Wednesday March 6, 9:01 am Eastern Time
SOURCE: NVIDIA Corporation
NVIDIA GeForce3 GPU Named 'Best Hardware' by Computer Games Magazine
SANTA CLARA, Calif., March 6 /PRNewswire-FirstCall/ -- Adding to an already impressive list of awards, NVIDIA® Corporation (Nasdaq: NVDA - news) announced today that its GeForce3(TM) Graphics Processing Unit (GPU) has been crowned ``Best Hardware'' of 2001 by Computer Games Magazine. Unveiled in the magazine's March 2002 issue, the winners of the 11th Annual Computer Games awards represent the best products in PC gaming as selected by the magazine's editorial staff.
``The GeForce3 GPU includes new pixel and vertex shaders that allow game developers to take advantage of numerous real-time special effects and custom looks resulting in amazingly rich graphic environments,'' said Dan Vivoli, vice president of marketing for NVIDIA. ``We're pleased that the editors of Computer Games magazine recognized the GeForce3 GPU as the clear technology leader.''
The NVIDIA GeForce3 family of GPUs integrates the NVIDIA nfiniteFX(TM) Memory Architecture to bring rich environments and characters to life. The nfiniteFX engine features NVIDIA's Shader Technology, a collection of patented 3D technologies enabling the creation of interactive, cinematic-quality realism through the use of highly programmable processing elements. As with all of the GeForce family products, GeForce3 drives extreme resolutions and color depths of up to 2048x1536x32. The GeForce3 family of products includes the GeForce3, the GeForce3 Ti 200 and GeForce3 Ti 500.
NVIDIA Corporation, 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.
And unrelated to this award, Nvidia just got hit with a class action lawsuit, d'oh! Nothing to do with their cards though (sorry no refunds for those of you that just bought a Ti500!) the suit alleges accounting violations.
...The complaint alleges that as part of their effort to boost the price of NVIDIA stock, defendants misrepresented NVIDIA's true prospects in an effort to conceal NVIDIA's improper acts until they were able to sell at least $66 million worth of their own NVIDIA stock. In order to overstate revenues and assets in its 4Q 00, 1Q 01, 2Q 01 and 3Q 01, NVIDIA violated Generally Accepted Accounting Principles and SEC rules by engaging in an illegal accounting scheme. This scheme had the effect of dramatically overstating revenues and assets.
Not that I want to give ammo to nvidia haters, I myself am pretty much neutral on the Nvidia vs ATI debate, so don't try to brand me either way!! I am neutral, I am switzerland, lol! I think they both make great cards and we the consumer benefit from it!
A newbie is only a newbie for as long as you allow him to be.