Dec 14, 1999
Immersion Corporation Licenses Technology to Quantum3D
SAN JOSE, Calif. Dec. 14, 1999--Immersion Corporation, (NASDAQ: IMMR) the technology innovator and market leader of tactile feedback technology, announced today a licensing agreement with Quantum3D(TM), the industry leader in PC-based interactive 3D visual computing systems. Immersion's technology has been integrated into Quantum3D's Quicksilver(TM) II and Graphite(TM) systems for the Out of Home Entertainment (OHE) and PC-based coin-op market. This integration enables realistic physical sensations to be felt by the user who historically has been limited to video and audio displays.
About Immersion Corporation (www.immersion.com)
Founded in 1993, Immersion Corporation, a technology licensing company, is the world leader in tactile feedback technology. The company licenses to hardware and software manufacturers in the Web, personal computing, entertainment, medical, education, and other applications.
About Quantum3D (www.quantum3d.com)
Quantum3D, San Jose, California, develops and markets integrated interactive 3D visual computing systems, realtime 3D graphics subsystems, and related system software, that combine to deliver sustained realtime frame rates, superior graphics quality, and value. Quantum3D delivers complete 3D visual computing solutions for the visual simulation and training market and the out-of-home entertainment markets, and is the exclusive supplier of 3dfx graphics technology into those markets. In addition, Quantum3D creates and distributes realtime 3D development software tools and products, enabling developers to fully optimize their applications to benefit from the company's visual computing systems.
All statements contained herein, as well as oral statements that may be made by Immersion or by officers, directors or employees of Immersion acting on Immersion's behalf, that are not statements of historical fact, constitute "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Immersion to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in Immersion's Prospectus dated November 12, 1999 included in its Registration Statement on Form S-1 filed with the Securities and Exchange Commission. These factors may not constitute all factors that could cause actual results to differ materially from those discussed in any forward-looking statement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.