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

To: Art Bechhoefer who wrote (5670)	5/10/1999 11:52:00 AM
From: Jim Greif	Read Replies (3) \| Respond to of 60323

Art and Thread: SanDisk Will Supply Kodak With 64MB CompactFlash Film Cards for New Kodak Professional 265 Interactive Imaging System Event Marks Industry's Highest Capacity Memory Card Shipped With A Digital Camera SUNNYVALE, Calif.--(BUSINESS WIRE)--May 10, 1999-- SanDisk Corp. (NASDAQ:SNDK - news) Monday announced that it will supply Eastman Kodak Company with high capacity 64 megabyte (MB) CompactFlash(TM) (CF(TM)) memory cards for its new Kodak Professional 265 Interactive Imaging System. A removable, reusable 64MB CF card, which will serve as the film in the DC265 digital camera, will be included with the sale of every Kodak 265 system. This is the industry's highest capacity CF card included as a standard accessory with a digital camera at the time of sale. The new Kodak system includes the 1.6-megapixel DC265 digital camera, a SanDisk-produced 64MB CompactFlash card carrying the Kodak Picture Card label, a comprehensive collection of interactive imaging software for both Macintosh and Windows platforms, a Kaidan custom panoramic tripod head and an interactive imaging software script. Nelson Chan, SanDisk vice president of marketing, said, ''Webmasters and others involved in immersive and interactive imaging applications, as well as everyday consumers, are buying new higher resolution cameras such as the Kodak DC265 in part because of their higher capacity CF flash memory cards so they can capture more images per card. The storage capacity of CompactFlash cards being shipped with digital cameras is rising quickly as just a year or two ago, most digital cameras shipped with only 2 and 4MB CF cards. Kodak is a major user of the CompactFlash card format and now has introduced more than 10 cameras that rely on SanDisk CF as their digital film.'' ''With the ever-increasing capabilities and speed of digital cameras, and the growth of interactive imaging contents on the Web, our professional customers are constantly in need of more storage space and capture capability,'' said Jukka Ropponen, director of Worldwide Operations, Solutions and Services, Kodak Professional. ''The new 64MB CF cards from SanDisk were a natural choice for our new Kodak Professional DC 265 Interactive Imaging Systems based on those realities. SanDisk's CompactFlash cards have an excellent reputation for their high reliability, compatibility, ease of use and high capacity.'' A SanDisk-produced 64MB CompactFlash card also will be included with the sale of each Kodak Professional 260/265 Web Imaging Kit. The kit includes the same components, except for a camera, as the imaging system. The 265 system and kit enable Web designers, photographers, multimedia professionals, advanced amateurs and others to create interactive panoramic digital images without any significant training or integration processes. The imaging system will be available later this month at a suggested list price of $1,499 while the imaging kit will be available at the same time at a suggested list price of $525. SanDisk-branded CompactFlash cards, ranging in capacity between 4 and 96MB, are available at more than 7,000 stores worldwide as well as through an extensive worldwide industrial distribution channel. SanDisk Corp., the world's largest supplier of flash data storage products, designs, manufactures and markets industry-standard, solid-state data, digital imaging and audio storage products using its patented, high density flash memory and controller technology. SanDisk is based in Sunnyvale. The matters discussed in this news release contain forward looking statements that are subject to certain risks and uncertainties as described under the caption ''Factors That May Affect Future Results'' 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. CompactFlash and CF are trademarks of SanDisk Corp. SanDisk's Web site/home page address: sandisk.com. This seems to be good news. But there is a downside to all of the OEM announcements--Sandisk is unlikely to ever create a brand when it sells most of the its products through OEM arrangements. Jim