CENTENNIAL TECHNOLOGIES And INTEL Announce CENTENNIAL'S New Generation Of Linear FLASH PC Cards.WILMINGTON, Mass.--(BUSINESS WIRE)--Sept. 17, 1997--CENTENNIAL TECHNOLOGIES, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (Ticker: CENL CENL Conference of European National Librarians CENL Conference of European National Libraries ) and INTEL CORPORATION (Ticker: INTC INTC Intel (NASDAQ symbol) INTC Intercept INTC Interrupt Controller ) announced today the introduction of CENTENNIAL'S new generation of linear FLASH PC Cards. CENTENNIAL'S latest product line, its FLASH MLC (MultiLevel Cell) A flash memory technology that stores more than one bit per cell. Traditional flash memory defines a 0 or 1 bit based on a single voltage threshold. series, uses INTEL StrataFlash(TM) memory technology. These new products will provide CENTENNIAL'S customers with up to 64 megabytes of memory capacity, making the FLASH MLC series one of the highest density linear Flash cards offered on the market today. "This new product series is a fine example of the continuing benefits to our customers of our ongoing strategic alliance with INTEL," noted CENTENNIAL'S President and Chief Executive Officer L. Michael Hone. "Our partnership with INTEL allows CENTENNIAL to meet expanding requirements for speed and density as our customers face a wider range of system storage needs." Earlier today, INTEL released its own announcement regarding its INTEL StrataFlash(TM) technology entitled, "Intel Delivers Breakthrough Memory Technology; Intel StrataFlash(TM) Memory Moves Beyond Moore's Law "The number of transistors and resistors on a chip doubles every 18 months." By Intel co-founder Gordon Moore regarding the pace of semiconductor technology. He made this famous comment in 1965 when there were approximately 60 devices on a chip. ." In reference to the 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 , this press release contains forward looking statements. The matters expressed in such statements are subject to numerous risks and uncertainties, including, without limitation, the market's acceptance of Centennial's new product series, the ability of Centennial to reach a definitive agreement with the plaintiffs in the pending securities class action litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. regarding settlement terms, and other risks identified in filings made by Centennial Technologies, Inc. with the Securities and Exchange Commission (the "Commission") including Centennial's Annual Report on Form 10-K filed with the Commission on July 22, 1997 under the heading "Risk Factors," and Centennial's Quarterly Report on Form 10-Q filed with the Commission on August 14, 1997 under the heading "Risk Factors." CONTACT: Centennial Technologies, Inc. Cheryl Byrne, (978) 988-8848 |
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