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Cooperation Extends Availability of NVIDIA’s Quadro Product Family to System Integrators, Value-Added Resellers, Distributors, and End Users
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FOR IMMEDIATE RELEASE:
SANTA CLARA, CA — APRIL 24, 2002 — NVIDIA® Corporation (Nasdaq: NVDA) today announced that its award-winning Quadro™ professional graphics solutions will be available to system integrators, distributors, value-added resellers, and end users in the U.S. and Europe through its channel partner, PNY Technologies, Inc (PNY). The two companies agree to jointly market the Quadro workstation family, designed and built by NVIDIA. NVIDIA will continue to develop and manufacture Quadro-based Graphics Processing Units (GPUs), and sell and market directly to major workstation OEMs, including Compaq, Dell Computer, Fujitsu Siemens Computers, Hewlett-Packard Company, and IBM.
“With one out of every two workstations shipping with Quadro workstation graphics, NVIDIA is widely recognized as the leader in professional graphics solutions,” said Jeff Fisher, executive vice president of worldwide sales at NVIDIA. “PNY has proven to be a strong channel partner for NVIDIA with its Verto brand of graphics cards based on NVIDIA’s GeForce™ consumer GPUs. Now with PNY’s increased focus and investment in the 3D and 2D workstation markets, they are equipped to service the needs of our professional customers--from the end user to the individual retailer to the Fortune 500 enterprise customer.”
“NVIDIA and PNY have enjoyed a successful relationship,” said John Hughes, senior vice president of business development for PNY. “This new arrangement will enable PNY to access the best workstation-class graphics solutions and deliver them to CAD, DCC and 2D professionals worldwide under the PNY Quadro4 brand. Our existing global infrastructure, sales and distribution networks, coupled with our expertise in marketing, logistics and customer/technical services will uniquely position PNY to respond to the needs of a broad range of workstation users.”
Announced in February, the Quadro4 family is a complete, top-to-bottom family of workstation graphics solutions that deliver the industry’s highest performance and most complete feature set at unprecedented values. The Quadro4 XGL GPU series is the ideal solution for every level of user of computer-aided design and digital content creation applications, while the Quadro4 NVS series of multi-display professional solutions offers industry-leading acceleration for professional 2D applications popular in the financial services market and the Non-Linear Video Editing (NLE) market. New technology introduced in the Quadro4 family includes:
NVIDIA’s Quadro4 graphics boards are available in workstations from OEM manufacturers including Compaq Computer Corporation, Dell Computer, Hewlett-Packard Company, and IBM. Vertical System Integrators offering solutions from the Quadro4 family include Boxx Technology, Colfax International, DigitalScape, LT Micro/The 3D Shop, Max Black Systems, MaxVision, and Tristar International.
Since its inception in 1985, PNY has established long-standing relationships with a number of major retail channel partners where the company has earned its reputation as a supplier of top quality, innovative solutions for everything in and around the computer. PNY’s memory products currently account for a majority share of all retail sales in the U.S. The company has significantly expanded the breadth of its consumer line in recent years with the introduction of products such as CD media and flash memory (Compact Flash™, Smart Media™ MMC and SD) and Verto™ graphics cards. All PNY products are backed by a comprehensive warranty and toll-free technical support.
PNY Technologies, Inc., is an ISO 9000 registered company. Headquartered in Parsippany, New Jersey, PNY maintains manufacturing facilities and sales offices in North America (Santa Clara, California and Parsippany, New Jersey) and Europe (Ballivor, Ireland and Bordeaux, France) and the Far East (Taiwan).
NVIDIA Corporation (Nasdaq - NVDA), located in Santa Clara, CA, is the global leader in advanced graphics and multimedia processing technology for the consumer and professional computing markets. Its 2D, 3D, video and multimedia capabilities make NVIDIA one of the premier semiconductor companies in the world. NVIDIA offers a wide range of products and services, delivering superior
performance and crisp visual quality for PC-based applications such as manufacturing, science, e-business, entertainment and education.
Certain statements in this press release, including the statements relating to the Company's performance expectations for NVIDIA's family of products and expectations of continued revenue growth, are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Such risk and uncertainties include, but are not limited to, manufacturing and other delays relating to new products, difficulties in the fabrication process and dependence of the Company on third-party manufacturers, general industry trends including cyclical trends in the PC and semiconductor industries, the impact of competitive products and pricing alternatives, market acceptance of the Company's new products, and the Company's dependence on third-party developers and publishers. Investors are advised to read the Company's Annual Report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission, particularly those sections entitled "Certain Business Risks," for a fuller discussion of these and other risks and uncertainties.
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