I/OMagic Corporation to Present at the Roth Capital Partners 16th Annual Growth Stock Conference.Business Editors Roth Capital Partners Roth Capital Partners, LLC, is a full service Investment Banking firm, specializing in the small and micro cap markets. Roth’s focus, according to its official website, "has been, is, and will continue to be providing the full spectrum of investment banking services, 16th Annual Growth Stock Conference IRVINE, Calif.--(BUSINESS WIRE)--Feb. 13, 2004 North American Digital Storage Leader Expected to Report Explosive Growth for Q4 2003 I/OMagic Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IOMG), a leading developer and marketer of digital storage solutions and digital entertainment devices, will be presenting on Thursday, February 19, 2004, at 11:30 AM PST PST Paroxysmal supraventricular tachycardia, see there , at the Roth Capital Partners 16th Annual Growth Stock Conference taking place at the St. Regis Monarch Beach Resort and Spa in Dana Point, CA. The presentation will be available live via web cast at http://www.vcall.com/cepage.asp?id=85818 or by visiting the Investor Center on I/OMagic's web site at www.iomagic.com. I/OMagic offers a full line of digital storage solutions and digital entertainment devices that meet a consumer's growing need for multi-format, compatible devices that store digital data, music, photos and video. Explosive growth in its optical storage business has positioned I/OMagic as the North American retail market leader in the sale of CD-RW (CD-ReWritable) The only rewritable CD technology. CD-RW disks look like other CD media, but with close inspection, they have a more polished surface with a very dark blue-gray cast. recordable drives for both 2002 and 2003, per NPD Intelect. IOMG captured the number four market share position in 2003 for DVD Recordables, trailing behind Sony, TDK, and Hewlett Packard, respectively, despite having only jumped into the DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. Dual Format arena in July 2003. I/OMagic recently updated its fourth quarter 2003 outlook and estimates that revenues will rise to in excess of $18 million, up more than 30 percent over the third quarter 2003. The Company also anticipates maintaining sequential profitability for the fourth quarter 2003. About Roth Capital Partners, LLC With corporate headquarters in Newport Beach, California Newport Harbor redirects here. For the MTV reality series, see . Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana. and offices in strategic locations in the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century , Roth Capital Partners, LLC is a full service investment bank serving corporate, and institutional clients throughout the world. Offering a wide array of investment banking services including: initial public offerings, follow-ons, PIPEs, private placements, mergers and acquisitions, investment research, and institutional sales and trading, the firm is perhaps best known for finding, funding and fostering the growth of emerging companies. Visit the Roth Capital Partners website at www.rothcp.com. About I/OMagic I/OMagic develops and markets digital storage solutions (CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). , CD-RW drives & media, DVD-ROM DVD-ROM: see digital versatile disc. A read-only DVD disc used to permanently store data files. DVD-ROM discs are widely used to distribute large software applications that exceed the capacity of a CD-ROM disc. , DVD+/-RW / +/-R drives, MediaStation & DataStation solutions & the Digital Photo Library) and digital entertainment devices (MP3 players). The Company sells its many products, under three brand names -- I/OMagic, Hi-Val & Digital Research Technologies -- through nationally and internationally recognized retail outlets, such as Best Buy, Circuit City, CompUSA, OfficeMax, Office Depot, Radio Shack, Staples and Target stores. For more information, visit the I/OMagic Web site at www.iomagic.com. Forward-looking statements in this release with respect to anticipated demand for new products, the transition in optical storage technologies, anticipated market reception to DVD-RW (DVD-Read Write) A rewritable (re-recordable) DVD disc for both movies and data from the DVD Forum. Also called "DVD Dash RW" and "DVD Minus RW," DVD-RW uses phase change recording. The media hold 4.7GB per side and can be rewritten 1,000 times. products, associated unit prices and margins, and the Company's future financial performance are made pursuant to the safe harbor provisions of the Private Securities 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. Act of 1995. Final results are subject to changes pending the completion of the Company's independent audit for 2003. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, but not limited to, dependence on the PC and consumer electronics industries and on product lines based on new technologies; the Company's ability to develop new products based on new or evolving technology and the market's acceptance of those products; foundry capacity, availability and reliability; competition and pricing pressures in the technology industry; general economic and business conditions; and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances occurring after the date hereof. |
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