PortalPlayer Announces Collaboration With SanDisk Corporation to Enable New Classes of Consumer Electronic Devices for Music Playback.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Dec. 8, 1999-- SanDisk Corporation (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 :SNDK) announced today that PortalPlayer, Inc. will design support for SanDisk's MultiMediaCard and forthcoming storage solutions from SanDisk into its Internet media delivery solution. The solid-state MultiMediaCards will serve as music storage cards in MP3 music players based on the PortalPlayer solution. The announcement, made at the Streaming Media See streaming audio, streaming video and digital media hub. Conference, is further confirmation of the momentum behind the MultiMediaCard and other products from SanDisk as popular removable storage devices for small, portable systems. "Online delivery of music and other MP3-based audio via the internet is exploding," said Nelson Chan, senior vice president of marketing at SanDisk. "Most new MP3 player A digital music player that supports the MP3 format, which was the audio format that started a revolution in online music downloads and distribution. All portable music players, the iPod being the most popular, support MP3 along with one or more other audio formats. models use the MultiMediaCard. PortalPlayer's complete end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. offers its 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 customers a pathway from today's most popular internet music players to more advanced music players in the future. PortalPlayer's complete end-to-end solution provides a very scalable and flexible architecture for OEM's to produce advanced players that permit playback of downloadable digital media. We believe that PortalPlayer's solutions will greatly accelerate the adoption of MultiMediaCards and future storage products in a variety of devices that playback audible A protected MP3 file format from the Audible.com audio download service. See Audible.com. content from the internet." SanDisk's MultiMediaCard is the world's smallest removable flash data storage card. The postage POSTAGE. The money charged by law for carrying letters, packets and documents by mail. By act of congress of March 3, 1851, Minot's Statute at Large, U. S. 587, it is enacted as follows: 2.-Sec. 1. stamp-sized memory card already has been designed into more than 40 recently introduced consumer electronics products in markets such as smart phones, digital video and internet music players. "We were impressed with SanDisk's roadmap for combining advanced new features with higher density storage capabilities, all in a small, robust, and consumer-friendly form factor," said Suresh Bhaskaran, director of marketing at PortalPlayer. "There is a clear need to support both high capacity as well as small form factor for consumer electronic devices. SanDisk offers support for both in the form of the MultiMediaCard and other forthcoming products." PortalPlayer's MP3 end-to-end solution offers OEMs a single board design that can be used in a range of consumer products including portable MP3 players, home and automotive entertainment systems and cellular phones offering each with a full-featured set of MP3 audio capabilities. The solution will enable consumers to benefit from a one-stop online shopping experience that smoothly integrates their internet-connected PC with their portable MP3-enabled device. Content producers and distributors also benefit by gaining access to a growing infrastructure of connected and secure MP3-enabled devices. SanDisk Corporation, the world's largest supplier of flash data storage products, designs, manufactures and markets industry-standard, solid-state data, digital imaging and audio storage products using its patented, high density flash memory and controller technology. SanDisk is based in Sunnyvale, CA. PortalPlayer, Inc., develops and markets to consumer electronics manufacturers complete end-to-end solutions for delivery and management of open and secure digital media with a focus today on MP3 players/recorders. Products include destination web site applications, e-commerce applications, PC media management software, firmware A category of memory chips that hold their content without electrical power. Firmware includes flash, ROM, PROM, EPROM and EEPROM technologies. When holding program instructions, firmware can be thought of as "hard software." See flash memory, ROM, PROM, EPROM, EEPROM and FOTA. and system on a chip solutions. The company's products support internet-based delivery of multimedia content including music and other audio content, print and ultimately video materials to a variety of playback devices including portable MP3 players, home and automotive entertainment systems and cellular phones. Founded in June, 1999, PortalPlayer is headquartered in Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , CA, with branch offices in Seattle, WA and Hyderabad, India. The company has rapidly grown to more than 50 employees worldwide. PortalPlayer received its first round of funding from Chase Capital, Techfund and FlatIron Partners. The matters discussed in this news release contain forward looking statements that are subject to certain risks and uncertainties as described under the caption "Factors That May Affect Future Results" in SanDisk's 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 quarterly reports on Form 10-Q Form 10-Q See 10-Q. , filed with the Securities and Exchange Commission. The company assumes no obligation to update the information in this release. Note to Editors: All trade names are either registered trademarks or trademarks of their respective holders. SanDisk's web site/home page address: http://www.sandisk.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion