Appian Graphics, Market Leader in Multiple Monitor Solutions, Increases Equity Capitalization for Expansion.Business Editors/Technology Writers REDMOND, Wash.--(BUSINESS WIRE)--March 27, 2000 Capital Provides Appian with Additional Resources for Growth to Accelerate Product Development and Expand European Marketing Efforts Appian Graphics Since its inception in 1994, Appian Graphics was one of the leading suppliers of multi-monitor graphics accelerators. The company was famous for its Jeronimo and Gemini product lines, and for the HydraVision display management software. , the leader in multiple monitor solutions, today announced that it completed the first phase of its capital expansion plans to support continued growth of the company. The increase in its equity base was provided entirely by its existing shareholders, which includes its two principal shareholders, Gemini Investors of Boston, Mass., and SSM SSM abbr. surface-to-surface missile Venture Partners of Memphis, Tenn., and its management group. The increase of private equity capital will serve to accelerate Appian's growth by insuring for timely delivery of new products and aggressive marketing strategies aimed at improved customer support for the enlarging multiple monitor market. A second phase of additional equity capital is planned for mid year. Appian distributes and sells its multiple monitor solutions in over 35 countries worldwide through distributors, dealers, value-added resellers (VARs) and original equipment manufacturers (OEMs). Since 1994, Appian has pioneered the use of multi-monitor graphics cards and desktop management software aimed at increasing productivity, especially in the financial and computer-aided design/manufacturing (CAD/CAM CAD/CAM in full computer-aided design/computer-aided manufacturing. Integration of design and manufacturing into a system under direct control of digital computers. ) markets, where it occupies an overwhelmingly dominant position. Appian has established itself as the leading technology and unsurpassed customer support. The new funding will allow Appian to enlarge its marketing and customer support staff as it expands. Headquartered in Redmond, Wash., Appian has affiliate offices in Copenhagen, Denmark, and London, United Kingdom. "The timing of this new funding is important since Appian has never been better positioned to leverage its market leadership. We are fortunate to have the support of a confident shareholder base, including the strategic alliance with our partner, 3Dlabs, that insures for stability in our core chip technology," commented Barry Peters Barrance William Peters is a short story writer, sportswriter, and teacher. He has been published in Sudden Fiction (Continued) (60 New Short-Short Stories) (ISBN 0-393-31342-5) and Teaching Writing from a Writer's Point of View , Chairman 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. . "This is a strong boost at a pivotal time in Appian's development." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Appian's President and Chief Technology Officer, Richard Clark Richard Clark may refer to several people:
About Appian Market leader Appian Graphics designs, manufactures and markets award-winning, high performance multiple monitor display cards for information intensive markets such as finance, computer-aided design computer-aided design (CAD) or computer-aided design and drafting (CADD), form of automation that helps designers prepare drawings, specifications, parts lists, and other design-related elements using special graphics- and calculations-intensive (CAD), process control and digital content creation The development of newsworthy, educational and entertainment material for distribution over the Internet or other electronic media. See DAMS. . Dominating the multiple monitor industry with nearly half the market share, as reported by Dr. Jon Peddie in his April 1999 multi-monitor study, Appian's solutions have been recognized by world-renowned technology leaders such as IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Dell and Microsoft. Additional information about the Redmond, Wash., based company can be found on the World Wide Web at www.appian.com. Appian Graphics is a registered trademark of Appian Graphics Corp. Appian Duet, Appian Gemini, Appian Jeronimo, AppianXtras and HydraVision are trademarks of Appian Graphics Corp. Appian software programs and Appian hardware devices are covered by one or more of the following U.S. patents: 5,835,090; 5,848,294; 5,949,437. Additional patents are pending. All other trademarks are the property of their respective owners. |
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