To: Michael A. Gottesman who wrote (9041 ) 2/2/2000 12:16:00 PM From: Tumbleweed Read Replies (2) | Respond to of 60323
SanDisk Ships More Than Three Million CompactFlash Cards in 1999 as Unit Sales Surge More Than 140 Percent LAS VEGAS--(BUSINESS WIRE)--Feb. 2, 2000--SanDisk Corporation (NASDAQ:SNDK - news) announced today it shipped more than three million CompactFlash(TM) (CF(TM)) memory cards in 1999, an increase of more than 140 percent over the 1.3 million SanDisk CF cards shipped in 1998. The announcement was made at the annual Photo Marketing Association trade show. (SanDisk booth: F-40) Sales of CompactFlash, SanDisk's flagship product, were driven in part by the growing popularity of digital cameras, many of which use the small, removable, matchbook-sized cards as reusable digital film. More than 110 digital cameras have been introduced with slots for CF cards. More than 220 total products have been introduced that use CF cards including numerous handheld computers, photo printers, internet music players, medical monitors, set-top boxes, audio recorders and auto PCs. SanDisk invented CompactFlash, and 1996 was the first full year that the cards were sold. Nelson Chan, SanDisk's senior vice president of marketing, said, ``CompactFlash continues to be one of the most popular storage cards for digital cameras and handheld computers. We expect that when market research firms start releasing their annual flash card reports soon they will again conclude that SanDisk is the market share leader in overall flash card revenue.' SanDisk branded solid-state (no moving parts) CF memory cards are available in more than 13,000 retail stores worldwide and range in capacity between 4 and 128 megabytes (MB). Higher capacity 160MB and 192MB SanDisk CF cards will start shipping to retail outlets in March-April. SanDisk also offers connectivity solutions for CF memory cards with its popular ImageMate(TM) external CF reader/writer drive. The ImageMate is available in both parallel port and USB versions.