SmartDisk's FlashPath Technology Incorporated in Sony's Memory Stick Floppy Disk Adaptor.
Business Editors/High Tech Writers
NAPLES, Fla.--(BUSINESS WIRE)--Feb. 3, 2000
SmartDisk Corporation (Nasdaq: SMDK), a company whose products simplify the digital lifestyle, today announced that the Memory Stick(TM) floppy disk adaptor is now available throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. at consumer electronics and photo retailers from Sony Electronics Sony Electronics Inc., headquartered in San Diego, Calif., is the largest component of Sony Corporation of America, the U.S. holding company for Sony's U.S.-based electronics and entertainment businesses. Inc.
&uot;We're pleased that the Memory Stick floppy disk adaptor is now being sold to customers at stores across the country,&uot; said Quresh Sachee, vice president of marketing for SmartDisk. &uot;We've already witnessed consumer enthusiasm for our FlashPath technology, which has sold in excess of one million units in little more than a year. We believe that users of Memory Stick-based digital appliances will also find the floppy disk adaptor design to be a simple interface among PCs and other digital applications such as digital cameras.&uot;
SmartDisk's floppy disk adaptor technology permits the easy transfer of data, images and audio to and from flash memory cards via a PC's 3.5-inch floppy disk drive floppy disk drive - disk drive . The device for Sony, which is called the Memory Stick/Floppy Disk Adaptor, works with all Memory Stick capacities. In addition to retail outlets, it is available directly from Sony.
About SmartDisk Corporation
SmartDisk Corporation's products simplify the transfer of images, music, voice and data among personal computers, the Internet and digital appliances that use flash memory cards and/or smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. . The company's objective is to use its proprietary and patented technologies to capitalize on the growing demand for digital devices and increased usage of the Internet. SmartDisk's investors include Toshiba, Hitachi, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).
NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , SanDisk, SCM (1) (Software Configuration Management, Source Code Management) See configuration management.
(2) See supply chain management. Microsystems and others. For more information, go to www.smartdisk.com.
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor Safe Harbor
1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.
2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions 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. Although SmartDisk Corporation believes the expectations contained in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. These statements may involve risks and uncertainties that could cause actual results to differ materially from the expected results. Such risks include, but are not limited to, the risk factors described in SmartDisk's Registration Statement on Form S-1 and in other reports and periodic filings made from time to time with the Securities and Exchange Commission.