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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.49+2.1%Feb 9 3:59 PM EST
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To: Ron Milton who wrote (275)8/26/1996 7:53:00 AM
From: Michael Brian   of 3256
 
"Keepered Technology" is a sytem AXC developed that allows current hard drives to store more data (up to 30 to 40% more) and retrieve it reliably. Though initially no information was available on it, recently it appears that it invloves an application of a film like substance on the surface of the platters themselves. What the substance does is lock in the magnatization of the platters to prevent the randon organization of the magnetic particles, and therefore the loss of data. By "locking in" the magnatization and only "unlocking" it when needed for reading or writing, the drives are capable of storing larger amounts of data. AXC has been testing the technology with 3 drive manufaturers on a non-disclosure basis since early '96 and recently announced that a 4th drive manufacturer had also begun testing. IBM is also supplying platters for the testing and development. Failure rates for keepered platters is also about 1/3 of failure for non-keepered platters. Also initialy testing has indicated better performance that had been earlier anticipated. This is all information that has been gathered fron many different sources over the last several months.

CEO had earlier stated that IF keepered was licesned it would probably be towards the end of '96. So far everything is still pointing that this time frame is correct. Hope this information is what you were looking for.
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