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Technology Stocks : Smart Modular - diamond in the rough?

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To: Jeff Jordan who wrote (1273)5/11/1998 9:33:00 AM
From: JakeStraw  Read Replies (1) of 2020
 
SMART Modular Technologies Announces Registered PC100 SDRAM
DIMM Modules For High Density Applications

Registered SDRAM DIMMs conform to Intel's new "PC100" specifications Targeted for
workstations, routers and servers

FREMONT, Calif.--(BUSINESS WIRE)--May 11, 1998-- SMART Modular Technologies, Inc. (NASDAQ: SMOD -
news) announced today that it is currently sampling PC100 Registered SDRAM Dual In-Line Memory Modules (DIMMs)
designed for use in large computer systems such as workstations and servers that demand multiple memory modules to deliver
near Gigabyte/second bandwidth in main memory. The PC100 DIMMs conform to Intel's registered PC SDRAM DIMM
specifications.

SMART's registered PC100 DIMMs are designed with densities of 16MB to 256MB and can be based on either 16MB or
64MB PC100 SDRAM chips. The DIMMs are configured 2Mx64 through 32Mx64 or 2Mx72 through 32Mx72 in ECC
configurations, with a 3.3V operating voltage. SMART's single-load per module design provides a consistent load to the core
logic, which is critically important to achieving near GB/second bandwidth levels. The register also acts as a buffer to latch and
maintain the addresses and control signals for increased flexibility in setup times.

Bill Johnston, SMART's Vice President of Marketing, expects demand for registered DIMMs to grow alongside the growth in
the server and workstation markets. ''We are seeing an increased role of memory modules and microprocessors in the
workstation and server marketplace,'' stated Johnston. Additionally, George Iwanyc, Industry Analyst for Gartner Group's
Dataquest, expects that worldwide DRAM needs from servers, workstations and other high-end computer applications will
account for over $2 billion dollars in DRAM revenue in 1998. Iwanyc predicts that demand for 32MB, 64MB and 128MB
modules will increase from approximately 35% in 1997 to over 80% of the DRAM module market by the year 2001. ''Not
only is demand strong for high density modules in the workstation and server segments, but demand in the PC segment is
growing as well,'' said Iwanyc.

As part of the company's PC100 qualification test procedures, SMART will employ its HP83000, 330MHz-test equipment in
its worldwide factories in Fremont, CA; East Kilbride, Scotland; and Aguada, Puerto Rico. SMART will conduct both
parametric and functional tests to ensure 100MHz bus speed support and compatibility between the DIMMs and Intel's
Pentium II processor for optimum system performance.

The PC100 Registered DIMM family is priced at $8.50 per megabyte in OEM quantities.

SMART Modular Technologies, Inc. is a leading independent manufacturer of specialty and standard memory modules, Flash
memory cards, high performance embedded computer modules, as well as communications card solutions. SMART offers
more than 500 products to leading OEMs in the computer, networking and telecommunications industries. SMART has
manufacturing facilities in California, Puerto Rico and Scotland, a design center in India and sales organizations worldwide.
More information on SMART can be obtained on the Internet at smartm.com.

Contact:

SMART Modular Technologies, Inc.
Bill Johnston, 510/624-8104
bjohnston@smartm.com
or
Sterling Communications, Inc.
Jay Nichols, 408/441-4100
jnichols@sterlingpr.com
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