News: CPTechnology diventa TUL

[Staff]

<br>La nota azienda di hardware comunica di aver deciso un cambio nel nome. Il nuovo nasce dall'espressione "Technology UnLimited", mission che ha sempre contraddistinto la casa. Il marchio PowerColor, comunque, rimarrà in uso visto il buon nome che si è costruito sino ad oggi.<p>

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Taipei, Taiwan – March 18th, 2004 – C.P.Technology Co., Ltd , a leading designer and manufacturer of VGA cards, mainboards, and systems, announced today that they have renamed their company to Tul™ Corporation.. The Tul™ brand name will also be used for all products and services provided by the company in dealing with the IT industry including SI, VAR, OEM, and ODM business. <br>
”Tul™ is the new corporate brand name for the company. We wanted to think of a new name that was short, phonetically powerful, and easy to pronounce”, said Ted Chen, CEO of CP Technology. “The name Tul™ was originally derived from the phrase ‘Technology UnLimited’. The ‘technology unlimited’ concept is consistent with our business model of providing an extensive range of technology products and related solutions to customers around the globe. Tul™ Corporation will continue to release exciting new value and performance products including our very successful PowerColor™ graphics cards and mainboards based on the latest chipset technology. Tul™ Corporation will be the company to watch in 2004. ”, he continued.<br><br>

Tul™ Corporation currently have five product lines including Graphics Cards, Mainboards, Thin Clients, Tablet PCs, and Barebone PCs – all of which are now on display at the company’s booth at the CeBIT exhibition (Hall 19, Booth D11) in Hannover, Germany. The company was founded in October 1997 and achieved impressive revenues of US $100 Million and US $500 Million for the years 2001 and 2003 respectively. The Compound Annual Growth Rate (CAGR) from 1998 to 2003 was 33%. Revenue for 2004 is forecasted to be US $700 Million.
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Although the company is changing its name to Tul™ Corporation, it will continue to use the successful product brand name of “PowerColor™” for its graphics cards and mainboards. The PowerColor™ brand name has gained significant recognition over the last few months, which has also seen the company’s sales records being broken again and again. Tul™ Corporation will aggressively target to ship up to 500,000 PowerColor graphics cards per month during 2004.



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