Cornice Introduces New 2.0-Gigabyte Storage Element, Advancing Low-Cost Data Storage for Electronics.To download high-resolution, print-ready JPEG JPEG in full Joint Photographic Experts Group Standard computer file format for storing graphic images in a compressed form for general use. JPEG images are compressed using a mathematical algorithm. images, click on the thumbnail image above. WARNING: these images are very large (800K+) Click here for caption Business Editors/High-Tech Writers MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4541861 2004 International CES LONGMONT, Colo.--(BUSINESS WIRE)--Jan. 5, 2004 Storage Innovator Targets Video, Multi-function, and GPS Applications With New Device That Holds 33% More Data Than the Previous Product Generation Cornice cornice (kôr`nĭs), molded or decorated projection that forms the crowning feature at the top of a building wall or other architectural element; specifically, the uppermost of the three principal members of the classic entablature, hence by Inc., an innovator in compact, high-capacity storage, today introduced the 2.0-gigabyte Cornice Storage Element -- a storage device for use in consumer electronics, portable devices, and other applications that demand large amounts of reliable, inexpensive storage in a small space and at the lowest cost. The 2.0-gigabyte Storage Element will allow electronics device manufacturers to build new pocket-able products that store more music, video, and pictures, as well as more office productivity files such as presentations and word processing word processing, use of a computer program or a dedicated hardware and software package to write, edit, format, and print a document. Text is most commonly entered using a keyboard similar to a typewriter's, although handwritten input (see pen-based computer) and documents. With the additional storage relative to the previous generation of the Storage Element, increasingly compelling, cost-competitive video capture and playback devices can be developed that are able to store more than three hours of VHS-quality video. Other applications include continent-inclusive GPS devices, multi-function handheld computers A computing device that can be easily held in one hand while the other hand is used to operate it. The Palm devices are a popular example. See Palm, smartphone and palmtop. , and other emerging product types. By carrying out a fundamental re-evaluation of how portable storage devices should be designed and manufactured, Cornice achieved the industry's lowest cost for high-capacity portable storage. By re-examining the mechanics and electronics of storage devices, Cornice was able to create an inexpensive storage solution that is compact, durable, and optimized for portable electronics. Launched in June 2003, the first generation of Cornice's Storage Element remains a key component in some of the most innovative MP3 players A digital music player that supports the MP3 format, which was the audio format that started a revolution in online music downloads and distribution. All portable music players, the iPod being the most popular, support MP3 along with one or more other audio formats. , video camcorders, and USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. keychain drives See USB drive. introduced that year. Leading consumer electronics infrastructure providers like Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. , PortalPlayer, and SigmaTel announced their continued intent to optimize their offerings for use with Cornice's Storage Element, providing consumer electronics manufacturers an easy way to incorporate the Cornice Storage Element within future products. "With the highly successful introduction of Cornice's Storage Element in June of last year, it was evident that our company and its technology struck a chord within the consumer electronics community -- that reliable, low-cost, high-capacity data storage within very small electronic devices was a near-term, achievable reality," said Kevin Magenis, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cornice. "The debut of this two-gigabyte device demonstrates that we are committed to supplying our customers with increasingly high storage capacities at an extremely competitive price." Meet Cornice At CES Cornice will be showcasing the new 2.0-gigabyte Storage Element at the International Consumer Electronics Show from January 8 - 11, 2004, at the Las Vegas Convention Center The Las Vegas Convention Center is owned and operated by the Las Vegas Convention and Visitors Authority and is located in Clark County, Nevada. It is one of the largest Convention centers in the world. At the end of 2004, the center had 3. (So. 3&4, 21154). Price And Availability The 2.0-gigabyte Storage Element is available in volume quantities now. List price is $70 per unit in quantities of 100,000 per year. Email Cornice's sales staff at sales@corniceco.com or call 303-651-7291. About Cornice Cornice Inc. is an innovator in small, compact, low-cost, high-capacity storage that enables a new generation of pocket-able consumer electronic devices for the world's leading brand-name manufacturers. The Cornice Storage Element (SE) is durable, integrated, personal storage that brings new levels of affordability and content capacity to these devices. Early investors in Cornice include the company's founders, management team, and Texas Instruments. In August 2002, the Company received its first venture investment from CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company Capital Partners, Nokia Venture Partners, and VantagePoint Venture Partners. Privately held, Cornice maintains headquarters in Longmont, Colo. Visit Cornice at http://www.corniceco.com/. MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4541861 |
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