Press Release
- 2003
ATI and SAMSUNG Electronics To Cooperate on Next-Generation Digital Television Products
ATI chips to give Samsung’s customers the ultimate visual experience!
Thursday
November 6, 2003
MARKHAM, Ontario – ATI Technologies Inc. (TSX:ATY, NASDAQ:ATYT)
announced today that it has signed an agreement with SAMSUNG
Electronics for strategic cooperation and joint development for
Samsung’s next generation of digital television platforms.
This new generation of SAMSUNG digital TV’s are to be powered
by ATI’s Xilleon™ and NXTWAVE™ chips, providing
outstanding digital and analog picture quality, and exceptional
reception capabilities, allowing consumers to enjoy the ultimate
visual experience.
“SAMSUNG recognizes ATI’s world class MPEG decoder,
and RF signal reception capability. Coupled with ATI’s
outstanding semi-conductor and software capabilities, they are
the technical leader in the visual display market,” said
Chang-wan Hong, Vice President, Visual Display Division, SAMSUNG
Electronics. “We’re pleased to utilize and leverage
ATI’s advantages in our digital television products.”
“ATI has a long standing successful relationship with
SAMSUNG. We’re proud to continue our great work together
with these upcoming digital television products,” said
Geoff Phillips, Vice President and General Manager, Digital Television
Business Unit, ATI Technologies Inc. “As a recognized leader
in the consumer product marketplace, SAMSUNG has the world class
expertise to take advantage of ATI’s technology in its
digital television products. Our collaborative efforts will deliver
amazing visual quality and performance for television consumers.”
ATI has developed a number of industry leading chips for the
digital television market. Some of which include: Xilleon, the
world’s first high-definition MPEG decoder system-on-chip;
NXT2003™, the world’s only single-chip ATSC/OpenCable
digital demodulator; and the THEATER™ 310, ATI’s
latest receiver -- the performance leader in ATSC (Advance Television
Systems Committee), NTSC (National Television Systems Committee)
and Digital Cable reception.
Forward-looking Statements and Uncertainties
Certain statements in this press release constitute “forward-looking
statements.” When used in this press release, words such as “plans,” “intends,” “anticipates,” “should,” “estimates,” “expects,” “believes,” “indicates,” “targeting,” “suggests,” and
similar expressions are intended to identify forward-looking statements.
Forward-looking statements are based on current expectations and entail various
risks and uncertainties that are outlined in this press release and in the
Company’s 2002 Annual Report and 2001 Annual Information Form. As a
result of these risks and uncertainties, the Company’s operating results
and common share price may be subject to significant volatility, particularly
on a quarterly basis. For example, the markets for the Company’s products
are characterized by changing market conditions, frequent new product introductions,
seasonal and variable demand and rapid technology changes. Other factors
that could cause the Company’s results to vary include, but are not
limited to, lack of anticipated growth in the demand for PCs, gaming consoles
and consumer electronic devices in which the Company’s products are
incorporated, reductions in the Company’s average selling prices for
its products due to competitive pressures and other factors, the introduction
of new products by the Company’s competitors which render the Company’s
products non-competitive, delays encountered by the Company in developing
new products or enhancements, including integrated graphics and core logic
components, in the time frame required by its customers, delays in manufacturing
or unfavourable manufacturing yields experienced by the Company’s independent
foundries, unexpected variances in material costs, including silicon wafer,
memory and printed circuit boards, and constraints on the supply of components
utilized in the Company’s products and in the PC industry generally.
These risks and uncertainties could cause or contribute to actual results
that are materially different from those anticipated or experienced in the
past. Additional information concerning factors that could cause the Company’s
financial results to fluctuate is contained in the Company’s filings
with Canadian and U.S. securities regulatory authorities. ATI disclaims any
obligation or intention to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise.
Copyright 2003 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.
About SAMSUNG Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor,
telecommunications, and digital convergence technology. Samsung
Electronics employs approximately 75,000 people in 89 offices
in 47 countries and business performance for 2002 account for
49.6
billionUS$ in sales and 5.9 billion US$ in net income. Samsung
Electronics is the world’s leading company of advanced semiconductors,
TFT-LCD’s, CDMA mobile phones, monitors and VCR’s.
Samsung Electronics consists of four main business units: Device
Solution Network, Digital Media Network, Telecommunication Network
and Digital Appliance Network Businesses. More information can
be found at http://www.samsung.com.
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 visual processor unit (GPU) provider. ATI is dedicated
to delivering leading-edge performance solutions for the full range
of PC and Mac desktop and notebook platforms, workstations, set-top
and digital televisions, game consoles and handheld device markets.
With 2002 revenues in excess of US $1 billion, ATI has more than
2,200 employees in the Americas, Europe and Asia. ATI common shares
trade on NASDAQ (ATYT) and the Toronto Stock Exchange (ATY).
Contact Information
For media or industry analyst support, visit our Web
site at http://www.ati.com
For Information:
John Swinimer, Public Relations Manager, Consumer Products Division,
at (905) 882-2600, Ext. 8456 or swinimer@ati.com
Other ATI Contacts:
Trevor Campbell, Manager, Porter Novelli Canada, at (416) 422-7202
or trevor.campbell@porternovelli.com
For investor relations support, please contact:
Janet Craig, Director, Investor Relations, ATI Technologies Inc.,
at (905) 882-2600, Ext. 2631 or janet@ati.com
