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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: JJB who wrote (1671)11/18/1997 12:11:00 PM
From: Bobby  Respond to of 60323
 
SANDISK SIGNS RETAIL DISTRIBUTION AGREEMENTS WITH EIGHT MAJOR
CONSUMER ELECTRONICS AND OFFICE SUPPLY CHAINS

sandisk.com



To: JJB who wrote (1671)11/26/1997 3:11:00 AM
From: Esa  Read Replies (1) | Respond to of 60323
 
Since the SmartMedia is gaining ground as an alternative to CompactFlash I would like to know if there is any Sandisk technology in it? (=$$$ for SNDK) Can somebody help? This was announced in August and I wonder if it relates to SmartMedia?

SUNNYVALE, CA, Aug. 5, 1997 -- Toshiba Corporation and SanDisk Corporation (NASDAQ:SNDK) today announced that they have signed a cross-licensing agreement for flash memory related patents.

Under the agreement, Toshiba and SanDisk have licensed each other's patents covering design and manufacture of flash memory products, giving both companies worldwide rights to use those patents. Specific terms of the agreement are confidential.

Koichi Suzuki, Group Executive of Toshiba's Semiconductor Group, commenting on the agreement said, "This agreement between the two leaders of flash memory technologies will provide a great impetus to growth of the flash data storage market. Toshiba is committed to
providing our global customers with a wide variety of flash-based products."

Eli Harari, Sandisk president and CEO, said, "We are very happy to announce this patent cross license agreement between Toshiba and SanDisk. Both companies have pioneered the emerging markets for flash data storage. This agreement will accelerate the market development. I look forward to excellent future cooperation between the two companies."