SNDK news
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Monday June 28, 10:31 am Eastern Time
Company Press Release
Sears Will Sell SanDisk Products
SanDisk-Branded Memory Cards For Consumer Electronics Products Will Be Sold By Sears Stores Nationally
SUNNYVALE, Calif.--(BUSINESS WIRE)--June 28, 1999--SanDisk Corporation (Nasdaq:SNDK - news) announced today that Sears, Roebuck and Co. will sell SanDisk-branded flash memory cards that are today widely used in consumer electronics products including digital cameras, MP3 Internet music players, handheld computers, audio recorders and smart phones.
Sears sells electronics through 850 full-line department stores.
Ed Moro, director of North American retail sales for SanDisk, said, ''Sears is one of the premier retailers in the country and its selection of SanDisk as its exclusive memory card supplier is a major sign of confidence for SanDisk products. Sears now carries an expanding array of consumer electronics products and its customers need reliable and economic memory cards to stores images, data and audio.''
''Memory card technology is an integral part of today's consumer electronic products,'' said Chuck Cebuhar, Sears vice president and general manager. ''Sears continually strives to offer its customers the latest in technology and innovation, and offering SanDisk products fit this strategy.''
Sears stores will sell SanDisk CompactFlash(TM)(CF(TM)) cards, MultiMediaCards, SmartMedia cards and the ImageMate card readers which allow consumers to quickly transfer pictures from the cards to their desktop PCs. CompactFlash, the size of a matchbook, is available in capacities ranging between 4 and 96 megabytes (MB). More than 170 products, including digital cameras, handheld PCs, audio recorders, MP3 players and camcorders, have been introduced with slots for CompactFlash cards. The newer MultiMediaCard, the size of a postage stamp, is available in capacities of 4, 8, 16 and 30MB and is being used in MP3 players, camcorders and smart phones. The SanDisk products will be available in Sears stores this summer. SmartMedia cards will be sold in capacities of 8 and 16MB.
SanDisk is the sole supplier of flash memory cards to Sears. SanDisk-branded flash memory cards are sold in more than 10,000 stores worldwide as well as through an extensive worldwide industrial distribution channel.
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.
Sears, Roebuck and Co. is a leading U.S. retailer of apparel, home and automotive products and services, with annual revenue of more than $41 billion. The company serves families throughout the country through 850 full-line department stores and more than 2,100 specialized retail locations nationwide. More information about the company is available on Sears Web site, www.sears.com .
The matters discussed in this news release contain forward looking statements that are subject to certain risks and uncertainties as described under the caption ''Factors That May Affect Future Results'' in the company's annual report on Form 10-K and quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission. The company assumes no obligation to update the information in this release.
Note to Editors: CompactFlash and CF are trademarks of SanDisk Corporation. SanDisk's web site/home page address: sandisk.com
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Contact:
SanDisk Corporation
Brandon Talaich, 408/542-0624
btalaich@sandisk.com
Nelson Chan, 408/542-0456
nchan@sandisk.com
or
Sears, Roebuck and Co.
Melissa Winchester, mwinchester@sears.com
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More Quotes and News: Sandisk Corp (Nasdaq:SNDK - news)
Related News Categories: computer hardware, computers, retail
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