SGI (NYSE: SGI – News) today announced preliminary financial results for the third fiscal quarter ended March 25, 2005. The Company is projecting quarterly revenue of approximately $160 million and an estimated operating loss of approximately $45 million. The projected operating loss includes restructuring charges of approximately $15 million incurred primarily in connection with the restructuring actions that were initiated in February 2005. Without these charges, the non-GAAP operating loss is expected to be approximately $30 million. In its January 25, 2005 conference call, the Company had previously forecast revenue for the third quarter in the range of $180 million to $200 million.
More

Maximum Throughput Inc. (www.max-t.com), a provider of high performance networked storage and media management solutions, announced today the immediate availability of its Xstoner software for Linux -based systems from discreet . Xstoner is a client- server software application and networking utility that connects PCs and Macs with IRIX based, and now Linux based, discreet advanced systems offerings.
More

Malaysia seriously needs to boost the contribution made by local multimedia content development industries to its gross domestic product (GDP), said the Multimedia Development Corporation on Tuesday……………
The CADC has a Virtual Reality Centre with a 12ft high curved, cylindrical screen and three DLP (digital light processor) projectors for viewing virtual reality presentations in 3D; Creative Multimedia Lab with a server farm, storage area network, computer hardware and audio-visual equipment; and a High Performance Computing facility featuring an SGI Onyx 3800 computer for handling complex 3D computer animations.
More

Silicon Graphics (NYSE: SGI) today announced its award-winning SGI(R) Altix(R) 3000 system has beaten comparable servers from IBM, Cray and Sun on performance tests that comprise the new HPC Challenge Benchmark. The results reveal that SGI Altix delivers as much as eight times the performance of IBM servers and four times the performance of Cray supercomputers in key categories.
More

Silicon Graphics (NYSE: SGI) today announced that The Jacob Blaustein Institute for Desert Research at the Ben Gurion University (BGU) of the Negev has acquired a high performance SGI(R) Altix(R) 3000 system. The Negev region encompasses about half the land mass of Israel and is home to remarkable landscapes including waterfalls, caves, canyons, archeological sites, cities, and craters The new SGI system will enable researchers at the Institute to identify new mechanisms of change in the biological diversity (vegetation species) of arid areas and
examine possible scenarios for the loss of animal and vegetation species as a result of environmental changes and their implications on the stability and function of global ecosystems.
More