Submitted by: Elsa on: 26-Jul-2000

ELSA AG (Neuer Markt, Frankfurt: WKN 507 360) and NVIDIA Corporation® (Nasdaq: NVDA) announced today the formation of a strategic partnership in the workstation graphics market. ELSA and NVIDIA today signed a letter of intent to combine their workstation expertise to build a complete line of industry leading professional workstation products

The two companies will jointly market a
complete line of workstation products, designed and built by NVIDIA. NVIDIA
will market directly to all major OEMs, while ELSA will receive the
worldwide exclusive distribution rights to market to all other channels,
including system integrators, value-added resellers and distributors. As
part of the agreement, ELSA's workstation graphics engineering team will
join NVIDIA.

"The combination of our extensive workstation experience
and NVIDIA's breakthrough technology is unbeatable," stated Theo Beisch,
president and CEO of ELSA AG. "This agreement will enable ELSA to access the
best technology in the world and timely deliver cutting-edge graphics
solutions to workstation professionals world wide. This exclusive
partnership will enable ELSA to utilize our worldwide brand and channel
presence to more efficiently service our growing international customer
base."

"ELSA is a recognized leader in professional workstation
graphics solutions. This partnership is a crucial step in NVIDIA's plan to
transform the workstation industry," said Jen-Hsun Huang, president and CEO
of NVIDIA. "We intend to combine ELSA's experience and knowledge of the
workstation markets with our industry leading graphics technology to offer a
world class family of products that solve the challenging graphics needs of
the visualization, animation, and CAD professionals."




About ELSA
ELSA is one of the leading providers of Internet access and
computer graphics solutions for the PC. Its product range includes modems,
ISDN adapters, ISDN and DSL routers, videoconferencing systems, graphics
boards and monitors. ELSA was founded in 1980 and today has more than 600
employees. In addition to its headquarters in Aachen, Germany, it also
maintains subsidiaries in San José (USA), Taipei (Taiwan) and Tokyo (Japan)
as well as in London (UK), Paris (France), Milan (Italy) and Brussels
(Belgium). Since June 1998, ELSA AG shares are traded on the "Neuer Markt"
(WKN 507 360) trading segment of the Frankfurt stock exchange in Germany.

About NVIDIA
The computing industry recognizes NVIDIA as the global
leader in advanced graphics processing technology for mainstream platforms,
honoring the company with the most graphics awards in the history of the PC
industry. The unmatched breadth of the NVIDIA product family enables
gripping multimedia experiences for the entire desktop computer market from
workstations to internet-enabled appliances. PC OEMs, add-in card
manufacturers, system builders, and consumer electronics companies worldwide
choose NVIDIA GPUs as the core component of their graphics processing
solutions. NVIDIA GPUs are used by large corporations, small- to
medium-sized businesses, and home-based consumers. NVIDIA graphics
processors deliver superior performance and crisp visual quality for
PC-based applications such as manufacturing, science, e-business,
entertainment, and education. For more information, please visit the
Company's web site at http://www.nvidia.com.

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
"Factors Affecting Operating Results," for a fuller discussion of these and
other risks and uncertainties.

http://www.nvidia.com

http://www.elsa.com

 

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