Imation Launches Light, Portable USB Floppy Drive for Macintosh.Business Editors & High Tech Writers OAKDALE, Minn.--(BUSINESS WIRE)--June 20, 2000 Plug-and-Play Drive Designed to Complement Apple iMac, iBook, G3 and G4 Computers Imation Corp. (NYSE NYSE See: New York Stock Exchange : IMN IMN Iraqi Media Network IMN Indicated Mach Number IMN Inter Member Network IMN Infectious Mononucleosis IMN Invisible Moose Network (website) IMN Illegal Macro Name IMN Internet Marketing Newsletter ) today announced availability of the Imation 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. Floppy Drive See floppy disk. floppy drive - disk drive for Macintosh - one of the lightest and smallest drives of its kind, and a stylish, portable companion for Apple Macintosh Apple Macintosh - Macintosh computers. Weighing in at a mere 0.68 pounds and measuring less than six inches long, the Imation USB Floppy Drive for Macintosh is a compact, portable option for adding a floppy drive to Macintosh computers. It provides floppy compatibility for both Mac- and PC-formatted 1.44MB high density diskettes as well as PC-formatted 720KB double density diskettes, enabling use of floppy disks for backup, file transfer, software installation and more. Powered via the USB connection, the Imation USB floppy drive doesn't require an additional, bulky power cord or adapter, making the drive easy to install and hot-swap with other USB peripherals. The Imation USB floppy drive features an ice/blue design to complement Macintosh iMac, iBook, G3 and G4 computers. The drive is now available wherever computer supplies are sold at an estimated street price of $79.99 (actual pricing will vary). "The portable Imation USB Floppy Drive for Macintosh is an easy, affordable choice for Macintosh users who store and swap files on floppies," said Rusty Rosenberger, consumer products business manager for Imation Data Storage and Information Management. "Computer users know they can count on Imation to deliver a full line of reliable solutions to meet their storage needs, no matter how large or small." About Imation Corp. A global technology company, Imation Corp. supplies a variety of products and services worldwide, specializing in data storage and information management, color management and imaging solutions. In 1999, the company reported revenues of $1.4 billion from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the . As of March 31, 2000, the company employed approximately 4,800 people worldwide. Additional information about Imation is available on the Company's Web site at http://www.imation.com or by calling Imation toll-free at 1-888-466-3456. To receive recent earnings news releases, corporate information and related shareholder services, call Imation's toll-free shareholder information line at 1-888-IMN-NYSE (1-888-466-6973). Imation is a trademark of Imation Corp. All other trademarks are the property of their respective owners. Certain information contained in this news release which does not relate to historical financial information may be deemed to constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements are subject to certain risks and uncertainties that could cause the Company's actual results in the future to differ materially from its historical results and those presently anticipated or projected. Among these factors are those set forth in the Company's filings with the Securities and Exchange Commission, including Imation's 1999 Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and subsequent 10-Q filings. |
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