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Alias Moves to Acquire Itself from SGI

Alias has announced it is involved in exclusive discussions with a leading private equity investment firm for the acquisition of Alias from SGI. The company reassures customers that no changes to the management team, organization, services, support or product availability will occur as a result of the negotiations or the sale of the business.

"As an independent entity, Alias would be able to further expand its business, extend customer value and create significant growth with its products and services," said Doug Walker, president of Alias. "The investor believes that there is a great potential and synergy to having design and entertainment focused products, services and customers. The new investor has been briefed in detail on our roadmap and is attracted to Alias precisely because of our product and services portfolio. This is an exciting time for Alias in its 20-year history. Our ongoing goal is to exceed the demands of our global design and entertainment customers who continue to push us to build the most innovative technology and service solutions - enabling them to unleash their creativity and bring their ideas to life."

Alias is the leading provider of 3D graphics technology and services for the film, video, games, Web, interactive media, automotive, industrial design, education and visualization markets. In 2003, the company was awarded an Oscar for Technical Achievement from the Academy of Motion Picture Arts and Sciences for its development of Maya software, the professional 3D animation and effects package. Alias is a wholly owned, independent software company of SGI with headquarters in Toronto and Custom Development Center in Santa Barbara. For more information, visit http://www.alias.com.

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