Press Release
- 2003
ATI Technologies added to the NASDAQ-100
Thursday December 11,
2003
Markham, Ontario – ATI Technologies Inc. (TSX: ATY, NASDAQ:
ATYT), announced today that it has been added to the NASDAQ-100
Index®. ATI stock will also be included in the NASDAQ-100
Index Tracking Stock (Amex: QQQ).
“ATI’s inclusion in the NASDAQ-100 signals our company’s
emergence as one of the leading innovation companies in the world,” said
KY Ho, Chairman and Chief Executive Officer of ATI. This achievement
is testament to the hard work of the people at ATI who have built
a world-leading visual processor company. “Through our
team’s efforts, our visual processors have become the products
of choice for every platform, from the PC to digital consumer
markets of color cell phones, DTV and game consoles. The expansion
of ATI’s position in PC markets and growth opportunities
in new markets has enabled us to deliver revenue growth and strong
financial performance.”
The announcement comes at the end of a year in which ATI has
led the PC graphics market in terms of performance and technology,
begun shipping media co-processors in large volume to Motorola
for its high-selling “triplets” phones, announced
HDTV technology wins with companies including Samsung and Sony,
and announced technology development contracts with Nintendo
and Microsoft’s Xbox division.
The NASDAQ-100 Index, founded in 1985, comprises the 100 largest
non-financial stocks on the NASDAQ Stock Market and was launched
with the NASDAQ Financial-100 Index, which comprise the 100 largest
financial stocks on NASDAQ. These indices were originally designed
to segment NASDAQ into two major industry groups to support media
coverage and to act as benchmarks for financial products such
as options, futures, and funds. The NASDAQ-100 is re-ranked each
year in December, timed to coincide with the quadruple witch
options expiration Friday of the quarter.
Shares of each company in the Index are included in the NASDAQ-100
Index Tracking StockSM (QQQ), which is an exchange-traded fund
(ETF) that trades like a stock. It is the world's most actively
traded ETF. On most trading days, it is also the second most
actively traded security in the U.S. QQQ represents ownership
in the Nasdaq-100 TrustSM. The Trust holds a portfolio of equity
securities that comprise the NASDAQ-100 Index and aims to provide
investment results that, before expenses, generally correspond
with the NASDAQ-100 Index performance. Since its inception in
March 1999, the Trust's total assets have grown to over $18 billion.
Copyright 2003 ATI Technologies Inc. All rights reserved.
ATI, the ATI logo, 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 ATI Technologies
ATI Technologies Inc. is a 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
and is dedicated to deliver 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 markets. With 2003 revenues
in
excess of $1.3 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).
About NASDAQ
NASDAQ is the world’s largest electronic stock market. With approximately
3,400 companies, it lists more companies and, on average, trades more shares
per day than any other U.S. market. It is home to category-defining companies
that are leaders across all areas of business including technology, transportation,
retail, communications, financial services, media and biotechnology. For more
information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the
NASDAQ NewsroomSM at www.NASDAQnews.com.
Contact Information
For media inquiries, please contact:
Patricia Mikula, Public Relations Manager,
Desktop and Workstation Products, ATI Technologies Inc.,
at (905) 882-2600, Ext. 8809 or pmikula@ati.com
For media relations, please contact:
Anne Ferguson, Porter Novelli Canada, at (416) 422-7163, or tenille.kennedy@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
