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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Ben Antanaitis who wrote (8524)3/26/1999 10:02:00 AM
From: David Colvin  Respond to of 10072
 
Ben,

Thanks for the link.

Some things I found of interest From the 10-K:

During the year ended December 31, 1998, sales to Ingram Micro, Inc., a distributor, accounted for 16% of sales. During the year ended December 31, 1997, sales to Ingram Micro, Inc., accounted for 14% of sales. No other single customer accounted for more than 10% of the Company's sales in 1998 or 1997.

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The Company currently has third-party manufacturing relationships with MegaMedia Corporation and Sentinel N.V. (which produce a significant majority of all Zip disks).

Comments:

- Who is MegaMedia Corporation?....the supplier of Jaz disks?

- I didn't realize that Sentinel produced a significant majority of all Zip disks.

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In 1998, the Company granted Toshiba a non-exclusive worldwide license to redesign, manufacture and market slimline internal Zip drives and external PCMCIA-connected Zip solutions. Toshiba has announced plans to manufacture and market slimline Zip drives to OEM notebook manufacturers worldwide and into the beyond-PC applications market in 1999. Toshiba is also expected to engineer and manufacture slimline Zip drives for the Company to be included in a substantial portion of Iomega-branded notebook OEM and future smaller form factor retail Zip drives.

Comment:

- Iomega branded?

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An important element of the Company's business strategy is the ongoing enhancement of existing products and the development of new products. During 1997 and 1998, the Company's efforts were primarily focused on the development of the Company's Clik! products and enhancing the features, developing different system interfaces, developing higher capacity and performance versions, enhancing and expanding compatibility with various computers and operating systems and reducing the production costs of its existing Zip and Jaz products. Moreover, the Company is looking at advanced head/media systems for future platforms beyond the current family of Jaz products and plans to increase its efforts in the areas of software utilities and solutions, which will continue to emphasize "ease of use" functionality.

Dave