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To: puborectalis who wrote (113385)9/6/2000 9:12:24 PM
From: Susan G  Read Replies (1) | Respond to of 120523
 
SanDisk Expands Retail Operations in Europe, the Middle East and Africa
Retail Distributors Signed Up In Ten New Countries
LONDON, Sep 6, 2000 (BUSINESS WIRE) -- SanDisk Corporation (Nasdaq: SNDK chart, msgs) today announced that it has launched an expansion of its growing retail presence in Europe, the Middle East and Africa (EMEA region) by signing up retail distributors in 10 new countries and adding new retail outlets in EMEA region countries where SanDisk-branded products already are sold.

The expansion is being driven by an accelerating demand for SanDisk's flash memory cards which are being used for numerous new, mass market applications including the storage of images in digital cameras, music in Internet music players and data in handheld computers and mobile phones. The announcement was made at SanDisk press briefings in London.

Gerrit Van Hofwegen, EMEA retail sales manager, said, "Product revenue from SanDisk's Europe operations accounted for 16 percent of all product revenue in the first half of this year. In 1999, Europe's product revenue was 11 percent of the company's total product revenue. SanDisk's total revenue during the first six months of 2000 was $253 million, surpassing the $247 million in revenue recorded during all of 1999."

Van Hofwegen added, "SanDisk's sales in Europe are strongest in the UK, Germany, France and Holland with business growing briskly also in Belgium, Scandinavia, Italy and Spain. We see considerable new business ahead in many of the EMEA markets, such as the Middle East, South Africa and Eastern Europe where consumer electronics products are starting to sell strongly. SanDisk is vigorously pursuing that business."

The new retail distributors were signed up in South Africa, Canary Islands, Israel, Ireland, Russia, Hungary, Czech Republic, Poland, Turkey and Greece. SanDisk-branded flash memory cards and card readers are now sold in more than 7,000 retail outlets in the EMEA countries.

To help manage SanDisk's growing business, the company has hired London-based Stuart Fray, who joined the company as Northern Europe retail sales manager to handle SanDisk's retail business in the UK and Scandinavia. Fray reports to Van Hofwegen, who is based in Holland and oversees SanDisk's retail sales operations in Europe, the Middle East and Africa.

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, Calif.

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: All trade names are either registered trademarks or trademarks of their respective holders. SanDisk's Web site/home page address: sandisk.com



To: puborectalis who wrote (113385)9/7/2000 7:21:34 PM
From: Susan G  Respond to of 120523
 
Lexar Media sues Sandisk in flash memory patent dispute

Reuters, 09/7/2000 18:32

WILMINGTON, Del,, Sept 7 (Reuters) - Lexar Media Inc. (NASDAQ:LEXR) sued SanDisk Corp. (NASDAQ:SNDK) Thursday for alleged infringement of a Lexar patent for flash memory storage chips.

In papers filed in the U.S. District Court in Delaware, Lexar said SanDisk flash memory products, including its "SmartMedia" cards, drivers and readers, allegedly infringed Lexar's patent for a "Flash memory mass storage architecture incorporation wear leveling technique."

The 1993 patent was originally assigned to Cirrus Logic Inc. and acquired by Lexar in 1996. Lexar seeks a jury trial on its demands that SanDisk be blocked from further alleged infringement and that Lexar be awarded unspecified damages, tripled for alleged willful infringement.

Flash memory chips, unlike traditional storage chips, always maintain a charge, providing instant use. That feature is favored in such applications as digital cameras and cell telephones.

Lexar, of Fremont, California, sells removable and usable digital film in four industry formats: CompactFlash, Memory Stick, SmartMedia and PC Cards.

Sandisk, of Sunnyvale, California, is the world's largest supplier of flash data storage products including CompactFlash Cards, MultiMedia Cards, Secure Digital cards.

SanDisk spokesman Elias Castillo said the company could not comment on the lawsuit until it could review it. He notes that the SmartMedia card referred to by Lexar is made by Toshiba and branded by SanDisk.

Castillo told Reuters that "Sales for the total worldwide flash card market in 1999 were $718 million and that is expected to more than double in 2000 to $1.7 billion. We have nearly 29 percent of the market share."

SanDisk has a patent infringement lawsuit pending against Lexar in another jurisdiction.

Copyright 2000, Reuters News Service