Dave Baumann
21-Aug-2002, 13:56
<p align="center">Gainward’s European Growth Exceeds 65%
Business remains strong - Earnings before tax up by over 400%</p>Taipei - Hong Kong - Fremont/Ca., - London - Munich – August 21st, 2002.
Gainward Europe GmbH, the European sales and marketing organization of Gainward Ltd., Taiwan, the leading manufacturer of advanced, high performance 3D graphics processor cards and home entertainment accelerators, today reports that revenue grew in Europe in the first 7 months of FY2002 (calendar year) by over 65% from $12.600.000 to $20.900.000. Earnings before tax were up by 412% to $ 650.000. In FY2002 Gainward Europe GmbH expects to grow revenue by at least 70% to over €50.000.000. Even in the slow month of July Gainward’s European revenue grew by 102% to exceed $3.700.000.
“Growing the Gainward business in Europe from scratch to over €50.000.000 in only 2 years is one of the most exciting success stories in graphics industry”, commented Hans-Wolfram Tismer, Gainward’s Managing Director Europe. “We strongly believe that Gainward’s advanced implementation of NVIDIA’s leading technologies repre-sents the best offer for our customers in all major market segments today. We would like to thank all our customers for their overwhelming endorsement and appreciation of Gainward’s award-winning, higher performance, hand-selected Golden Sample products.”
During FY2001 Gainward have succeeded in refocusing our strategy from being an unknown OEM manufacturer to establishing the proprietary and highly successful Gainward brand. This product strategy was primarily based on design-intensive hard-ware differentiation including Gainward’s High-Performance/Wide-BandwidthTM hardware design to deliver the utmost possible performance from volume production. Independent reviewers including c’t magazine (Germany), Chip magazine (Germany), PC Pro (UK), PCW (UK), PC Gamer (Germany), www.anandtech.com and www.TOMSHARDWARE.com have confirmed that Gainward’s product perform-ance and stability is superior to the competition from other graphics card manufactur-ers. An unprecedented amount of industry awards confirm Gainward’s leading edge product quality and performance.
Business remains strong - Earnings before tax up by over 400%</p>Taipei - Hong Kong - Fremont/Ca., - London - Munich – August 21st, 2002.
Gainward Europe GmbH, the European sales and marketing organization of Gainward Ltd., Taiwan, the leading manufacturer of advanced, high performance 3D graphics processor cards and home entertainment accelerators, today reports that revenue grew in Europe in the first 7 months of FY2002 (calendar year) by over 65% from $12.600.000 to $20.900.000. Earnings before tax were up by 412% to $ 650.000. In FY2002 Gainward Europe GmbH expects to grow revenue by at least 70% to over €50.000.000. Even in the slow month of July Gainward’s European revenue grew by 102% to exceed $3.700.000.
“Growing the Gainward business in Europe from scratch to over €50.000.000 in only 2 years is one of the most exciting success stories in graphics industry”, commented Hans-Wolfram Tismer, Gainward’s Managing Director Europe. “We strongly believe that Gainward’s advanced implementation of NVIDIA’s leading technologies repre-sents the best offer for our customers in all major market segments today. We would like to thank all our customers for their overwhelming endorsement and appreciation of Gainward’s award-winning, higher performance, hand-selected Golden Sample products.”
During FY2001 Gainward have succeeded in refocusing our strategy from being an unknown OEM manufacturer to establishing the proprietary and highly successful Gainward brand. This product strategy was primarily based on design-intensive hard-ware differentiation including Gainward’s High-Performance/Wide-BandwidthTM hardware design to deliver the utmost possible performance from volume production. Independent reviewers including c’t magazine (Germany), Chip magazine (Germany), PC Pro (UK), PCW (UK), PC Gamer (Germany), www.anandtech.com and www.TOMSHARDWARE.com have confirmed that Gainward’s product perform-ance and stability is superior to the competition from other graphics card manufactur-ers. An unprecedented amount of industry awards confirm Gainward’s leading edge product quality and performance.