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Will The RIO 800 use Sandisk Technology?
S3 Partners with SanDisk on Storage Solutions For Next-Generation Diamond Multimedia Rio Players
SANTA CLARA, Calif. --- March 2, 2000 --- S3© Incorporated (NASDAQ: SIII) today announced a partnership with SanDisk Corporation (NASDAQ: SNDK) to provide advanced storage solutions for S3?s next-generation RioTM digital audio players. Based on SanDisk?s market leading flash memory technology, this partnership enables S3 to design expanded storage capacity and advanced storage management features into its forthcoming, third generation Diamond MultimediaTM Rio players.
?This partnership brings together the two market leaders in two of the fastest growing high technology markets. S3, with its Rio players, is the market share leader in Internet music players, and SanDisk is the world?s largest supplier of flash memory cards for storing data, images, audio and video,? said Eli Harari, Chief Executive Officer and President of SanDisk Corporation. ?We are pleased that S3 has selected SanDisk as a partner for flash memory solutions and we look forward to growing our business in parallel with S3?s rapidly expanding digital audio focus.?
?Cahners In-Stat Group predicts that the market for digital audio devices will grow from about 800,000 units in 1999 to nearly 10 million units by 2003. In line with this estimate, we are planning to significantly expand our Rio family of products, starting with the addition of our third generation Diamond Multimedia Rio handhelds,? said Ken Potashner, Chief Executive Officer and Chairman of S3 Incorporated. ?Working closely with SanDisk, we?re focused on building solutions that will meet the extensive flash memory requirements of these forthcoming Rio digital audio products.?
About SanDisk Corporation
SanDisk Corporation, the world?s largest supplier of flash data storage products, designs, manufactures and markets industry-standard, solid-state data, digital imaging and audio storage products using its patented, high density flash memory and controller technology. SanDisk is based in Sunnyvale, CA.
About S3 Incorporated
Building on the technology, distribution and brand strengths of its Communications, Multimedia and Professional Graphics divisions, S3 is committed to delivering targeted products for the Personal Computer and Consumer/Internet Appliance markets. Rounding out its PC silicon offerings, S3?s recent acquisition of Diamond MultimediaTM adds consumer brands such as the ViperTM and StealthTM series of graphics accelerators, the RioTM series of Internet audio appliances, the SupraTM series of modems, and the HomeFreeTM line of home networking products.
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Except for historical information contained herein, the matters set forth in this press release, such as statements as to S3?s ability to expand its Rio family of products in 2000 and its ability to design expanded storage capacity and advanced storage management features into its next generation Rio players, are forward-looking statements that are subject to risk and uncertainties, including the impact of competitive products and pricing and of alternative technological advances, the ability of S3 and SanDisk to develop storage solutions for digital audio devices, design, competitive product and other factors that may affect current and potential customers? decisions to use the jointly developed products, and other risks detailed from time to time in S3?s SEC reports, including its quarterly report on Form 10-Q for the quarter ended September 30, 1999. S3 is a registered trademark of S3 Incorporated. The S3 corporate logo, Diamond Multimedia, Rio, Viper, Stealth, Supra and HomeFree are trademarks of S3 Incorporated. Other marks referenced herein are the property of their respective owners.
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