KY Ho and Betty Ho Insider Trading Allegations Dismissed By Ontario Securities Commission.MARKHAM, Ontario -- The Ontario Securities Commission The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance. has dismissed allegations of insider trading made against KY Ho, Chairman of ATI Technologies Inc., (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)(TSX:ATY). The allegations made against his wife, Betty Ho, were also dismissed. "We're delighted that KY has been found innocent," said Dave Orton, 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. and President of ATI. "The findings of fact findings of fact n. (See: finding) underline the belief that the company has held in this matter, that KY has always operated with honesty and integrity." ATI Technologies is one of Canada's most successful technology businesses and one of only two on the NASDAQ 100. ATI celebrated its twentieth birthday this August, and is now a US$2.2bn (about C$2.6bn) company with over 2,200 employees in Canada, out of 3,400 worldwide. About ATI Technologies ATI Technologies Inc. is the 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 graphics processing unit See GPU. (GPU) provider and is dedicated to delivering 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 device markets. With 2004 revenues of approximately US $2 billion, ATI has more than 3,400 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). Copyright 2005 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. For media or industry analyst support, visit our Web site at http://www.ati.com. |
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