VISIONTEK EXPANDS OPERATIONS TO EUROPE
Riding Success of Xtasy Graphics Cards in U.S. Markets,
Company Sets Sights on Top European Markets
London, UK / Gurnee, IL USA - February 1, 2002 - VisionTek, a leading
provider of advanced graphics and memory solutions for PCs, today announced
that it is expanding its operations to Europe with new offices in the United
Kingdom and Germany. Leveraging the success of its top-selling Xtasy(tm)
video cards, VisionTek is establishing new European sales and marketing
headquarters in London and an operations base in Aachen, Germany. Both
offices will be opened in early February 2002.
"We are delighted to bring VisionTek's best-selling graphics cards to
customers throughout the European community, said John Gunn, president of
VisionTek's Consumer Products Division. "Europe is truly becoming a unified
market, one that presents fertile ground for growth in the consumer PC
market. On the heels of reaching the No. 1 spot in U.S. retail market share,
we are prepared for an aggressive push into the European market with a
strong brand, exceptional products based on NVIDIA® graphics technology, and
a talented regional team."
By establishing a foothold in Europe, VisionTek also will extend the reach
of its successful relationship with NVIDIA Corporation, the global leader in
advanced graphics and multimedia processing technology for the consumer and
professional computing markets. "NVIDIA is very excited to support
VisionTek's entry into the European market," said Joe Gorfinkle, general
manager of NVIDIA Europe. "As our channel strengthens and grows across
Europe, it is important that we work with the key players in the market -
companies that not only have great products but an ambitious business model
that matches our own. Fresh from their retail success in the US, we are
confident that VisionTek will be a key partner in 2002."
Named No. 1 in U.S. retail market share among video card manufacturers in
the latest report from NPD INTELECT Market Tracking®, VisionTek offers
NVIDIA-based graphics solutions for all levels of consumers at multiple
price points. With its first-to-market, best-selling Xtasy 6964 graphics
accelerator, featuring NVIDIA's Ti 500 chipset, VisionTek has won major
awards including Maximum PC's Kick Ass Award, Computer Gaming World's
Editor's Choice, PC Gamer's Editor's Choice, and PC World's Top Ten Graphics
Cards for Gamers.
Founded in 1988, VisionTek is the largest manufacturer of 3D graphics
accelerators and memory in North America. VisionTek is also a leading
technology design and manufacturing services (TDMS) provider specializing in
the personal computer, telecommunications, industrial and medical markets.
The company's consumer products include PC graphics cards and memory,
compact flash and IEEE 1394 technology. VisionTek's PC OEM customers include
Apple, Compaq, Gateway, IBM, and Micron; its retailers include Best Buy,
CompUSA, Electronics Boutique, Fry's, Future Shop, and Gamestop. VisionTek
is ISO 9001 certified. For more information visit www.Visiontek.com.