LithTech(tm) Receives
$5 Million Investment
Company Reaffirms Commitment To 3D Game OS Market
Kirkland, WA (April 6, 2000) LithTech, Inc. today announced they have received
a $5 million Series A investment from Dr. Gregory Whitten. The investment is
part of a continuing series of financial commitments LithTech has secured from
various sources. Dr. Whitten, a 19 year veteran of Microsoft, is currently Chief
Software Architect for the newly formed LithTech, Inc.
"Dr. Whitten's investment reaffirms the company's commitment to providing developers with a cutting-edge, expandable 3D Game Operating System," commented Jason Hall, CEO for LithTech, Inc. "Continued vestment into LithTech, Inc. translates into enhanced technology and support for our licensees."
Dr. Whitten is currently also Co-Chairman of NumeriX Corporation. He retired from Microsoft in 1998. His research interests revolve around large-scale, concurrent object oriented systems and software architectures. During his impressive 19 year career with Microsoft, Dr. Whitten designed and implemented many pieces of the BASIC, Quick BASIC and Visual BASIC interpreters and compilers and the common cross-language compiler and runtime technologies. In addition, Dr. Whitten started the Windows project, architected the GDI graphics and device model as well as the memory and programming models for Windows and OS/2. He was also responsible for initiating Microsoft's company-wide object oriented software strategy including leading the design groups for OLE 1.0, 2.0, COM and OLE controls which became DCOM and ActiveX. Additionally, he worked on software strategies for the Office, Back Office and Windows product lines. Dr. Whitten has a Ph.D. from Harvard University where he did original research in numerical analysis, analysis of algorithms and econometrics.
"We are confident that LithTech provides the most comprehensive game development solution currently available," stated Dr. Whitten. "The investment will further solidify our position as the dominant player in this expanding market, and we are determined to allocate whatever resources necessary to meet this goal."
About LithTech, Inc.
Based in Kirkland, WA, LithTech, Inc., a subsidiary of Monolith Productions,
Inc., is dedicated to creating the standard in real time 3D development and
networked multimedia operating systems. The company's versatile and powerful
LithTech 3D Engine is a licensable technology for multiple platforms that functions
as a complete 3D game operating system which allows developers to easily design,
develop and focus on content without reinventing new technology for each project.
Upcoming LithTech titles include Sanity and No One Lives Forever from Monolith
Productions. For the latest news and information on LithTech, Inc. and its products,
visit: www.lithtech.com.
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