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ATI AND PINNACLE SYSTEMS ANNOUNCE STRATEGIC PARTNERSHIP.

ATI Technologies Inc. (TSE:ATY, NASDAQ:ATYT) and Pinnacle Systems, Inc. (NASDAQ: PCLE) have agreed to join forces to combine ATI's graphics technologies with Pinnacle's video technologies for future product developments. Pinnacle will utilize ATI's leading edge graphics and video technology as its hardware platform for future prosumer video editing solutions. ATI will bundle Pinnacle's award winning consumer video editing software with its future WONDER-branded products.

"ATI is the clear leader in combining graphics and video technology," said Bill Loesch, Vice President, Engineering and Product Management, Personal Web Video Division, Pinnacle Systems. Inc. "By combining ATI's innovative graphics technology with Pinnacle's superior video technology, we will deliver revolutionary products to our customers. Our goal is to work with ATI as our strategic technology partner to deliver exciting video editing solutions later this year."

"We have long recognized Pinnacle Systems as the provider of the best video editing software solution for the consumer market," said Rick Bergman, Senior Vice President of Marketing, ATI Technologies Inc. "By marrying Pinnacle's technologies with ATI's award winning ALL-IN-WONDER and DV WONDER product lines, our products will remain the decisive leaders of all PC video solutions. ATI's customers will greatly benefit from our strategic relationship with Pinnacle as they will get the best video hardware from ATI and the industry's best editing software created by Pinnacle."
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Comment:ATI AND PINNACLE SYSTEMS ANNOUNCE STRATEGIC PARTNERSHIP.
Publication:EDP Weekly's IT Monitor
Geographic Code:1USA
Date:Apr 29, 2002
Words:220
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