Advanced MicroSensors Begins Volume Shipments of MR Tape Head Components for Quantum's SDLT 320 Tape Drive.Business/Technology Editors SHREWSBURY, Mass.--(BUSINESS WIRE)--Aug. 5, 2002 Advanced MicroSensors, Inc. (AMS AMS - Andrew Message System ), a growing supplier of magneto-resistive (MR) tape heads and Micro-Electro-Mechanical Systems Micro-electro-mechanical systems (MEMS) Systems that couple micromechanisms with microelectronics. Such systems are also referred to as microsystems, and the coupling of micromechanisms with microelectronics is also termed micromechatronics. (MEMS (MicroElectroMechanical Systems) Tiny mechanical devices that are built onto semiconductor chips and are measured in micrometers. In the research labs since the 1980s, MEMS devices began to materialize as commercial products in the mid-1990s. ) related products, today announced that it has successfully completed qualification and is shipping MR tape heads to Quantum Corporation for use in its SDLT (Super DLT) See DLT. 320 tape drive. The SDLT 320 holds 320 GB of compressed data on a tape cartridge See cartridge. about half the size of a standard VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. tape, while it transfers data at speeds up to 32 MB/s compressed, giving customers the performance they need to deal with shrinking back up windows. AMS, a developer and manufacturer of advanced thin-film components and its strategic partner, Lafe Technology Ltd., who provides post-wafer processing, assembly, and packaging, are collaborating to produce MR tape heads for data storage applications. "AMS is a strategic supplier of tape heads for Quantum and consistent with their past performance, they are again helping Quantum to successfully extend a standard of technology innovation, with the newly launched SDLT 320 tape drive," said Curt Kane, Vice President - Supply Chain Management, Quantum. "With the support and technical expertise that we received from AMS, the SDLT 320 demonstrates the innovation that customers expect from Quantum to help them backup and archive their business-critical information safely and reliably." "The SDLT 320 is the second Super DLTtape drive using AMS/Lafe's heads," said Dr. Gunther Baubock, VP of Engineering of Advanced MicroSensors. "AMS is proud to have a relationship with Quantum and share in the success of the SDLT 320, as it offers customers 60 percent greater capacity than alternative mid-range tape drives and the highest performance available." "AMS is pleased to have our advanced thin-film component products associated with Quantum's technology leadership in DLTtape and Super DLTtape products." said Ken Martin, Director of Tape Head Programs of Advanced MicroSensors. "It is satisfying to know that AMS products work in concert, with Quantum's performance and quality standards." About Quantum Corporation: Quantum Corp. (NYSE NYSE See: New York Stock Exchange :DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S ), founded in 1980, is a global leader in data protection and network storage systems, meeting the needs of business customers with enterprise-wide storage solutions and services. Quantum is the world's largest supplier of tape drives, and its DLTtape(TM) technology is the standard for backup, archiving, and recovery of mission-critical data. Quantum is a leader in the design, manufacture and service of automated tape libraries used to manage, store and transfer data. In addition to having the largest installed base of Network Attached Storage (NAS (1) See network access server. (2) (Network Attached Storage) A specialized file server that connects to the network. A NAS device contains a slimmed-down operating system and a file system and processes only I/O requests by supporting the popular ) appliances of any NAS supplier, Quantum is the leader in the workgroup NAS market category. Quantum sales for the fiscal year ending March 31, 2002, were approximately $1.1 billion. Quantum Corp., 501 Sycamore Dr., Milpitas, CA 95305, (408) 944-4000. About Lafe Lafe Technology Ltd., founded in Hong Kong in 1982, is a leading company engaged in design and manufacture of recording head and drive sub-assemblies for tape drives, recording head and stack assemblies for hard disk drives, and 6 in-dash CD drive products. Manufacturing is conducted from Lafe Industrial Park in Panyu City, China. About AMS Formed in April 1999 and located in Shrewsbury, MA, Advanced MicroSensors is a rapidly growing U.S. manufacturer of MEMS and thin film tape head components for the Storage, Telecommunications and Industrial markets. The company offers a single-site approach that takes integrated or discrete micro-electro-mechanical systems, micro-optoelectro-mechanical systems, sensors and data recording products from concept to commercialization. AMS is privately held and operates in 80,000 square feet of space with 50,000 square feet of Class 100 clean room space. For more information, please visit the company's website at http://www.advancedmicrosensors.com. Quantum and the Quantum logo are trademarks of Quantum Corporation, registered in the United States and other countries. DLT (Digital Linear Tape) A magnetic tape technology originally developed by Digital for its VAX line. The technology was later sold to Quantum, which makes it available to other manufacturers. DLT uses half-inch, single-hub cartridges similar to IBM's 3480/3490/3590 line. , DLTtape, and Super DLTtape are trademarks of Quantum Corporation. All other trademarks are the property of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This press release contains certain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations with respect to the AMS and volume shipments of volume MR Tape heads components and Super DLTtape 320 tape drives and are subject to certain risks and uncertainties. As a result, actual results may differ materially from the forward-looking statements contained herein. Factors that could cause actual results to differ materially from those described herein including the inherent uncertainty of market demand for storage products, unforeseen technological limitations of qualified tape media products, unexpected material deviation in the compatibility of product design product and operation, the economic environment of the storage and information systems industry, and the general economic environment. More detailed information about these risk factors, and additional risk factors, are set forth in Quantum's periodic filings with the Securities and Exchange Commission including, but not limited to, those risks and uncertainties listed in the section entitled "Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial of Financial Condition and Results of Operations - Trends and Uncertainties," pages 44-54 in Quantum's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed with the Securities and Exchange Commission on July 2, 2002, and pages 31-39 in Quantum's Quarterly Report on Form 10-Q Form 10-Q See 10-Q. , filed with the Securities and Exchange Commission on February 13, 2002, including but not limited to the risk factor on page 34 under the heading "Competition has increased and may increasingly intensify in the tape drive market as a result of competitors introducing tape drive products based on new technology standards and on DLTtape technology". Quantum expressly disclaims any obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion