February 14, 2006
To further its mission to minimize invasive surgery Robarts Research Institute, Canada’s only independent center for medical research, recently installed high-performance visualization technology from Silicon Graphics (OTC: SGID) as well as SGI(R) InfiniteStorage and Visual Area Networking systems. For minimally invasive surgery simulation and modeling Robarts focuses on brain, prostate, breast and heart surgery. Minimally invasive procedures decrease trauma to the patient and thereby reduce recovery time, serious complications or death, the length of hospital stays and the total cost of surgery. In addition to the installed Silicon Graphics Prism(TM) visualization system, Robarts has just purchased an SGI(R) Altix(R) high-performance computing system to complement its research in image-guided surgery and therapy, including the treatment and surgery for cancer.
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February 14, 2006
Dennis McKenna, the new CEO of Silicon Graphics (OTC: SGID – News), today confirmed the company’s commitment to its existing aggressive product roadmap for the coming year. McKenna, who took over as president, CEO and chairman of the board on Jan. 31, announced that SGI will deliver new innovations and enhancements to customers throughout its server, storage and visualization product lines, along with expanded global professional services.
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February 14, 2006
“Superclusters” of supercomputers are getting too hot. SGI’s Eng Lim Goh wants to solve that problem.
Thanks to advances in the speed of supercomputer simulations, complex phenomena such as weather systems, protein folding, and nuclear explosions are becoming easier to model and understand. But only a small part of this speedup is due to faster processors.
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February 13, 2006
In a joint effort to grow revenues from the sale of 64-bit Linux(R) solutions to government agencies at all levels, Silicon Graphics (OTC: SGID) and GTSI Corp.
(Nasdaq: GTSI) today announced an agreement establishing GTSI as a front line
government channels supplier providing SGI(R) solutions to federal, state and
local government customers.
The alliance ensures SGI and its strategic resellers easy access to GTSI’s numerous resources, including its existing government contracts and buying vehicles, its extensive government sales administrative expertise, and its broad knowledge of government customer requirements.
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February 12, 2006
Mountain View-based Silicon Graphics is continuing efforts begun last year to restructure its business and avoid bankruptcy.
While the company repeated in a filing made earlier this week with the Securities and Exchange Commission that it “could be forced to seek protection under bankruptcy laws,” Silicon Graphics added that it is “continuing to evaluate a range of strategic alternatives” which could mean finding a buyer or additional financing.
In June, Silicon Graphics — also known as SGI — hired turnaround specialist AlixPartners. As losses continued, five months ago Silicon Graphics began cutting staff and last month brought on a new chief executive officer, Dennis McKenna, to oversee “strategic and operations changes” in the business. McKenna was named chairman of the board, chief executive officer and president on Jan. 27.
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