NVIDIA AND INTEL SIGN BROAD CROSS-LICENSE AND CHIPSET LICENSE AGREEMENTS
LONDON - NOVEMBER 19TH, 2004 - NVIDIA Corporation (Nasdaq: NVDA), a worldwide leader in graphics and digital media processors, today announced that the companies have signed a broad, multi-year patent cross-license agreement spanning multiple product lines and product generations. Additionally, the companies signed a multi-year chipset agreement for NVIDIA to license Intel's front-side bus technology. This will enable NVIDIA to deliver the NVIDIA nForceTM platform technology on Intel-based systems.
"Today's agreements are significant for both companies and, more importantly, represent a win for our mutual customers who now have more choices for enhancing the PC experience," said Louis Burns, Intel vice president and general manager, Desktop Products Group.
"NVIDIA and Intel are working together to enhance the end-user computing experience," added Jen-Hsun Huang, president and chief executive officer of NVIDIA. "NVIDIA's product portfolio offers exciting technology options to Intel customers, including the NVIDIA nForce platform and the PCI Express-based SLI graphics technology solution."
Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking, and communications products. Additional information about Intel is available at www.intel.com/pressroom.
NVIDIA Corporation is a worldwide leader in graphics and digital media processors. The Company's products enhance the end-user experience on consumer and professional computing devices. NVIDIA GPUs (graphics processing units), MCPs (media and communications processors), and WMPs (wireless media processors) have broad market reach and are incorporated into a variety of platforms, including consumer and enterprise PCs, notebooks, workstations, PDAs, mobile phones, and video game consoles. NVIDIA is headquartered in Santa Clara, California and employs more than 2,000 people worldwide. For more information, visit the Company's Web site at www.nvidia.co.uk.
Certain statements in this press release, including any 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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