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

To: Josef Svejk who wrote (2532)	2/11/1998 11:12:00 AM
From: jkb	Read Replies (1) \| Respond to of 60323

Wednesday February 11, 10:46 am Eastern Time Company Press Release SanDisk Introduces 30, 40 and 48MB CompactFlash Cards 48MB Card is Industry's Highest Capacity CF Card NEW ORLEANS--(BUSINESS WIRE)--Feb. 11, 1998--SanDisk Corporation (NASDAQ:SNDK - news) today introduced 30, 40 and 48 megabyte (MB) solid-state CompactFlash(tm)(CF(tm)) memory cards and announced that sampling will start immediately with volume shipments in March. The 48MB card is the industry's highest capacity CompactFlash card. The announcements were made at the annual PMA (Photo Marketing Association) trade show in New Orleans. Most CF cards, which can store images, audio or data, are used today to capture and store images in digital cameras. SanDisk is demonstrating the high capacity memory cards and other products in booth F170 at the show. Ed Cuellar, SanDisk product manager said, ''With the introduction of numerous megapixel digital cameras, consumers want higher capacity memory cards because many of these cameras require a megabyte of storage for each image in highest resolution mode. The demand for high capacity storage cards for digital cameras is exceeding many of the early market forecasts.'' He added that, ''Consumers clearly have voiced their preference for CF cards over competing small size memory cards. More than 25 new digital cameras specifically designed with slots for CF cards have been introduced and more than 20 additional digital cameras designed to use CompactFlash will be introduced this year.'' SanDisk CompactFlash memory cards are sold both under the brand names of leading camera manufacturers, such as Kodak, Canon, Casio, Konica and Panasonic, and under the SanDisk brand label. Besides the 30, 40 and 48MB capacities, CompactFlash cards also are available in 2, 4, 6, 8, 10, 15, 20 and 24MB capacities. SanDisk Corporation, the world's largest supplier of flash data storage products, designs, manufactures and markets industry-standard, solid-state data, image and audio storage products using patented, high density flash memory and controller technology. SanDisk has strategic alliances with Seagate Technology, Matsushita Electronic Corp., NEC Corp. [Nasdaq:NIPNY - news] and LG Semicon. The company is based in Sunnyvale, CA. The matters discussed in this news release contain forward looking statements that are subject to certain risks and uncertainties as described under the caption ''Risk Factors'' 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. SanDisk's web site/home page address: sandisk.com CompactFlash and CF are trademarks of SanDisk Corporation. Contact: SanDisk Corp. Nelson Chan, 408/542-0456 Bob Goligoski, 408/542-0463