Imation Showcases Expanded Optical Storage Line At PCExpo 2001; New Storage Media, Drives and Accessories Offer High-Quality Performance and Value.Business Editors & Technology Writers NEW YORK--(BUSINESS WIRE)--June 26, 2001 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 ), a worldwide leader in data storage and information management, today announced that it will showcase its expanded optical product portfolio to include new storage media, drives and accessories at PCExpo in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , June 26-28, 2001, in Booth No. 3322. "The demand for storage of personal entertainment data is growing, and today's consumers tell us they need options that deliver not only capacity and speed, but portability and universality," said Steve Carter Steve Carter may be:
Imation Expands Storage Media Offerings The advanced technology of Imation DataPlay digital media - an affordable, miniature optical storage media the size of a quarter - will be on display in Imation's booth. Imation DataPlay digital media enables users to download and record 500MB of digital content, such as music, books, games or computer files, on a single disc and play it back on any DataPlay-enabled device, including digital music players, e-books, portable games or digital cameras. A single Imation DataPlay digital media disc stores a staggering amount of information, whether it's hours of music, hundreds of photographs or volumes of written information, all with an estimated archival life of 100 years. Among its storage media offerings on the show floor, Imation will display its new Imation 24X CD-R (CD-Recordable) A writable CD technology using a type of compact disc that can be recorded, but not erased (CD-Rs are "write once" discs). CD-R discs are used to master CD-ROMs, to back up data and to make copies of data for distribution. media - a recordable CD designed for the next wave of high-speed CD-R and 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. drives. Available in silver, black and five neon colors - including wild blueberry blueberry, plant of the large genus Vaccinium, widely distributed shrubs (occasionally small trees) of the family Ericaceae (heath family), usually found on acid soil. They are often confused with the related huckleberry. , lemon yellow, cherry vanilla Cherry Vanilla (born Kathy Dorritie) is an actress, author, publicist, singer-songwriter and early 1970's Glam rock star. She has worked as David Bowie’s publicist and previously also performed in Andy Warhol's stage show “Pork“. , kiwi green and crazy grape, the write-once discs offer an increased storage capacity of 700MB of data or up to 80 minutes for audio files. Imation also will feature its recently released Imation 4-10X High-Speed Neon CD-RW media - a high-speed, rewritable CD, also available in five neon colors, featuring 650MB of data memory, an increased recording speed of 10X and totally noise-free playback. Imation 4-10X High Speed CD-RW media are only compatible for recording with the latest CD-RW drives which feature the High-Speed Logo. The media can be used for playback by existing multiread drives such as 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). , 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. and rewritable 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. . Imation Offers Unique Portable Storage Accessories Imation's new line of optical accessories also will be on display, providing convenient home or office storage and portability of data. Among these offerings, Imation will showcase its Pop-Out Neon Storage Cases which features a unique pop-out mechanism that allows users to easily push an ejector ejector (ijekt  r),n by common usage, a device used to remove debris and fluids by negative pressure. Another term is aspirator. See also aspirator. button at the top of the case for quick access to CDs. Available in five cool neon colors -- including wild blueberry, lemon yellow, cherry vanilla, kiwi green and crazy grape - the Imation Pop-Out storage cases gives users a portable, easy- access way to store their CDs. The new Imation CD Label-N-GO!(TM) is an all-in-one label kit that provides everything needed to satisfy creative urges. Each kit includes 50 premium-quality label sheets, an easy-to-use label applicator ap·pli·ca·tor n. An instrument for applying something, such as a medication. applicator, n a device for applying medication; usually a slender rod of glass or wood, used with a pledget of cotton on the end. and a permanent marker A permanent marker is a type of marker pen that is used to create permanent writing on an object. Generally the liquid is water resistant, contains the toxic chemical xylene or toluene, and is capable of writing on a variety of surfaces from paper to metal to stone. . Ideal for home or on the go, its sleek carrying case allows quick access to creativity anytime and anywhere. Plus, the CD Label-N-GO! features easy-to-use software with more than 500 trendy designs, with the ability to custom design fonts and paints! Imation Optical Drives Gain Speed and Portability Imation's line of high performance CD-RW drives also will be on display, including the Imation 16x10x32 CD Burn-R and 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. 4x4x6 External CD Burn-R. These drives can be installed to the PC via IDE/ATAPI interface or USB port, and implement Burn Proof Technology(TM) -- a technology which prevents Buffer Under Run Error and allows users to multitask while recording a CD. Additionally, the drive kits are bundled with the popular Adaptec software suite including Adaptec Direct CD and Easy CD Creator Adaptec Easy CD Creator is a CD authoring program bundled with many early CD writers. It was part of a suite often just known as Adaptec Easy CD Creator, which consisted of:
Designed for ultimate performance and speed, the Imation CD Burn-R 16x10x32 features the fastest write (16X) and rewrite (10X) speeds available - allowing users to record 80-minute CDs in less than five minutes. The 32X read performance provides the same high-performance capability of CD-ROM drives. This drive kit is ideal for creating custom music or multimedia CDs, storing photos, digital images or Internet downloads, and backing up system applications. About Imation Corp. Imation Corp. is a $1.2 billion global company widely recognized as a leader in removable data storage and color image management. Imation removable data storage offerings are a key ingredient in much of the world's technology infrastructure - from corporate data centers, to networks, to small businesses and home users. The product line is one of the broadest in the industry, with magnetic and optical products for the enterprise data center, the network environment, and the consumer. For business users, Imation magnetic tape cartridges deliver reliable data storage in data processing, backup and archive applications. Imation's storage consulting services help customers to improve performance, maximize efficiency, and minimize cost for a multitude of storage environments. Consumers use Imation's broad range of digital media, drives and accessories to store photos, data, music and more. On its own and through industry alliances, Imation continues to pioneer today's proven tape, optical and diskette The official name for the floppy disk. See floppy disk. diskette - floppy disk technologies. Data storage revenues were $866 million in 2000. Imation Color Technologies provides innovative proofing products, software for digital color control and value-added services that reduce cycle times and increase throughput for the graphic arts, creative, marketing communications, office and Internet markets. Building upon its industry-standard Matchprint proofing system, Imation now offers a wide range of digital and conventional Matchprint-branded systems to help professionals ensure accurate color reproduction from concept to final output. Imation works with a growing number of industry partners to embed its color calibration technology in OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and printing and copying devices. Color Technologies revenues were $273 million in 2000. Imation Digital Solutions and Services (DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S ) is focused in two areas - OEM Services and Document Imaging. Imation DSS services wide-format color and imaging equipment through relationships with large OEMs. In Document Imaging, Imation DSS is a system integrator for customers with wide-format engineering document imaging systems who are migrating from analog to digital systems. DSS revenues were $94 million in 2000. As of March 31, 2001, Imation employed approximately 4,200 people worldwide. The Company has sales in over 60 countries with international revenues contributing 45% of total sales. Additional information about Imation is available on the Company's website at http://www.imation.com, or by calling Imation at 1.888.466.3456. To receive recent news releases, corporate information and related shareholder services, call Imation's shareholder information line at 1.888.IMN.NYSE (1.888.466.6973). Certain information contained in this news release which does not relate to historical financial information may be deemed to constitute forward-looking statements 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 the Company's ability to meet its cost reduction and revenue growth targets, its ability to implement its restructuring program on a timely basis and to achieve the projected benefits, its ability to introduce new offerings in a timely manner, the competitive pricing environment, foreign currency fluctuations, the ability of Imation to secure adequate supply of certain high demand products, the ready availability and price of energy, the market acceptance of newly introduced product and service offerings, the rate of decline for certain existing products as well as various factors set forth in the Company's filings with the Securities and Exchange Commission. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion