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Top Industry Analysts Validate NVIDIA’s Market Position; Company Sets its Sights on New Growth Segments
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FOR IMMEDIATE RELEASE:
SANTA CLARA, CA - APRIL 30, 2002 - NVIDIA® Corporation (Nasdaq: NVDA) today reported that its Quadro™ family of professional graphics solutions have earned the top spot as the 3D workstation market leader in recent reports by Gartner, IDC and Jon Peddie Research (JPR), three respected research and consulting firms. With its most recent product generation--called Quadro4--NVIDIA offers 3D and 2D solutions that span the entire workstation market and deliver industry-leading 3D and 2D performance; the highest number of professional application certifications; and innovative new features such as advanced shader operations and multi-display technology.
“NVIDIA Quadro exemplifies the strongest, broadest, most recognized workstation brand in the graphics industry,” stated Dan Vivoli, vice president of marketing at NVIDIA. “Earlier generations of Quadro products transformed the 3D DCC and CAD markets. Our new Quadro4 family continues to drive innovation and growth in 3D while expanding into new 2D workstation segments including non-linear video editing, financial trading and electronic design automation. With a well-established reputation for outstanding 3D performance, quality and rapid innovation, Quadro4 graphics solutions are well aligned to become the platform of choice for the 2D professional.”
In a recent quarterly report entitled “Market Watch,” Jon Peddie Research noted that NVIDIA Graphics Processing Units (GPUs) were shipped in more graphic add-in boards (AIBs) for the 3D workstation market than from any other supplier, commanding 65 percent market share in the second half of 2001 (Q3 and Q4). In another report, Worldwide Professional Graphics Update, IDC attributed NVIDIA’s growth in the fourth quarter of 2001 to strong shipments of the Quadro2 MXR and Quadro2 EX graphics cards, and placed NVIDIA’s share at 55 percent of the professional 3D market. The most recent Gartner data estimates NVIDIA’s leading market share position at 52 percent for the first half of 2001.
“NVIDIA has been aggressively targeting the workstation graphics market over the last two years and it has paid off,” said Kara Yokley, workstation research manager at IDC. “With the new Quadro4 solutions, it is well positioned to capture share in new segments and further grow its overall market presence.”
“By striking the right partnerships and maintaining its unrelenting technical performance, NVIDIA should extend its graphics dominance into the 2D space,” said Jon Peddie, president of Jon Peddie Research. “We expect NVIDIA to capture a significant portion of the 2D segment and put substantial pressure on the 3D high-end.”
Announced in February, the Quadro4 family is a complete, top-to-bottom family of workstation graphics solutions delivering 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, 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. PNY Technologies, Inc. will also be offering the full Quadro4 product line.
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 risks 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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