Imation Showcases Full Line of Storage Solutions At Macworld Expo 2001; Digital Drives, Devices, Media and Accessories Support Unique Needs of Macintosh Users.Business Editors & Technology Writers NEW YORK--(BUSINESS WIRE)--July 18, 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, will feature its complete portfolio of personal storage solutions offerings in Booth #1601 during Macworld Expo at the Jacob Javitz Convention Center 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 , July 18-20, 2001. The show highlights Imation's expanding product portfolio of personal storage solutions offering - including digital devices, drives, media and accessories. "Macintosh users, such as digital video and design professionals, typically generate a large amount of information and require unique storage solutions to manage their information," said Steve Carter Steve Carter may be:
Imation Expands Personal Storage Portfolio of Optical Offerings Among its storage media offerings at the show, Imation will preview Imation DataPlay digital media - the affordable, miniature optical media the size of a quarter. Imation DataPlay digital media is designed to let users download and record 500MB of digital content - music, books, games, computer files - on a single disc and play it back on any DataPlay-enabled device, such as digital music players, e-books, portable games or digital cameras. A single disc is capable of holding 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. Availability is slated for Q4 2001. Imation will highlight 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. The write-once discs, available in silver, black and five neon colors, offer an increased storage capacity of 700MB of data or up to 80 minutes for audio files. Also featured will be its recently released Imation 4-10X High-Speed Neon CD-RW media - a high-speed, rewritable CD, 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 compatible for recording on 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. . New Portable Products Ideal for Digital Music and Photography Enthusiasts Imation's new line of digital devices will also be on display, including the Imation RipGO! (TM), FlashGO! (TM) and DiscGO! (TM) devices. The new devices are designed to support the latest offerings in smaller form factor digital media and support digital music and photography applications. The Imation RipGO! is the smallest form factor available today for recording MP3 music on CDs and for high-performance playback of CD, Digital Audio MP3 and Microsoft's WMA (Windows Media Audio) An audio compression method from Microsoft. Known originally as MSAudio, this proprietary format competes with the MP3 and AAC methods. WMA encodes rapidly and is known to be especially effective at low bit rates. . Its sleek, battery-powered 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. CD-R drive uses mini CD-R (80mm) discs to store and play MP3 music files - allowing users to record three hours of MP3 quality music in less than five minutes. The Imation RipGO! device will be available in September at a manufacturer's suggested retail price of $399.99 (actual pricing may vary). In addition, Imation will preview the Imation FlashGO! (TM) device, the world's first USB single-slot flash memory card reader/write that supports all five flash memory card formats, including Compact Flash, Smart Media, Multimedia Card, Secure Digital, and Memory Stick, and is also compatible with IBM's Microdrive. This bus-powered device allows multi-device owners to rely on one read/writer for all their memory card digital information download and upload needs. The Imation FlashGO! will be available September 2001 with a manufacturer's suggested retail price of $79.99 (actual pricing may vary). The Imation DiscGO! (TM) is a portable DataPlay device with USB connectivity that provides the exchange of digital content between multiple memory card formats and Imation DataPlay digital media without the use of a PC. The Imation USB DataPlay Recorder/Player(TM) provides stylish connectivity to Macs allowing users to read and write personal content as well as play and view pre-recorded content from DataPlay digital media. Imation DiscGO! and the Imation USB DataPlay Recorder/Player are slated for commercial availability in Q4 2001. Imation Highlights Travan Technology for Graphic Professionals By combining the speed of FireWire with the vast storage capacity of Travan(TM) technology, the Travan FireWire 20GB Tape Drive for the Mac or PC delivers a world-class solution for backing up digital video, graphics and other storage-intensive applications. Designed for digital video and graphic art professionals, the Travan FireWire 20GB Tape drive is ideal for backing up "in-process" files as well as archiving completed projects. Additionally, the 20GB compressed capacity provides the perfect solution for backing up high capacity hard drives without the user intervention required with lower capacity removable media In computer storage, removable media refers to storage media which can be removed from its reader device, conferring portability on the data it carries. A removable drive is a reader device for such media. products. Bundled with Dantz Retrospect Desktop software version 5.5, the Travan FireWire 20GB Tape Drive is now compatible with FireWire-enabled Macintosh Computers, including G3, PowerBook, iBook, and iMac DV computers as well as 1394/iLink-enabled PCs running Windows 98SE, 2000 or ME. Imation Optical Drives Gain Speed and Portability Imation will also demonstrate its expanding line of high performance CD-RW drives, including the Imation USB 4x4x6 External CD Burn-R kit. This drive kit can be installed to the Mac via a USB port A USB socket on a computer or peripheral device into which a USB cable is plugged. See USB. or an IDE/ATAPI interface, and implements Burn Proof Technology(TM) -- a technology which prevents Buffer Under Run Error and allows users to multitask while recording a CD. Additionally, the drive kit is 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:
Imation Offers Unique Portable Storage Accessories Imation's new line of optical accessories will also be on display, providing convenient storage and portability of CDs. The Imation Pop-Out Neon Storage Cases are available in five cool neon colors and feature 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. The Imation CD Label-N-GO! (TM) is an all-in-one label kit that includes design software featuring more than 500 trendy designs, 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 and creativity anytime and anywhere. Additional accessories for the CD labeling include the Imation CD label Refill Kits that include 25 and 50-pack premium quality inkjet labels, and the Imation CD Label Markers to further custom design CDs in a wide variety of colors. About Imation Corp. Imation Corp. is a $1.2 billion global company widely recognized as a leader in removable data storage and color image A (digital) color image is a digital image that includes color information for each pixel. For visually acceptable results, it is necessary (and almost sufficient) to provide three samples (color channels 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 data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a , 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 graphic arts: see aquatint; drawing; drypoint; engraving; etching; illustration; linoleum block printing; lithography; mezzotint; niello; pastel; poster; silk-screen printing; silhouette; silverpoint; sketch; stencil; woodcut and wood engraving. , creative, marketing communications Marketing communications (or marcom) are messages and related media used to communicate with a market. Those who practice advertising, branding, direct marketing, graphic design, marketing, packaging, promotion, publicity, sponsorship, public relations, sales, sales , 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 The matching of colors to a base color, such as a Pantone color, or from one device to another. Color calibration is widely used in print publishing in order to display on screen an accurate representation of the colors that will be printed on paper. 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. Imation, the Imation logo, RipGO!, DiscGO!, FlashGO!, CD Label-N-GO!, and Travan are trademarks of Imation Corp. All other trademarks are the property of their respective owners. |
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