I know I've posted a previous article on this company in the past. Now here they are again. I was watching their price and I think it was about 28 last week (now at 42). Someone is buying.
November 30, 1999 15:15
C3D Conducts U.S. Demonstration of Three-Dimensional Optical Storage Technology; New Card & Disk Technology Reduces Cost and Size While Increasing Storage Capacity Up to 2,500 Times That of Current Systems
SAN JOSE, Calif., Nov. 30 /PRNewswire/ -- C3D Inc. (OTC Bulletin Board: CDDD) ("C3D" or the "Company") announced today that it has conducted a successful public demonstration of its revolutionary Fluorescent Multi-layer Card (FMC) and Fluorescent Multi-layer Disk (FMD) optical data storage technologies at The Fairmont Hotel in San Jose, California.. C3D published a White Paper outlining the scientific principles governing this exciting technology during Comdex week.
The November 30, 1999 event showcased C3D's fully functional prototypes implementing its FMC ClearCard(TM), ClearCard(TM)-R and FMD disk technologies. Magnetic and optical data storage, in addition to tapes and jukeboxes, are currently the most popular methods of data storage; however, the demands of today's information systems are pushing the current two-dimensional storage devices toward their natural limits.
"Storage needs are projected to increase more than ten-fold in the next five years. Multi-layering fluorescent data storage technology has the potential to be a key technology that enables storage devices with dramatically higher capacities," says Wolfgang Schlichting, Storage Analyst for International Data Corporation.
Multi-layering will enable the storage of hundreds (and later thousands) of gigabytes of data on standard 120mm (i.e., CD/DVD-sized) disks. Even greater potential for density memory increase is entailed in ClearCard, C3D's credit card sized carrier, which will have initial data storage capacities hundreds of times greater than similar-sized devices currently available. Data retrieval speeds in both the FMC card and FMD disk will reach unprecedented speeds due to the ability to read simultaneously from the many layers within the media.
Factors such as the proliferation of Information Appliances and the advent of high bandwidth data applications such as streaming audio and video have created an environment in which memory demands are becoming far greater than current data storage technologies can deliver.
"As we become a more mobile society, we demand the best of our electronic devices: smaller, faster, cheaper and more powerful. C3D's technology will solve the problem of data storage as technology's limiting factor," said Dr. Eugene Levich, President and Chief Executive Officer of C3D. "This dramatic expansion in memory capability and concurrent reduction in carrier size will permit all kinds of new devices, from palm-sized PCs to 'E-books'."
It will also substantially increase the capabilities of existing devices such as digital cameras/videos and cellular phones, enabling them to become super-compact multimedia information devices. C3D's ClearCard, for example, will hold up to 10 gigabytes (10,000 megabytes) of data on a credit card sized carrier, compared with the approximately 4 megabyte capacity of current "Smart Cards."
"Expanding memory capacity this substantially will have countless real- world ramifications. Gigabytes will replace megabytes as data storage's common currency, which will allow twenty hours of HDTV-quality video, for example, to be stored on one small card or disk," said Dr. Ingolf Sander, C3D's general products manager. "The concept of E-books and countless other mobile products can finally become reality, as one small card can carry gigabytes of information."
C3D intends to commence negotiations immediately with several strategic joint venture partners and expects to begin production of the first commercial devices within twelve months, including:
-- a 20-layer FMC ClearCard in the form factor of a credit card having up
to 10GB capacity;
-- a 10-layer FMC ClearCard-R in the form factor of a credit card having
up to 1GB capacity;
-- a 10-layer FMD disk in the standard 120mm (CD & DVD) disk format
having up to 140GB capacity;
The planned second and third generation cards and disks will have capacities up to and exceeding one terabyte (1,000 gigabytes). Rewritable versions of the disks and cards are also planned.
C3D has offices in Florida, New York and California and laboratories in Israel, Russia, and the Ukraine. Its web site is at c-3d.net. The Company is focused on the development and commercialization of several digital storage memory products based upon its proprietary technology. Research is conducted by an internationally renowned team of scientists that currently holds over 40 international patents and patent applications in the field of optical data storage.
Statements contained in the news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from expected results.
THE SEC AND NASD HAVE NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE C3D Inc.
/CONTACT: media, Sarah Hall, Media Relations of Springbok Technologies,
Inc., 972-480-9458, ext. 158, or email, shall@springbok.com, for C3D Inc.; or
Patrick Maloney, Business Development of C3D Inc., 650-316-3690, or mobile,
415-264-4356, or email, pmaloney@c-3d.net/
/Web site: c-3d.net
(CDDD)
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