels. Available at the end of April, the All-in-Wonder 128, which is the most advanced 2D and 3D graphics accelerator offering exceptional video, TV tuning functions and video capture, now includes a full featured version of MGI VideoWave II with customized content. As part of the worldwide agreement, ATI may also offer the software to their OEM partners. Delivering the Power to Create Wonder "All-in-Wonder 128 carries on our tradition to deliver the best of the best," said Ed Grondahl, Vice President Product Marketing, ATI Technologies Inc. "MGI VideoWave II is the proven leader among users, with very powerful editing features and a StoryLine approach that makes PC video editing fast, fun and extremely easy. It's a salient addition that highlights the extensive video capabilities of our most advanced PC graphic and multimedia hardware to date." All-in-Wonder 128 is the newest addition to the award winning family of ATI's All-in-Wonder products, and is the ultimate PC graphics and multimedia hardware upgrade. Powered by ATI's world leading RAGE 128 GL(TM) technology, All-in-Wonder 128 delivers the exciting world of 3D, 2D acceleration, video and TV on your PC, with just one easy-to-install card. Utilizing the "Intelligent" TV Tuner featured as part of the All-in-Wonder 128, users can capture video from their TV, VCR VCR: see videocassette recorder. VCR in full videocassette recorder Electromechanical device that records, stores on a videotape cassette, and plays back on a TV set recorded images and sound. or camcorder, edit and produce the clips in MGI VideoWave II, then output the final video back to their TV, VCR or camcorder, as well as the Web. "We are now beginning to see a growing interest by graphics and multimedia vendors to offer products that highlight the extensive video capabilities of their hardware," said Anthony DeCristofaro, MGI president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Clearly, PC video editing has arrived and is here to stay, and MGI is geared to take advantage of this OEM opportunity. ATI is a very important player influencing the major system vendors. We are delighted that ATI has again chosen MGI's software for showcase with their new generation cards." MGI VideoWave II makes PC video easy with its revolutionary StoryLine approach to video editing. It lets users intuitively combine video clips, animation, graphics, photos, sound, music and narration to easily "tell a story" in video. MGI VideoWave is packed with powerful features that allows users to easily create business presentations, training materials, content for the Web or spice up a home movie. MGI Software and ATI Technologies have worked together to ensure a seamless integration between the All-in-Wonder 128 and MGI VideoWave II giving users the unparalleled power to create wonder. Pricing and Availability All-in-Wonder 128 bundled with MGI VideoWave II will be available in two configurations: the 16MB SDRAM (Synchronous DRAM) A type of dynamic RAM (DRAM) memory chip that has been widely used since the late 1990s. SDRAM chips eliminated wait states by dividing the chip into two cell blocks and interleaving data between them. version will have an Estimated Street Price (ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. ) of US$249; the 32 MB SDRAM version will have an ESP of $299. MGI VideoWave II alone retails for about US$99. About MGI Software MGI Software is changing the way home and business PC owners experience photography and video. The company has quickly become a market and technology leader with its award-winning products and its relationships with leading manufacturers driving the union of computing with photography, video, and TV. MGI's partners include leading firms in the photo industry, online service suppliers, and manufacturers of digital cameras, computer hardware, software, and consumer electronics. With more than 16 million copies shipped, MGI's PhotoSuite and VideoWave are the leading brands in retail and OEM distribution spanning 25 countries. MGI Software shares trade on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (Symbol - MGI). For more information visit http://www.mgisoft.com. (c) MGI Software Corp.,1999. MGI, MGI PhotoSuite, MGI VideoWave are trademarks or registered trademarks of MGI Software Corp. All other company and/or product names are trademarks and/or registered trademarks of their respective manufacturers. |
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