ATI Technologies and Pinnacle Systems Announce Strategic Partnership.Business Editors MARKHAM, Ontario--(BUSINESS WIRE)--April 8, 2002 ATI Technologies “ATI” redirects here. For other uses, see Ati. ATI Technologies U.L.C. ATI is a major Canadian designer and supplier of graphics processing units, motherboard chipsets, and video display cards. Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :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) ) and Pinnacle Systems Pinnacle Systems, Inc. is a California-based American manufacturer of digital video hardware and software for the consumer and broadcast markets. It was founded in 1986. In 2002 Pinnacle purchased VOB Computersysteme GmbH (now pinnaclesys.de). , Inc. (NASDAQ: PCLE) have agreed to join forces to combine ATI's graphics technologies with Pinnacle's video technologies for future product developments. Pinnacle will utilize ATI's leading edge graphics and video technology as its hardware platform for future prosumer (PROfessional conSUMER) A person who is very knowledgeable about a subject and likes to purchase high-quality equipment. For example, many digital cameras fall into the prosumer category. video editing solutions. 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. will bundle Pinnacle's award winning consumer 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 with its future WONDER-branded products. "ATI is the clear leader in combining graphics and video technology," said Bill Loesch, Vice President, Engineering and Product Management, Personal Web Video Division, Pinnacle Systems. Inc. "By combining ATI's innovative graphics technology with Pinnacle's superior video technology, we will deliver revolutionary products to our customers. Our goal is to work with ATI as our strategic technology partner to deliver exciting video editing solutions later this year." "We have long recognized Pinnacle Systems as the provider of the best video editing software solution for the consumer market," said Rick Bergman, Senior Vice President of Marketing, ATI Technologies Inc. "By marrying Pinnacle's technologies with ATI's award winning ALL-IN-WONDER and DV WONDER product lines, our products will remain the decisive leaders of all PC video solutions. ATI's customers will greatly benefit from our strategic relationship with Pinnacle as they will get the best video hardware from ATI and the industry's best editing software created by Pinnacle." About Pinnacle Systems, Inc. Pinnacle Systems provides cutting-edge digital video creation, storage, streaming and viewing solutions for broadcasters, video professionals and consumers. Pinnacle Systems solutions help enable the creation, management and distribution of video via cable, satellite, video-on-demand (VOD See video-on-demand. VoD - video on demand ), digital video disks (DVDs) and the Internet, along with consumer editing products for home movie making and DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. creation. The company has won eight Emmy Awards for its technical innovations for broadcast products and carries its commitment to technology throughout all of its product lines. Pinnacle Systems may be reached at (650) 526-1600 or at www.pinnaclesys.com. About ATI Technologies Inc. Founded in 1985, ATI Technologies Inc. is a world leader in the supply of graphics, video and multimedia solutions for the personal computer and Mac platforms. The pioneer, innovator and market leader in the graphics industry, ATI provides cutting-edge technologies for the PC, workstation, set-top box, game console and other consumer appliances markets. The Company has more than 1,900 employees supporting customers from its headquarters in Markham, Ontario, Canada, as well as from offices in Barbados, France, Germany, Hong Kong, Ireland, Japan, Malaysia, the United Kingdom and the United States. 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). This press release contains forward-looking statements that involve risks and uncertainties. Actual results may be materially different from those contained in such forward-looking statements. The markets for the Company's products are characterized by rapidly changing technology, evolving industry standards, frequent new product introductions, emerging competitors and significant price competition. In the event that the Company is unsuccessful in identifying, developing, manufacturing or marketing new products or enhancing its existing products or maintaining its historic prices or margins, its operating results will be adversely affected. Additional information concerning factors that could cause actual results to materially differ from those in such forward-looking statements is contained in the Company's filings with securities regulatory authorities. ATI disclaims any obligation or intention to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Copyright 2002 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.
ATI TECHNOLOGIES INC.
1 Commerce Valley Drive East
Markham, Ontario Canada L3T 7X6
Telephone: (905) 882-2600
Facsimile: (905) 882-2620
www.ati.com
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