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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Kenya AA who wrote (42349)	1/6/1999 8:59:00 AM
From: Kenya AA	Read Replies (1) \| Respond to of 97611

Imation Corp. Announces Adoption of SuperDisk Drive as Standard on Compaq Presario 5200 Series Internet PCs Business Wire - January 06, 1999 08:16 Oakdale, Minn.--(BUSINESS WIRE)--Jan. 6, 1999-- Floppy-Compatible 120 MB SuperDisk Drive Does The Work of Two Drives in One Providing further evidence of the growing popularity of SuperDisk technology as the built-in replacement for the floppy drive in new PCs, Imation Corp. (NYSE: IMN) today announced that Compaq Computer Corp. (NYSE: CPQ) now offers the 120 MB, floppy-compatible SuperDisk drive as a built-in, standard feature in five new Compaq Presario computers: models 5220, 5240, 5248, 5222 and 5242. Effective this week, the SuperDisk-equipped Compaq Presario computers are available via major computer stores and catalogers across North America. For more information, customers may visit Compaq online at www.compaq.com/athome. "Compaq continues its tradition of delivering an unrivaled Internet computing experience at an unprecedented value, by being one of the first to market SuperDisk-equipped systems at prices starting as low as $1,099 -- well within reach of the average consumer," said Mike Rubin, director and general manager, Presario desktop division, Compaq Computer Corporation. "As the Internet continues to be the number one use for home computers, SuperDisk provides an easy-to-use solution to store and share the latest files, pictures and information that simply won't fit on a standard floppy." In homes, schools and small offices everywhere, users are storing digital photographs, Internet downloads, graphics, presentations and other data-rich files that require more space than ever before. Offering more than 83 times the storage capacity of the 1.44 MB diskette, the SuperDisk diskette is tailored to meet these needs. Imation Corp. is a co-developer of SuperDisk technology, which is designed to replace the 1.44 MB floppy drive. The SuperDisk drive is the only available high-capacity diskette technology that works with 120 MB SuperDisk diskettes as well as 1.44 MB and 720 KB diskettes. "With today's exciting news, Compaq extends the benefits of SuperDisk technology to its substantial base of consumer and home office users," said Ray Meifert, SuperDisk business director, Imation Corp. "As the array of SuperDisk products and options continues to grow, Compaq's customers will find it easier than ever to save, store and exchange files - large and small - with a built-in SuperDisk drive." Imation's current line of SuperDisk products includes the Imation SuperDisk USB Drive for the Apple iMac, the Imation SuperDisk Parallel Port Drive, the Imation SuperDisk Diskette, and the Imation SuperDisk Diskette with Secured Encryption Technology. SuperDisk drives also are offered as standard or optional internal equipment in new desktop and notebook computers from more than 100 leading PC suppliers. SCSI, PCMCIA, and internal IDE SuperDisk drives also are available from various leading suppliers. More information about SuperDisk technology is available at superdisk.com. About Imation Corp. Based in Oakdale, Minn., Imation supplies a variety of products and services worldwide for the information and image management industry, specializing in imaging and data storage solutions. In 1997, the Company generated revenues of approximately $2.2 billion. As of September 30, 1998, Imation employed approximately 8,400 people worldwide. Additional information about Imation is available on the Company's Web site at www.imation.com or by calling Imation toll-free at 1-888-466-3456. To receive recent earnings and new releases, corporate information and related shareholder services, call Imation's toll-free shareholder information line at 1-888-IMN-NYSE (1-888-466-6973). Imation and SuperDisk are trademarks of Imation Corp. All other trademarks are trademarks of their respective companies.