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To: Dealer who wrote (2513)9/20/2000 9:28:42 AM
From: Dealer  Read Replies (1) | Respond to of 65232
 
SNDK--SanDisk and PMI Demonstrate World's First Silver Halide Processing Digital Photo Kiosk
High Quality Prints From the Kiosk and Ease of Use Expected to Attract Digital Camera Owners
COLOGNE, Germany--(BUSINESS WIRE)--Sept. 20, 2000--SanDisk Corporation (Nasdaq:SNDK - news) and Photo-Me International (PMI)(PHTM.L) today unveiled the world's first silver halide processing digital photo kiosk at a news conference here, demonstrating capabilities that are expected to allow millions of digital camera owners to easily and economically obtain top quality digital prints from kiosks.

During the session, officials photographed audience members with a digital camera, they then inserted flash data storage cards into the kiosk, edited the photos on the kiosk's display screen then quickly printed them on high quality photographic paper via the kiosk. The demonstration at a hotel here was in conjunction with Photokina, the world's largest imaging industry exposition where SanDisk is demonstrating its products in Hall 5, A-ll during the event. PMI is demonstrating its products in Hall 5.1, F12G11.

SanDisk and PMI, a British company, expect the kiosks, bearing the name of SanDisk, will start to be deployed for consumer use in North America by the end of this year. SanDisk and PMI, which have formed a joint venture called Digital Portal Inc. (DPI) to operate the kiosks throughout North America, expect they will provide consumers with low cost, high quality photo prints of digitally captured images that will enhance the instant gratification that digital photography offers.

Besides printing photos, the DPI kiosks will allow consumers to upload their personal files of digital pictures either from the kiosk or from their home PC to the DPI photographic portal partners where the photos can be accessed by friends and relatives. The feature will allow an individual in New York City, for example, to upload pictures of a family celebration to the DPI web site. A relative in San Francisco could then visit his local kiosk, download the file under a unique user pass key and select what pictures to print immediately from the kiosk.

The kiosk's acceptability of most storage media used in digital cameras is expected to make the kiosks widely popular. Each kiosk will have the capability of accepting digital film flash memory cards used in digital cameras today including CompactFlash(TM), SmartMedia cards, MultiMediaCards and Secure Digital cards.

Besides accepting a variety of digital storage media the DPI kiosk will provide consumers with five highly efficient and innovative services: first, superior photo quality by the PMI patented LCD Booster technology, which provides a picture resolution of 15 million pixels, far in excess of the resolution of any digital camera; second, high quality Silvertronix(TM) technology (Silvertronix(TM) is the name given to combining silver halide processing and LCD booster technology) which is the same process used in 1-hour photo print services; third, a simple, interactive and user friendly interface; fourth, a price per print matching today's cost of 1 hour prints while developing the first 4 x 6 print in approximately two minutes and an additional 20 seconds for each subsequent print; and fifth, web connectivity to allow the user to share the digital photo experience.

It is expected that the new venture will accelerate the sale of digital cameras and the widespread adoption of digital photography.

PMI is the worldwide leader in photo kiosk vending machines. The company is based in Bookham, Surrey, United Kingdom.

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, California.

The matters discussed in this news release contain forward looking statements that are subject to certain risks and uncertainties such as the venture's ability to deploy kiosks in large volumes commencing in 2001, competition from other digital photo printing service providers, and customer acceptance of the kiosks as well as those factors 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 is a trademark of SanDisk Corp. Silvertronix is a trademark of KIS S.A.

SanDisk's web site/home page address: sandisk.com



To: Dealer who wrote (2513)9/20/2000 9:41:38 AM
From: T L Comiskey  Respond to of 65232
 
Wednesday September 20, 9:42 am Eastern Time

RESEARCH ALERT-CSFB reiterates Intel strong buy

NEW YORK, Sept 20 (Reuters) - Credit Suisse First Boston analyst Charlie Glavin on Wednesday reiterated his strong buy rating on
semiconductor maker Intel Corp. (NasdaqNM:INTC - news), with a target price of $100.

In a research report, Glavin said:

-- weakness in the stock was overdone because the company has bright long-term prospects.

-- he expects the company to post revenue growth of between 8 and 10 percent at least when it reports quarterly results in two weeks.

-- growth will be slower than his initial forecasts of between 12 and 15 percent because of weak demand from Europe.

-- he sees stronger growth in the next quarter amid rising European orders and demand for laptops and servers.

Intel shares were up 3/4 at $61-1/8 in early Nasdaq trading.