Press release

07 July 1999

Minister of State Visits Leading UK Technology Company

Baroness Blackstone, Minister of State for Education and Employment Visits Imagination Technologies

Imagination Technologies the international company that develops, designs, licenses and supplies market-leading 2D/3D graphics accelerator, video and audio products for PCs, games consoles and arcade entertainment machines will be visited by Baroness Blackstone, Education and Employment Minister, who will tour the cutting-edge company’s high-tech design facilities.

Imagination Technologies is one of a small, exciting new breed of UK companies that rely on intellectual property as their main asset. Imagination Technologies will welcome Baroness Blackstone on the 15th October 1999 at its headquarters in Kings Langley, Hertfordshire.

Geoff Shingles, chairman of Imagination Technologies, will take the opportunity to compliment the Minister on her efforts to enhance the output of Further Education establishments and ask for her continued support for this fast growing new sector of the economy.

Says Mr. Shingles: “”;92% of our employees have university degrees and 85% of those are in mathematics, engineering and the sciences so the continued highest quality educational output from all Further Education establishments is vital to us. We will be able to show Baroness Blackstone the direct correlation between educational excellence and business success.””;

Imagination Technologies’ leading edge silicon chip designs are used in game consoles, PCs and the majority of the world’s new arcade machines. In future they will be used in new generation of interactive set-top-boxes for digital TV and in mobile, hand-held, devices.

Recently Imagination Technologies has received widespread coverage as the designer of the PowerVR 2DC graphics chip used in the Sega Dreamcast console. Dreamcast has already sold over 1 million units in Japan, and over 500,000 units in its first two weeks on sale in the USA, breaking numerous industry records.

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