All of the cd-rw drive manufactures have recently announced increase
read speeds from 6x to 24x. This improvement has led to announcments
like the one below. However it is meaningless to us because the
manufactures of the disks do not have a license yet. Our licensee's
for cd-rw Sony,TDK and 3M are not making the disks they are selling and are telling the company to get the royalties from the manufactures. The company has assured my over and over that they have a strategy in place, but i'm growing impatient. I welcome anyone to put some shareholder pressure on them. I believe that this is the most important issue facing this company. Believe me when I say that there are millions of these disks being sold for which we are recieving nothing.
Gateway Offers Clients Next Level of Compact Disc Technology
NORTH SIOUX CITY, S.D.--(BUSINESS WIRE)--Aug. 28, 1998--
CD Rewritable drives provide convenient storage capabilities and
compatibility
Gateway (NYSE: GTW), a global leader in the direct marketing of PCs, today announced the availability of CD Rewritable drives on its G, GP, and E-Series desktop systems. The next generation of CD technology, CD Rewritable drives offer state-of-the-art data storage for home and business environments.
"Nearly all PCs manufactured today have DVD-ROM or CD-ROM drives, making CDs ideal for personal data storage, system backups, exchanging or moving large files, archiving information, and even producing your own music CDs," said Jim Collas, Gateway's senior vice president of product development and management. "With approximately six times the storage capability of other removable storage devices, CD-RW drives offer a cost-effective, easy way for our clients to save, exchange and transfer their data."
Gateway's CD Rewritable drives are manufactured by Philips, a leader in compact disc technology, and come with one CD-RW (rewritable) and two CD-R (write once) discs. Each disc has a capacity of 650MB and offers enhanced reliability over other removable storage devices. Also included is Adaptec's DirectCD and EZ CD Creator software, allowing clients to create CDs as easily as copying files to a floppy disk. The drive is available as an upgrade on G, GP, and E-Series desktop computer systems for $225.
"CD-RW has become a highly desirable option for more and more PC buyers as CDs start to replace floppies and become the medium of choice for sharing data and programs," added Aaron Goldberg, executive vice president for ZD Market Intelligence. "In addition, this one device acts as more than storage media, as many CD-RW customers also use it for backup. Given these trends, CD-RW is becoming a very highly valued peripheral."
For more information regarding CD Rewritable drives on Gateway(TM) systems, visit www.gateway.com or call 1-800-GATEWAY(SM).
About Gateway
Gateway (NYSE: GTW), a Fortune 500 company founded in 1985, is a leading global direct marketer of PC products. The company has manufacturing facilities in the United States, Ireland and Malaysia and employs more than 13,000 people worldwide. Gateway products and services consistently win top awards from leading industry publications. Revenue for the year 1997 was $6.3 billion. For further information, visit Gateway at gateway.com.
Many Gateway products are engineered to Gateway specifications, which may vary from the retail versions of the software and/or hardware in functionality, performance or compatibility.
All prices and configurations are subject to change without notice or obligation. Prices do not include shipping and handling and any applicable taxes.
CONTACT:
Gateway, North Sioux City
MEDIA CONTACTS:
David Pendery, Marketing Communications, (605) 232-1433
david.pendery@gateway.com
or
Greg Lund, Corporate Communications, (605) 232-1757
greg.lund@gateway.com
KEYWORD: SOUTH DAKOTA
BW1142 AUG 28,1998
10:03 PACIFIC
13:03 EASTERN |
