SAN JOSE, Calif., April 27 /PRNewswire/ -- SDL, Inc. (NASDAQ:SDLI) and
Quinta Corporation, a wholly-owned subsidiary of Seagate Technology, Inc.
(NYSE:SEG), have been awarded a $3 million three-year contract from the
Department of Commerce's Advanced Technology Program to develop advanced
optical storage technology. The technology utilizes a unique optical storage
system developed by Quinta, coupled with novel laser diodes developed by SDL.
Quinta will develop the technology base for advanced flying optical heads for
use with advanced blue and red laser light sources to be developed by SDL.
The bulk of the Department of Commerce's funding will be devoted to SDL's
advanced laser development.
SDL's Chairman and Chief Executive Officer, Donald R. Scifres, stated,
"The system to be developed uses Quinta's optically assisted Winchester (OAW)
technology which is designed to provide areal densities as high as
10-40 Gbits/square inch, breaking the theoretical barrier to traditional
magnetic recording known as the superparamagnetic limit. We are excited to be
teamed with Quinta and Seagate to address this data storage market. We
believe Quinta's revolutionary OAW technology coupled with SDL's advanced
laser capability can greatly expand the future markets for ultra-high capacity
data storage."
"Quinta is pleased to be teaming with SDL, and their expertise in advanced
laser technology will be important to the future development of OAW
technology," said Steve Kitrosser, president and CEO of Quinta Corp. "By
utilizing advanced laser technology, OAW technology will continue to evolve
and provide higher areal densities." |
