Agfa to Support CompactFlash Film Cards in New Digital Camera; Agfa Will Introduce Its First CF-Based Digital Camera At January CES Show.SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 8, 1998--SanDisk Corp. (Nasdaq:SNDK), inventor of the CompactFlash(TM) (CF(TM)) small size memory card and a founding member of the CompactFlash Association (CompactFlash Association, Palo Alto, CA, www.compactflash.org) A membership organization founded in 1995 by SanDisk, Canon, Motorola, HP and others. Its goal is to promote CompactFlash as the premier open standard for storage for digital appliances and handheld devices. See CompactFlash. (CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. ), announced today that Agfa, the world's leading provider of award-winning desktop scanners and digital cameras, will introduce its first digital camera using CompactFlash film cards on January 6, at the Consumer Electronics Show in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . In the last two years, more than 55 digital cameras, produced by 26 different companies, have been introduced with slots for removable CompactFlash film cards. CompactFlash has become the global de facto [Latin, In fact.] In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs that must be accepted for all practical purposes, but is illegal or illegitimate. film standard for digital cameras. Patrick Pandelaers, Agfa ePhoto digital camera senior project manager, said, "SanDisk and other suppliers of CompactFlash have demonstrated that CF cards are very durable and reliable and have achieved broad acceptance among digital camera users. CompactFlash is a fine alternative for file storage in our ePhoto line of digital cameras." Nelson Chan, SanDisk vice president of marketing, said, "Agfa produces superb digital cameras that are consistently among the most popular on the market. Its decision to switch to the CF card standard for its new digital camera is a powerful endorsement for CompactFlash. "Agfa joins numerous other camera manufactures including Canon, Casio, Epson, Kodak, Konica, Hewlett-Packard, Minolta, Nikon, Panasonic and Polaroid who have already introduced cameras that use CompactFlash digital film cards. Minolta recently switched from SmartMedia to CompactFlash, and we believe that companies other than Agfa and Minolta will follow that trend in recognition of the clear preference of consumers." Digital cameras previously introduced by Agfa have been using SmartMedia cards. CompactFlash cards are both forward and backward compatible Refers to hardware or software that is compatible with earlier versions of the product. Also called "downward compatible." Contrast with forward compatible. backward compatible - backward compatibility -- meaning that the CompactFlash cards sold today will work in digital cameras introduced years in the future and CF cards introduced in coming years will work in today's digital cameras. Approximately 1.3 million CompactFlash cards were sold worldwide in 1997, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. independent market research firms, and SanDisk was the market leader with approximately 75 percent of all units sold. SanDisk CF cards, sold today at more than 7,000 stores worldwide, are available in capacities ranging from 4 to 48MB. SanDisk CF cards with 64, 80 and 96MB will be available in the first quarter of 1999. The Agfa-Gevaert Group is a worldwide manufacturer of imaging products and systems with annual worldwide sales of $4.5 billion. Agfa-Gevaert manufactures and markets products and systems for the electronic and photographic prepress, medical and technical diagnostic and amateur and professional photographic markets. Headquartered in Europe, Agfa-Gervaert is wholly-owned by Bayer AG Bayer AG German chemical and pharmaceutical company. Founded in 1863 by Friedrich Bayer (1825–1880), it now operates plants in more than 30 countries. Bayer has originated scores of pharmaceuticals, chemicals, and synthetic materials; it was the first developer and . In the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Agfa operates as a division of Bayer Corp. with headquarters in Ridgefield Park Ridgefield Park, village (1990 pop. 12,454), Bergen co., NE N.J., on the Hackensack River; inc. 1892. Chiefly residential, it manufactures some paper goods. , N.J. Bayer, headquartered in Pittsburgh, has major businesses in chemicals, health care and imaging technologies. Agfa is on the World Wide Web at http://www.agfahome.com. SanDisk Corporation, 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. The company 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 "Risk Factors" in the company'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. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. , filed with the Securities and Exchange Commission. The company assumes no obligation to update the information in this release. SanDisk's web site/home page address: http://www.sandisk.com CompactFlash and CF are trademarks of SanDisk Corporation. Agfa's web site/home page address: http:www.agfahome.com/ephoto ePhoto is a trademark of Agfa, a Division of Bayer Corporation. |
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