Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ATI Technologies added to the NASDAQ-100.


Business Editors/High-Tech Writers

MARKHAM, Ontario--(BUSINESS WIRE)--Dec. 11, 2003

ATI Technologies Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:ATY ATY Air Textured Yarn (textile)
ATY Watertown, SD, USA (Airport Code)
ATY After-Tax Yield
)(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) ), announced today that it has been added to the NASDAQ-100 Index(R). 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.  stock will also be included in the NASDAQ-100 Index Tracking Stock (Amex: QQQ QQQ

The Nasdaq-100 Index Tracking Stock. This is a tracking stock which trades like an index mutual fund which follows the Nasdaq 100 index. It trades continuously.


QQQ 
).

"ATI's inclusion in the NASDAQ-100 signals our company's emergence as one of the leading innovation companies in the world," said KY Ho, Chairman and Chief Executive Officer of ATI. "This achievement is testament to the hard work of the people at ATI who have built a world-leading visual processor company. Through our team's efforts, our visual processors have become the products of choice for every platform, from the PC to digital consumer markets of color cell phones, DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression.  and game consoles. The expansion of ATI's position in PC markets and growth opportunities in new markets has enabled us to deliver revenue growth and strong financial performance."

The announcement comes at the end of a year in which ATI has led the PC graphics market in terms of performance and technology, begun shipping media co-processors in large volume to Motorola for its high-selling "triplets" phones, announced HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates  technology wins with companies including Samsung and Sony, and announced technology development contracts with Nintendo and Microsoft's Xbox division.

The NASDAQ-100 Index, founded in 1985, comprises the 100 largest non-financial stocks on the NASDAQ Stock Market Nasdaq stock market

The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies.
 and was launched with the NASDAQ Financial-100 Index, which comprise the 100 largest financial stocks on NASDAQ. These indices were originally designed to segment NASDAQ into two major industry groups to support media coverage and to act as benchmarks for financial products such as options, futures, and funds. The NASDAQ-100 is re-ranked each year in December, timed to coincide with the quadruple witch options expiration Friday of the quarter.

Shares of each company in the Index are included in the NASDAQ-100 Index Tracking Stock(SM) (QQQ), which is an exchange-traded fund (ETF ETF

See Exchange Traded Fund.


ETF

See exchange-traded fund (ETF).
) that trades like a stock. It is the world's most actively traded ETF. On most trading days, it is also the second most actively traded security in the U.S. QQQ represents ownership in the Nasdaq-100 Trust(SM). The Trust holds a portfolio of equity securities that comprise the NASDAQ-100 Index and aims to provide investment results that, before expenses, generally correspond with the NASDAQ-100 Index performance. Since its inception in March 1999, the Trust's total assets have grown to over $18 billion.

About ATI Technologies

ATI Technologies Inc. is a world leader in the design and manufacture of innovative 3D graphics and digital media silicon solutions. An industry pioneer since 1985, ATI is the world's foremost visual processor unit (VPU) provider and is dedicated to deliver leading-edge performance solutions for the full range of PC and Mac desktop and notebook platforms, workstation, set-top and digital television, game console and handheld markets. With 2003 revenues in excess of $1.3 billion, ATI has more than 2,200 employees in the Americas, Europe and Asia. ATI common shares trade on NASDAQ (ATYT) and the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 (ATY).

About NASDAQ

NASDAQ is the world's largest electronic stock market. With approximately 3,400 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, transportation, retail, communications, financial services, media and biotechnology. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ Newsroom(SM) at www.NASDAQnews.com.

Copyright 2003 ATI Technologies Inc. All rights reserved. ATI and ATI product and product feature names are trademarks and/or registered trademarks of ATI Technologies Inc. All other company and product names are trademarks and/or registered trademarks of their respective owners. Features, pricing, availability and specifications are subject to change without notice.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Dec 11, 2003
Words:638
Previous Article:DIR Announcement: Governor Schwarzenegger Approves Loan to Injured Worker Fund.
Next Article:Sierra Health Services to Release Fourth Quarter and Year-End Results on Jan. 28, 2004.
Topics:



Related Articles
ATI's RADEON 7000 Graphics Boards Selected by Acer to Deliver Top-Quality Entertainment Capabilities to Acer Aspire Consumer Lines of PCs.
ATI Technologies ALL-IN-WONDER RADEON Now Available on HP Pavilion Home PCs.
ASUSTek Joins ATI as Premier Board Partner.
ATI and Samsung Electronics to cooperate on next-generation digital television products.
ATI Demonstrating Leadership and Gaining Momentum in Korean Market; Partnering with Leading OEMs and ODMs to Deliver RADEON Graphics.
ATI Licenses Sonic AuthorScript; AuthorScript Engine Enables Faster-Than-Real-Time DVD/CD Authoring for Next Generation Multimedia Video Cards.
Industry's First PCI Express Notebook PC Powered by ATI Graphics.
ATI PCI Express graphics chips added to PCI-SIG integrators list.
ATI Announces Highly Integrated Digital Television Solution for Consumer Electronics Manufacturers.
KY Ho and Betty Ho Insider Trading Allegations Dismissed By Ontario Securities Commission.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles