ATI Working on Next Nintendo?
March 4, 2003

ATI announced today that they've entered into a "technology development agreement" with Nintendo, and that it's "major".  No further details are available at this time, but what else could it be but Nintendo's next console?  The press release is below:

ATI Technologies, Inc. (TSX: ATY, NASDAQ: ATYT), a world leader in the design and manufacture of innovative 3D graphics and digital media silicon solutions, announced today that it has entered into a technology development agreement with Nintendo Co., Ltd. Under the agreement, ATI and Nintendo are developing technologies for use in Nintendo products. No other details regarding the nature of this agreement are being made available at this time.

"ATI has had an excellent relationship with Nintendo for many years," said David Orton, President and Chief Operating Officer, ATI Technologies Inc. "We are pleased to enter into this major technology development agreement with Nintendo."

Reported By: Jared Black