Appian Transfers Software Technology to ATI; Multi-Monitor Pioneer Focuses on Professional Market.Business/High Tech Editors REDMOND, Wash.--(BUSINESS WIRE)--Aug. 9, 2001 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 leading provider of professional multi-display solutions, announced today an ownership transfer of HydraVision(TM) Desktop Management Software to 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. and the extension of a sales and distribution agreement established with 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. in November 2000. "The transfer of HydraVision software technology to ATI enables the more rapid development of the leading-edge desktop-management software technology pioneered by Appian Graphics over five years ago," said Wallace Smith Wallace "Bud" Smith (born April 2, 1924 in Cincinnati, OH —died July 11, 1973) was a world lightweight boxing champion. Amateur Career Smith represented the United States at the 1948 Olympic Games in the lightweight division. , Chairman and Chief Executive Officer of Appian Graphics Corporation. "ATI is the perfect company to shepherd dual-monitor technology into a mainstream market by developing low-cost, dual-monitor graphics boards -- all of which will now use HydraVision." Under the terms of the agreement, ATI acquires ownership of HydraVision desktop management software and related technologies, several multi-monitor related patents and the HydraVision trademarks. Appian and ATI also renew a sales and distribution agreement that provides Appian with exclusive marketing and sales rights to sell ATI-based multi-monitor products bundled with HydraVision to professional multi-display markets, including financial trading floor systems, audio and video editing See nonlinear video editing and video editor. systems, professional mapping systems, point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) systems and digital point-of-presence systems. "Appian will maintain the source and object rights to HydraVision with a more concentrated focus on our core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
Appian pioneered the multi-monitor market in 1995 with the Appian Impulse and the development of HydraVision. The combination of reliable multi-monitor graphics boards and user-friendly desktop management software made Appian the leading multi-monitor solution provider by 1999, according to John Peddie Associates. "The HydraVision Desktop Management Software application was an excellent product right out of the gate, garnering 50 percent market share in just three years," said Dr. Jon Peddie, President, Jon Peddie Associates. "In the nine months that HydraVision desktop management software has been a part of our industry-leading RADEON graphics technologies, we have experienced considerable customer acceptance of this solution," said Rick Bergman, Senior Vice President, Marketing, & General Manager, Desktop Marketing, ATI Technologies Inc. "Given that scenario and the fact that demand for this type of graphics solution is growing in the mainstream commercial and consumer markets, the decision to acquire HydraVision provides ATI with a key differentiator." About Appian Graphics Appian Graphics is the market leader for Xtended Desktop Solutions(TM) -- designing, manufacturing and marketing hardware, software and technology to improve productivity of the professional user by extending the desktop area and offering the attachment of multi-display devices. World-renowned technology leaders such as Compaq, Hewlett-Packard, 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 have recognized Appian solutions. Additional information about the Redmond, Wash.-based company can be found on the World Wide Web at www.appian.com. About ATI Technologies 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, 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 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 the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (ATY ATY Air Textured Yarn (textile) ATY Watertown, SD, USA (Airport Code) ATY After-Tax Yield ). Appian Graphics is a registered trademark of Appian Graphics. All other trademarks are the property of their respective owners. For media or industry analyst support, please visit our Web site at http://www.appian.com or by e-mail at marketing@appian.com |
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