STMicroelectronics and Imagination Technologies Extend Partnership To New Generations of PowerVR Technology.Business EditorsKINGS LANGLEY, England and GENEVA, Switzerland--(BUSINESS WIRE)-- June 26, 2001 STMicroelectronics to develop Graphics Accelerators based on PowerVR Series4 and Series5 Imagination Technologies Group (LSE LSE - Language Sensitive Editor : IMG IMG International medical graduate, see there ), the leading provider of human computer interface intellectual property (IP), and STMicroelectronics (NYSE NYSE See: New York Stock Exchange :STM (Scanning Tunneling Microscope) A microscope that can image down to the atomic level. An STM uses a piezoelectric tube with a tiny sharp tip at the end that is moved within nanometers of the object being sampled. ), a world leading supplier of system-on-chip solutions, today announced that they have extended their successful partnership to include the development and manufacture of a range of high performance PC graphics and video accelerators based on PowerVR(TM) Series4 and Series5 technology designed by Imagination Technologies' PowerVR Technologies division. This move follows the success of ST's KYRO(TM) and KYRO II(TM) graphics accelerators, which are based on PowerVR Series3. A dozen leading manufacturers of PC Graphics Add-In-Boards have already adopted KYRO and KYRO II technology for their products. The partnership agreement between ST and Imagination Technologies was forged in April 1999 and combines Imagination Technologies' acclaimed PowerVR tile based rendering technology with ST's world-class digital video know-how, process technology expertise, and manufacturing capability. "Our KYRO family of graphics accelerators has proven the considerable advantages of PowerVR's Tile Based Rendering over traditional graphics renderers to both manufacturers and end-users. The advantages of PowerVR will only increase as future applications increase in complexity and PowerVR Series4 and 5 will offer users unrivalled performance without the price premium enforced on other graphics solutions by their outdated designs," said Tim Chambers, VP and General Manager of ST's Graphics Product Division. "ST has made KYRO into one of the strongest emerging brands in the marketplace and offers a viable alternative to the `brute-force' technologies of its competitors. With ST's commitment to a roadmap based on PowerVR Series4 and Series5, the KYRO family of graphics accelerators will continue to provide outstanding performance, features and unrivalled value", said Hossein Yassaie, 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. of Imagination Technologies. PowerVR takes a different algorithmic approach to 3D, aiming to eliminate redundant processing and avoid memory bottlenecks. By doing only what is absolutely necessary, and by keeping as much 3D processing as possible on-chip, PowerVR's combination of Tile Based Rendering, 32-bit True Color, 8 Layer Multitexturing and Hidden Surface Removal See z buffer. allows maximum performance to be extracted from the available memory bandwidth. About STMicroelectronics STMicroelectronics is the world's third largest independent semiconductor company. The Company shares are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , on Euronext Paris and on the Milan Stock Exchange Milan Stock Exchange The largest regional stock exchange in Italy, facilitating more than 90% of the country's trading volume. . The Company designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (ICs) and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems. In 2000, the Company's net revenues were $7,813.2 million and net earnings were $1,452.1 million. Further information on ST can be found at www.st.com. About Imagination Technologies Imagination Technologies Group plc is an international company that develops, licenses and supplies market-leading 2D/3D graphics, digital video, Digital Signal Processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). , audio and speech technologies and products for consumer entertainment and PC Markets. The company has deployed and planned technologies for games consoles, PC's, arcade entertainment machines, digital set-top boxes, in car information/entertainment systems, and mobile devices. Since it was founded in 1985, the company has introduced, via licensing arrangements or directly, a succession of innovative technologies, silicon chips and add-in boards, which have played a major role in the development of multimedia and computer-based entertainment systems. Imagination Technologies Group plc has its corporate headquarters in the United Kingdom and is publicly traded on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. :IMG). More information is available on the Imagination Technologies web site at www.imgtec.com. About PowerVR Technologies PowerVR Technologies - a division of Imagination Technologies - develops and markets the unique PowerVR graphics/video technology. Existing partners licensing the technology include NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. and STMicroelectronics. PowerVR Technologies design wins have included Sega's latest video games console, Dreamcast, the Naomi arcade system, which is used in the majority of new arcade machines worldwide, and numerous PC add-in and OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers. More information is available on the PowerVR Technologies web site at www.powervr.com Editors Note: KYRO and KYRO II are trademarks of STMicroelectronics PowerVR is a trademark of Imagination Technologies |
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