CenterSpan Announces Major Socket OEM Agreement With Diamond Multimedia.Business/High Tech Editors HILLSBORO, Ore.--(BUSINESS WIRE)--July 17, 2000 Diamond Multimedia-Branded Graphics and Audio Accelerators to Now Include CenterSpan's Socket Group Activity Hub Application CenterSpan Communications (Nasdaq:CSCC CSCC Calgary Sports Car Club (Alberta, Canada) CSCC Clemson Sports Car Club CSCC Columbus State Community College (Ohio) CSCC Classic Sports Car Club (UK) ) today announced an agreement with Diamond Multimedia, the PC peripheral division of S3 Incorporated (Nasdaq:SIII), in which CenterSpan's Socket group activity hub application will be bundled with select Diamond Multimedia-branded graphics and audio accelerators. Initial distribution is scheduled to commence July 2000. Socket marketing materials will also be added to all existing Diamond Multimedia products currently available in the retail channel. CenterSpan has agreed to provide Diamond Multimedia product customers who install Socket with a high-quality audio headset Headphones combined with a microphone. Used in call centers and by people in telephone-intensive jobs, headsets provide the equivalent functionality of a telephone handset with hands-free operation. Many people use headsets at the computer so they can converse and type comfortably. . The customer pays only a shipping and handling fee. The first 30,000 eligible participants with select Diamond Multimedia products who install Socket qualify for this offer. With the addition of CenterSpan's Socket Group Activity Hub application, Diamond Multimedia graphics and audio accelerator users can enjoy real-time Internet communication and collaboration through instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or , text chat and voice conferencing. A new proprietary capability called "Launch and Connect" highlights collaborative applications shared among users in a chat or conference. Shared applications, including multi-player games, can also be launched and connected simultaneously on all desktops with one click. Additional applications not shared by all users can be acquired through a CenterSpan e-commerce partner. "Diamond Multimedia is one of the largest integrated multimedia peripheral providers in the world. Its graphics and audio accelerators target consumers looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. enhanced gaming and multimedia experiences," said Frank G. Hausmann, CenterSpan's 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. . "Having access to Diamond Multimedia's customers will significantly strengthen our position in the gaming and Internet enthusiast markets." "Diamond Multimedia is continuously in search of innovative, easy-to-use applications that will maximize the PC experience for our graphics and audio accelerator customers," said Grace Duval, Director of Product Marketing for Diamond Multimedia. "With its one-click connect capability, CenterSpan's Socket enables our customers to enjoy chatting with opponents during multi-player game battles, participate in group chat sessions, share applications with co-workers, family and friends and much more. It's the perfect value-add for our customers." About CenterSpan Communications Corporation CenterSpan Communications Corp. is a developer and marketer of software applications for PC-to-PC text messaging Sending short messages to a smartphone, pager, PDA or other handheld device. Text messaging implies sending short messages generally no more than a couple of hundred characters in length. and multi-point voice conferencing over the Internet enabling communication and collaborative information sharing See data conferencing. . The company is focusing on next generation PC-to-PC communication and collaboration technologies that enable real-time small group multimedia interaction over the Internet. Visit www.get-socket.com to download Socket. About Diamond Multimedia A division of S3 Incorporated, Diamond Multimedia delivers targeted PC peripheral products that meet the high-performance computing High-speed computing, which typically refers to supercomputers used in scientific research. needs of today's home consumers, business professionals and gaming enthusiasts. Diamond Multimedia's extensive product portfolio includes the awarding-winning Viper and Stealth stealth Any military technology intended to make vehicles or missiles nearly invisible to enemy radar or other electronic detection. Research in antidetection technology began soon after radar was invented. series of graphics accelerators A display adapter that performs a specialized set of graphics functions to render an image on screen. Today, all display adapters provide basic rendering functions in hardware, but many have graphics processing units (GPUs) that are sophisticated computers. and the Monster Sound and Sonic Impact series of audio cards. For more information on Diamond Multimedia, go to www.s3.com. Except for the historical information contained herein, the matters set forth in this press release, such as statements as to the expected commencement date for distribution and whether marketing materials will be added to products, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to risk and uncertainties, including the impact of competitive products and pricing and of alternative technological advances, the ability of S3 and CenterSpan to work together and to produce and move product into its distribution channels and the cooperation of distribution channel partners, and other risks detailed from time to time in S3's and CenterSpan's SEC reports, including its quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended March 31, 2000. S3 is a registered trademark of S3 Incorporated. The S3 corporate logo, Diamond Multimedia, Stealth, Viper, SpeedStar, Monster Sound and Sonic Impact are trademarks of S3 Incorporated. Other marks referenced herein are the property of their respective owners. |
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