"Visual computing is top-of-mind for many HP customers," said Jim Zafarana, vice president, marketing, Workstations Global Business Unit, HP. "Our customers are breaking new ground in video game development, online content creation, animation and production for television and movies and more. HP is delighted to join NVIDIA to bring the NVISION audience the best in visual computing."

"NVIDIA products continue to improve the overall visual experience of Windows Vista and enable applications to take advantage of the visual capabilities Windows Vista brings to computing professionals and enthusiasts alike," said Mike Ybarra, senior director of product management at Microsoft Corporation. "We are excited to be involved in this event and look forward to continuing to work with NVIDIA to deliver enhanced visual/graphic experiences on Windows."

Other NVISION 08 sponsors include Adobe, Antec, ASUS, Autodesk, Cooley Godward Kronish LLP, CyberPower, Dassault Systemes, Digital Storm, ECS, GIGABYTE, iGames, Jetway, Maingear, Mitsubishi Digital Electronics America, Morgan Stanley, MSI, Namics Technologies, Newegg.com, OCZ Technology Group, Palit Multimedia, Patriot Memory, Phoenix Precision Technology, Qimonda, RR Donnelley, Softimage, STATS ChipPac, Superworld Electronics, TAGAN, Taiwan Semiconductor Manufacturing Company Ltd., Thermaltake, TigerDirect.com/CompUSA, ViewSonic, ZOTAC.

Key Sponsor Highlights:

-- Christie Digital Systems USA, a wholly-owned subsidiary of Ushio, Inc., Japan, (JP:6925), is a leader in visual solutions for world-class organizations, offering diverse applications for business, entertainment, and industry. A leading innovator in film projection since 1929 and a pioneer in digital projection systems since 1979, Christie has established a global reputation as a total service provider and the world's single source manufacturer of a variety of display technologies and solutions. With the acquisition of Vista Controls Systems Corporation, Christie offers the most complete and advanced solutions for cinema, live venues, control rooms, business presentations, training facilities, 3D and Virtual Reality, simulation and education as well as industrial and government environments. For more information, visit www.christiedigital.com.

-- EVGA is the #1 NVIDIA authorized partner in channel sales throughout North America. Based on the philosophy of intelligent innovation, market knowledge, and the real time operation, EVGA continues to identify the needs in the marketplace and provide solutions to those needs. By offering product differentiation, 24/7 tech support, a 90 day Step-Up program, and other customer focused programs, EVGA is a clear leader in all categories: etail, retail, distribution, and system builders. With headquarters in Brea, CA, EVGA's global coverage includes EVGA GmbH in Munich, EVGA LATAM in Miami, and EVGA Hong Kong.

-- HP focuses on simplifying technology experiences for all of its customers - from individual consumers to the largest businesses. With a portfolio that spans printing, personal computing, software, services and IT infrastructure, HP is among the world's largest IT companies, with revenue totaling $110.4 billion for the four fiscal quarters ended April 30, 2008. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

-- Microsoft - Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

-- PNY Technologies - Established in 1985, PNY Technologies(R) Inc. is a leading manufacturer and supplier of memory upgrade modules, high capacity flash memory cards, USB flash drives as well as GeForce consumer graphics cards, Quadro professional workstation graphics cards and nForce motherboards. The company's photography, mobility, 3D gaming and business solutions are widely available from major retail, e-tail and wholesale outlets internationally. Headquartered in Parsippany, N.J., PNY maintains facilities in North America (Santa Clara and Orange County, Calif., Miami, Fla. and Parsippany, N.J.), Europe (Benelux, France, Germany, Italy, Norway, Spain, United Kingdom,) Asia (Taiwan and China) and Latin America.

About NVISION 08

Taking place on August 25-27, 2008 in San Jose, California, NVISION 08 is a three-day mega-event for professionals and enthusiasts who are passionate about visual computing. Thousands of engineers, designers, developers, researchers, artists, enthusiasts, gamers, film makers, business professionals, and consumers from around the world are expected to attend. Registration for the NVISION 08 conference is now open at: http://www.amireg.com/nvision08/intro.html.

About NVIDIA

NVIDIA (Nasdaq: NVDA) is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, California, and has offices throughout Asia, Europe, and the Americas. NVIDIA's inaugural NVISION 08 conference will be held August 25-27, 2008 in San Jose, California. For more information, visit www.nvidia.com and www.nvision2008.com.

Certain statements in this press release including, but not limited to, statements as to: the impact, performance and benefits of using NVIDIA products; the impact and future of visual computing; the sponsors, key contributors, events, anticipated attendees and number of attendees of NVISION 08; are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: rescheduling or cancellation of the NVISION 08 events; design, manufacturing or software defects; loss of performance when systems are integrated; development of faster or more efficient GPU or CPU technology; changes in customer demands and preferences; the impact of competition and our competitors' products and technologies as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the fiscal period ended April 27, 2008. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Copyright (C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, NVISION, GeForce, Quadro, and Tesla are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and/or other countries. All other company and/or product names may be trade names, trademarks, and/or registered trademarks of the respective owners with which they are associated.

SOURCE NVIDIA

http://www.nvidia.com

For years, NVIDIA's successful GeForce FX Go series of graphics processing units (GPUs) have delivered breakthrough 3D imagery primarily for the PC Gamer. Its GeForce 3D stereoscopic technology is a driver for Windows Vista(R), which renders two views for stereoscopic display systems to show depth with Microsoft(R) DirectX(R) games. The 3D stereoscopic driver is compatible with all GeForce 7 series and higher GPUs, which in turn are compatible with Mitsubishi's 3D-ready Home Theater TVs.

"NVIDIA is extremely excited about its new relationship with Mitsubishi and Aspen Media Products, and is fully committed to bringing 3D technology to the home entertainment market," said Ujesh Desai, general manager, NVIDIA Corporation. "This is an unparalleled industry first, and we are proud to play a key role in providing a complete 3D home entertainment solution to the consumer."

Aspen Media Products focus is on the integration of best-of-breed products and services that enhance the user experience, and the delivery of best-in-class technology to marry entertainment with simplicity.

"The Aspen Media Server has delivered on-demand music, movies and other entertainment programming to the home since its introduction. Now with the increased production of 3D content such as movies, live events, concerts and sports, the Aspen Media server provides an ideal platform to deliver the latest in 3D entertainment technology to the consumer," said John Oliver, chief executive officer, Aspen Media Products. "We are excited to work with two great industry leaders, Mitsubishi Digital Electronics America and NVIDIA, to bring this amazing new solution to consumers."

Mitsubishi's entire product line of Home Theater TVs feature 3D-ready technology. The company continues to lead the competition with the largest Home Theater HDTV available at 73". This year's product line includes three new 73" models along with 60" and 65" sizes -- all featuring thinner frames, increased brightness and 3D-ready capability. Mitsubishi's 1080p Home Theater TVs provide unparalleled picture quality that far exceeds competitive displays, and deliver an optimal experience to enjoy the new generation of 3D home entertainment.

About Mitsubishi Digital Electronics America, Inc.

Mitsubishi Digital Electronics America, Inc., an Official Sponsor of The PGA TOUR, manufactures and markets a comprehensive line of premium quality 1080p DLP(R) HDTVs and 1080p LCD Flat Panel HDTVs. Recognized as the world leader and innovator of large display high-definition televisions, Mitsubishi Digital Electronics America builds products that lead the industry in quality, performance and ease-of-use. For more information about Mitsubishi Digital Electronics America, Inc., please visit: http://www.mitsubishi-tv.com

About NVIDIA Corporation

NVIDIA (Nasdaq: NVDA) is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, California and has offices throughout Asia, Europe, and the Americas. For more information about NVIDIA Corporation, please visit: http://www.nvidia.com

About Aspen Media Products, LLC.

Much like the Aspen tree becomes a forest from one seed, Aspen Media Products has grown from one idea into a matrix of best-of-breed technologies. Previously named Cutting Edge PC's, with a focus on building Media Servers, Aspen Media now focuses on the complete Digital Lifestyle. We have spent over 8 years researching the Home Theater, Home Automation and Digital Media markets. Paying close attention to the consumer and technology, we have closed the gap in today's digital market. We have focused on best in class entertainment, home management and control. Our Team is made up of Computer, Home Theater and Home Automation industry experts. In each area we have certified technicians and customer oriented professionals. Our partners range from Microsoft and Seagate to Cortexa, Video Giants and HAI. For more information about Aspen Media Products, LLC, please visit: http://www.aspenmediaproducts.com

SOURCE Mitsubishi Digital Electronics America, Inc.

http://www.mitsubishi-tv.com

"We are proud to have an industry leader like NVIDIA validate the Teseda solution," stated Armagan Akar, President and CEO of Teseda Corporation. "We have worked with both the validation and FA groups at NVIDIA to demonstrate the real value of the V550 system. We look forward to continuing to produce products to meet their evolving needs."

The V550(TM) was announced in Q4 2007 and has been shipping to leading semiconductor companies worldwide. It joins the V520 to form the leading family of portable, low-cost validation and FA analysis systems.

About Teseda Corporation

Teseda's products allow its customers to speed silicon debug, manufacturing ramp, failure analysis, and yield learning. The cross-functional, unifying solutions allow Teseda's customers to achieve Rapid Silicon Validation (Time To Market), Rapid Defect Analysis (Time To Volume) and Yield Assurance (Continued Volume). Teseda is headquartered in Portland, Oregon. For more information about Teseda, its products and distribution network, please call 503-223-3315 or visit www.teseda.com.

About NVIDIA

NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, Calif., and has offices throughout Asia, Europe, and the Americas. For more information, visit www.nvidia.com.

SOURCE: Teseda Corporation

Teseda
Joan Frazer, 503-245-3104
joan@nlmarketing.com

* Separately, NVIDIA plans to take a one-time charge from $150 million to $200 million against cost of revenue for the second quarter to cover anticipated warranty, repair, return, replacement and other costs and expenses, arising from a weak die/packaging material set in certain versions of its previous generation GPU and MCP products used in notebook systems. Certain notebook configurations with GPUs and MCPs manufactured with a certain die/packaging material set are failing in the field at higher than normal rates. To date, abnormal failure rates with systems other than certain notebook systems have not been seen. NVIDIA has initiated discussions with its supply chain regarding this material set issue and the Company will also seek to access insurance coverage for this matter.

Regarding the notebook field failures, NVIDIA president and CEO Jen-Hsun Huang stated:

"Although the failure appears related to the combination of the interaction between the chip material set and system design, we have a responsibility to our customers and will take our part in resolving this problem. The GPU has become an increasingly important part of the computing experience and we are seeing more interest by PC OEMs to adopt GPUs in more platforms. Recognizing that the GPU is one of the most complex processors in the system, it is critical that we now work more closely with notebook system designers and our chip foundries to ensure that the GPU and the system are designed collaboratively for the best performance and robustness."

Today's high performance notebooks are highly complex systems with extreme thermal environments. The combination of limited thermal management and frequent power cycling is particularly challenging for complex processors like the GPU.

Huang added, "This has been a challenging experience for us. However, the lessons we've learned will help us build far more robust products in the future, and become a more valuable system design partner to our customers. As for the present, we have switched production to a more robust die/package material set and are working proactively with our OEM partners to develop system management software that will provide better thermal management to the GPU."

For more information about the one-time charge for notebook field failures, please refer to NVIDIA's current report on Form 8-K dated July 2, 2008 filed with the Securities and Exchange Commission.

No conference call will be held in conjunction with this business update. Additional commentary pertaining to the second quarter and the notebook field failures will be available when NVIDIA reports its second quarter financial results on August 12, 2008.

About NVIDIA

NVIDIA is the world leader in visual computing technologies and the inventor of the GPU, a high-performance processor which generates breathtaking, interactive graphics on workstations, personal computers, game consoles, and mobile devices. NVIDIA serves the entertainment and consumer market with its GeForce(R) products, the professional design and visualization market with its Quadro(R) products, and the high-performance computing market with its Tesla(TM) products. NVIDIA is headquartered in Santa Clara, California and has offices throughout Asia, Europe, and the Americas. For more information, visit http://www.nvidia.com.

Certain statements in this press release including, but not limited to, statements as to: NVIDIA's second quarter results and the factors impacting second quarter results; the one-time charge arising from the die/packaging material set; notebook system failure rates; discussions with our supply chain; use of insurance coverage; the design, manufacturing and performance of future products and systems; and being a system design partner for our customers are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: our reliance on third parties to manufacture, assemble and test our products; design, manufacturing or software defects; the impact of technological development and competition; changes in the global economy and demand for our products before the end of our second quarter as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the period ended April 27, 2008. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Copyright (C) 2008 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, GeForce, Quadro, and Tesla are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated.

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SOURCE NVIDIA Corporation

http://www.nvidia.com