Egghead Software Begins Selling SyQuest's New EZ135 Removable Cartridge Hard Drive; "Having Egghead Software as a Reseller Represents a Major Advance in Our Strategy of Providing Broad SOHO and Consumer-oriented Market Presence for SyQuest Removable Cartridge Hard Drive Products," said CEO Syed Iftikar.FREMONT, Calif.--(BUSINESS WIRE)--Aug. 28, 1995--SyQuest Technology (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SYQT SYQT System Qualification Testing ) world leader in removable cartridge storage technology, has reached an agreement with Egghead Software Inc. to sell SyQuest's line of EZ135 Winchester-based removable cartridge hard drives. SyQuest's drives are now available through Egghead Software. SyQuest manufactures products ranging from its EZ135 Drive, the first in a family of drives aimed at the consumer and SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. markets, to the SQ3270 and SQ5200 professional series, widely recognized as the "industry standard" by such heavy storage-using markets as publishing, graphics and the pre-press industry. Egghead's Buyer, Marc Fournier said, "SyQuest is at the forefront of the dramatically growing market for easy-to-use removable disk storage. Its proven Winchester technology and widespread reputation for quality appeal to Egghead's customer base." SyQuest, which pioneered the $500+ million removable storage market and is the de facto standard Hardware or software that is widely used, but not endorsed by a standards organization. Contrast with de jure standard. de facto standard - A widespread consensus on a particular product or protocol which has not been ratified by any official standards body, such as ISO, in desktop publishing and electronic pre-press, has more than two million drives and nine million cartridges installed in the professional and commercial markets. Egghead Software is a leading reseller of personal computer related products in North America, servicing business, government agencies, educational institutions, and consumers through its direct sales force, its company-operated chain of 164 retail stores, and its 1-800-EGGHEAD mail-order operation. SyQuest Technology is the world standard in removable cartridge Winchester Disk drives. Founded in 1982, the company is headquartered in Fremont, California and maintains manufacturing facilities in Fremont, Penang (Malaysia) and Singapore with additional facilities in Colorado and Europe. The company offers removable Winchester technology solutions for Apple, MS-DOS MS-DOS in full Microsoft Disk Operating System Operating system for personal computers. MS-DOS was based on DOS, developed in 1980 by Seattle Computer Products. Microsoft Corp. bought the rights to DOS in 1981, and released MS-DOS with IBM's PC that year. , Amiga A personal computer series introduced in 1985 by Commodore. Amigas gained a reputation early on as advanced graphics and multimedia machines, and NewTek's Video Toaster application brought it to the forefront of economical, high-end video editing. , UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). , SGI and SunOS platforms. SyQuest (SYQT) is publicly traded on NASDAQ's National Market System. -0- Note to Editors: SyQuest, the EZ135 Drive(TM), and the SyQuest logo are trademarks of SyQuest Technology. CONTACT: SyQuest Technology Michelle Mihalick, 510/226-4000 or dd No. 510/226-5358 or Neale-May & Partners Angela Hesse/Karen Campo, 415/328-5555 |
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