Compaq Forms Alliance with Crucial Technology to Supply Industry-Leading System Memory; Crucial to Offer 15% Off Coupon for Memory Upgrades on all Compaq Presario Desktops.HOUSTON--(BUSINESS WIRE)--Sept. 8, 1999-- Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. (NYSE NYSE See: New York Stock Exchange : CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ) today announced that it has formed an alliance with Crucial Technology, a division of Micron Technology Micron Technology ("Micron") NYSE: MU is a multinational company based in Boise, Idaho, USA, best known for producing many forms of semiconductor devices. This includes DRAM, SDRAM, flash memory, and CMOS image sensing chips. (NYSE: MU) to supply standard system memory for Compaq's Presario 5300 Series and provide a 15% off coupon for memory upgrades on all Presario Desktop Internet PCs. Crucial will supply Compaq with 64MB memory kits that are standard on all Presario 5300 Series models. Crucial's memory is standard on Compaq's popular Presario 5304, which is aggressively priced at $499 and includes key features such as a Cyrix MII 1. (body) MII - A consortium of Microsoft, IBM, and Intel. 2. (storage) MII - A broadcast component video tape format licensed by Panasonic. (TM), 366 MMX (MultiMedia EXtensions) A set of 57 additional instructions built into the Pentium MMX chip for improved multimedia and modem performance by performing mathematical operations on multiple sets of data at the same time (see SIMD). (TM) enhanced processor(a), 64MB of Crucial memory and a 4.3GB hard disk drive. Crucial is also providing 15% off upgrade coupons with all Compaq Presario Presario is a series of desktop computers and notebooks from Compaq. The Presario family of computers was launched for the consumer marketplace in September 1993. Although HP has since acquired Compaq, the Presario name was not discontinued due to its marketability. Desktop Internet PCs for those consumers who wish to add larger levels of system memory to their PC and take advantage of significant cost savings. The 15% coupon is located in all Presario Desktop Internet PC boxes and can be fulfilled via Crucial's toll-free number (1-800-336-8916) or Web site (www.crucial.com/compaq).(b) "The Presario brand is committed to providing consumers with the highest degree of value and functionality in its desktop line," said Mark Vena, Director of Presario Desktops, Consumer Products Group, Compaq Computer Corporation. "Our alliance with Crucial will provide a baseline of 64MB of memory in our aggressively priced Presario 5300 Series and will allow consumers to use their PC in a more productive and enjoyable manner." "I am pleased that Compaq recognizes the effectiveness of purchasing from the only factory-direct memory upgrade supplier," said Scott Schoenherr, General Manager for Crucial Technology. "Crucial is committed to continuing our successful alliance with an industry leader like Compaq." Crucial Technology memory is now shipping in Compaq Presario 5300 Internet PCs. For more details, customers can contact Compaq's Web site at http://www.compaq.com/ or visit Crucial's Web site at http://www.crucial.com/. Company Background Compaq Computer Corporation, a Fortune Global 100 company, is the second largest computer company in the world and the largest global supplier of computer systems. Compaq develops and markets hardware, software, solutions, and services, including industry-leading enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. solutions, fault-tolerant business-critical solutions, enterprise and network storage solutions, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products are available at http://www.compaq.com, or by calling 1-800-OK-COMPAQ. Product information and reseller locations are available by calling 1-800-345-1518. About Crucial Technology Crucial Technology is a division of Micron Semiconductor Products, Inc., which is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Micron Technology, Inc. Crucial Technology sells memory upgrade modules factory direct from Micron Technology, Inc. and offers over 30,000 upgrades for more than 6,500 desktops, notebooks, servers and printers. Compaq and Presario, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. (a) Megahertz-equivalent performance level. Based upon industry standard benchmark comparisons to the Pentium II processor when tested in equivalently configured computer systems. (b) Offer valid until June 1, 2000. |
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