To: Anthony@Pacific who wrote (70 ) 10/15/1999 5:30:00 PM From: afrayem onigwecher Read Replies (3) | Respond to of 924
C3D: C3D debuts three-dimensional optical storage technology 10/06/1999 M2 PRESSWIRE Copyright 1999 M2 Communications, Ltd. All Rights Reserved. * New Card & Disk Technology Reduces Cost and Size While Increasing Storage Capacity Up To 2,500 Times That of Current Systems NEW YORK -- C3D Inc. (OTC Bulletin Board: CDDD -news) today announced it has conducted a successful public demonstration of its revolutionary Fluorescent Multi-layer Card (FMC) and Disk (FMD) optical data storage technologies at the Dan Hotel, Tel Aviv, Israel and at its laboratories in Rehovoth, Israel. C3D plans to demonstrate these technologies in Silicon Valley, USA in November 1999. The event showcased C3D's fully functional prototypes implementing its FMC ClearCard-ROM, ClearCard-WORM and FMD-ROM disk technologies. In addition to greatly increasing memory capabilities, C3D's storage solutions will be significantly less expensive than the current magnetic and optical versions, reducing the cost per byte ratio in some cases by ten and hundred-fold. The new technology can be used with existing optical data storage devices with only minimal re-tooling. Magnetic and optical data storage, in addition to tapes and jukeboxes, are currently the most popular methods of data storage, but the demands of today's information systems are pushing current two-dimensional storage limits towards their natural limits. C3D's technology allows for the exponential expansion of data storage capabilities through the process of multi-layering. Multi-layering will enable the storage of hundreds (and later thousands) of gigabytes of data on standard 120mm (i.e. CD/DVD-sized) disks. Even greater potential for density memory increase is entailed in ClearCard. The information will be recorded using gray levels and multicolored fluorescence. C3D's credit card-sized ClearCard will have initial data storage capacities hundred times greater than similar-sized devices currently available. Data retrieval speeds will also reach unprecedented speeds due to the ability of parallel reading of information. In both card and disk, data will be read simultaneously from the many layers within the media. "The increasing popularity of all forms of information device and our day-to-day reliance on them, together with the advent of high bandwidth data transmission applications such as streaming audio & video, has created a situation in which memory demands are becoming far greater than current data storage technologies can deliver. With C3D's new FMC & FMD technologies, gigabytes will replace megabytes as data storage's common currency," said Dr. Eugene Levich, president and CEO of C3D, Inc. "This dramatic expansion in memory capability and concurrent reduction in carrier size will permit all kinds of new devices, such as palm-sized PCS and "E-books". It will also substantially increase the capabilities of existing devices such as digital cameras/videos and cellular phones, enabling them to become super-compact multimedia information devices." Its ClearCard, for example, will hold up to 10 gigabytes (10,000 megabytes) of data on a credit card sized carrier - compared with the approximately 4 megabyte capacity of current "Smart Cards". "Expanding memory capacity this substantially will have countless real-world ramifications. Now people will be able to store up to twenty hours of HDTV-quality video on one small card or disk. The concept of E-books can become reality, as one small card can carry numerous volumes," said Dr. Ingolf Sander, C3D's General Products Manager. "Data storage capacity will no longer be technology's limiting factor." C3D intends to commence negotiations immediately with several strategic joint venture partners and expects to begin production of the first commercial devices within twelve months, including: * a 20-layer FMC ClearCard-ROM in the form factor of a credit card having up to 10GB capacity; * a 10-layer FMC ClearCard-WORM (Write Once Read Many) in the form factor of a credit card having up to 1GB capacity; * a 10-layer FMD-ROM disk in the standard l20mm (CD&DVD) disk format having up to 140GB capacity; The planned second and third generation cards and disks will have capacities up to and exceeding one terabyte (1,000 gigabytes). RAM versions of the disks and cards are also planned. C3D, Inc. has offices and laboratories in New York, California, Israel, Russia, and the Ukraine. Its web site is at c-3d.net . The Company is focused on the development and commercialization of several digital storage memory products based upon its proprietary technology. Research is conducted by an internationally renowned team of scientists that currently holds over 40 international patents in the field of optical data storage. Statements contained in the news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which may cause actual results to differ materially from expected results. THE SEC AND NASD HAVE NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. *M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES.* CONTACT: Charles Reynolds, Harvard PR Tel: +44 (0)208 759 0005 e-mail: charlesr@harvard.co.uk Dr. Eugene Levich, C3D Inc. (for technical/industry information) Tel: +1 650 316 3694 e-mail: LEVICH@c-3d.net Contact: CONTACT: Charles Reynolds, Harvard PR Tel: +44 (0)208 759 0005 e-mail: charlesr@harvard.co.uk Dr. Eugene Levich, C3D Inc. (for technical/industry information) Tel: +1 650 316 3694 e-mail: LEVICH@c-3d.net