That's APIC not asic. Advanced Programmable Interrupt Controller. The board's BIOS is supposed to fire up the board with the APICs (those on the board and those in the CPU(s)) initialized properly, but with the system running legacy PIC mode.
The outcome is that legacy software, including OS bootloaders, add-on card ROMs, and old OSes like DOS will work like there's no APIC - and once an APIC-aware OS has been loaded, the latter can kick the system into APIC mode and continue from there.
So yes, an APIC-enabled board can run non-APIC-aware operating systems. This inherently means no multiprocessing, but it works.
regards, Peter