AMIGA International Acquisition Finalized
HAMMERSMITH, London, U.K., May 16, 1997 - AMIGA International, Inc., a wholly-owned
subsidiary of Gateway 2000, Inc. (Nasdaq: GATE), has finalized the acquisition of
the assets of AMIGA Technologies.
The announcement was made at a news conference prior to the opening of the World
of Amiga conference in Hammersmith, London on Saturday, May 17 and Sunday, May 18.
"We have received many communications from the AMIGA user community regarding the
acquisition", said Jim Taylor, Senior Vice President of Global Marketing of Gateway
2000. "It is exciting to know how much support AMIGA continues to enjoy. Every AMIGA
customer should know that we share their belief in this product and we believe that
it has a strong role in our multimedia computing world".
Taylor was joined at the news conference by Petro Tyschtschenko, Managing Director
of AMIGA International.
"The AMIGA platform is gifted by a community of talented people", said Tyschtschenko.
"These strenghts will be of critical importance for the success of the plans of
AMIGA International".
Tyschtschenko outlined areas that AMIGA International is exploring to reinvigorate
the AMIGA market by:
- Supporting the existing AMIGA community
- Leveraging the existing AMIGA technology through broad licensing
- Assisting in developing new products based on open standards to the home
computer and video/graphics market
AMIGA International, Inc. will operate as a separate business unit of Gateway 2000.
AMIGA International currently has operations in Braunschweig, Germany for Logistics
and Service activities and has opened new offices near the Frankfurt airport in
Langen, Germany where Sales and Marketing are located. AMIGA International can be
reached on the World Wide Web at www.amiga.de.
About Gateway 2000
Gateway 2000, Inc., a Fortune 500 company founded in 1985, is a global leader in
the direct marketing of PCs. The company, headquartered in North Sioux City, South
Dakota, has manufacturing facilities in the United States, Ireland and Malaysia,
and employs over 9,700 people worldwide. Gateway 2000 products and services consistently
win top awards from leading industry publications. In 1996, the company shipped
1.9 million systems and reported revenues of $5 billion and net income of $250 million.
About AMIGA
Since the introduction of the AMIGA 1000 in 1985, AMIGA has represented the embodiment
of the efficient use of memory and hard drive capacity, while pioneering industry
developments in multimedia, 32-bit multitasking and autoconfiguration. AMIGA led
the industry in combining computer graphics, animation, and film sequences with
stereo sound known today as multimedia.