To: KM who wrote (17943 ) 3/29/1999 9:24:00 AM From: REH Respond to of 93625
SMART MODULAR TECHNOLOGIES READY FOR RAMBUS! * SMART Continues to Lead the Industry in Advanced Memory Module Technology * Investment in Production and Test Equipment Readies SMART for Full-Scale RIMM(TM) Module Production FREMONT, Calif., March 29 /PRNewswire/ -- SMART Modular Technologies, Inc. (Nasdaq: SMOD) announced today that it is prepared to begin full-scale Rambus(R) RIMM(TM) module production. In anticipation of the industry-wide demand for this advanced memory technology, SMART has made extensive investments in high-speed placement and test equipment, as well as adding key personnel in the areas of engineering, operations and sales to its worldwide facilities. SMART also expects to make an additional $15 to $20 million capital investment in the next eight months to help ensure its readiness for the expected growth in demand for RIMM modules. "SMART's leadership in providing the industry with high volume production of 100% tested Rambus RIMM modules will be a significant factor in meeting expected industry demand," stated Subodh Toprani, vice president and general manager of the Industry Enabling Division at Rambus Inc. "Moreover, SMART's RIMM modules will address the industry's ever increasing need for the advanced memory used in high-bandwidth, low latency applications." "We are pleased with our ability to meet Rambus' standards for RIMM module products and our readiness for full-scale, high volume production," stated Keith McDonald, SMART's President. "Our significant investment in the design, engineering and production of Rambus RIMM modules help enable us to provide our customers with the memory they need for their next generation products." SMART's Rambus RIMM module manufacturing and test equipment includes automated high-speed placement equipment with full vision inspection capability to handle mBGA package simulation software and advanced x-ray and optical inspection equipment. To ensure full-speed functionality and high-quality modules, SMART's Fremont facility is equipped with Hewlett-Packard test systems capable of testing modules up to 1.3GHz with a measuring accuracy of +/-50ps. SMART Modular Technologies, Inc. is a leading independent manufacturer of specialty and standard memory modules, Flash memory cards, high performance embedded computer modules, as well as I/O product solutions. SMART offers more than 500 products to leading OEMs in the computer, networking and telecommunications industries. SMART has manufacturing facilities in California, Puerto Rico, Scotland and Malaysia, design centers in Fremont and India, and sales organizations worldwide. More information on SMART can be obtained on the Internet at smartm.com . reh