Corporate Profile for Maxoptix Corporation, dated Dec. 18, 1998.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Dec. 18, 1998
Company Name: Maxoptix Corporation
Address: 3342 Gateway Blvd.
Fremont, CA 94538
Main Telephone
Number: 510/353-9700
Internet Home
Page Address
(URL): www.maxoptix.com
Chief Executive
Officer: Gary Potts
Chief Financial
Officer: Dave Gutierrez
Public Relations
Contact: Beyond Words Ltd./Tracy Laidlaw
Business number: 602/569-0222
Industry: Storage/Hardware manufacturer
-0- Company description: Maxoptix Corporation is based in Fremont, Calif. and was established in 1986 under a research program with Maxtor Corporation. The company was then incorporated in 1989, as a separate, joint venture owned by Maxtor and Kubota Corporation, Japan, with Kubota assuming sole ownership of the company in 1995. A management buyout Management buyout (MBO) Leveraged buyout whereby the acquiring group is led by the firm's management. management buyout See going private. followed in 1997 with manufacturing coming to 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. to join engineering and sales and marketing. As a leading supplier of high-performance 5.25 inch Magneto magneto: see generator. magneto Permanent-magnet alternating generator used mainly to produce electrical current for the ignition system in various types of internal-combustion engines, such as aircraft, marine, tractor, and motorcycle engines. Optical drives, jukeboxes and media, Maxoptix supplies the industry with reliable, economical optical storage solutions. In addition, Maxoptix is committed to supporting industry standards for media interchange and interface compatibility. Maxoptix provides the most extensive backward and forward Adv. 1. backward and forward - moving from one place to another and back again; "he traveled back and forth between Los Angeles and New York"; "the treetops whipped to and fro in a frightening manner"; "the old man just sat on the porch and rocked back and forth all capability for MO cartridges written on ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. standard drives. 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. the latest Freeman Reports A series of technical reports on data storage devices originally developed by Freeman Associates, Inc., Santa Barbara, CA (www.freemaninc.com). For more than two decades, they provided exhaustive detail about the disk and tape industry, including up-to-date data on technology, capacities, , Maxoptix is currently positioned second in the industry with a 15% share of the market. Maxoptix is dedicated to continue its strong growth and stay at the forefront of the industry. In the past year, Maxoptix introduced more new products than in the previous five years. Hand in hand with this is a strong emphasis on time to market, value pricing and accelerated product development cycles. |
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