Tanisys Recognized by SanDisk Corporation with Outstanding Supplier Award.

AUSTIN, Texas -- Tanisys Technology, Inc. ("Tanisys"), a leading supplier of automated test equipment for a wide variety of semiconductor memory technologies, announced they were recently recognized by SanDisk(R) Corporation with an "Outstanding Supplier" award. SanDisk recognized key suppliers for their commitment and contributions in helping the company achieve its 2003 goals.

"I am very proud of the Tanisys team to have been recognized by SanDisk as an Outstanding Supplier," said John Bennett, Tanisys President and CEO. "The Tanisys team has worked long and hard to provide SanDisk and our other customers with the best products, service and support throughout 2003. We are committed to continued improvement in both our products and support in 2004, striving toward our goal of being the recognized leader in providing customer satisfaction. Being recognized by the industry leaders in both the Flash and DRAM markets we service has been a significant accomplishment for Tanisys. Our team's ability to provide effective test solutions along with ongoing service and support has helped Tanisys to maintain our market leadership."

Gene Rosenthal, Senior Director of Product and Test Engineering for SanDisk Corporation, stated, "In 2003, SanDisk set records for new product introductions, greatly increased shipments, and achieved a goal to ship more than $1 Billion in revenue. We recognize that outstanding support from key suppliers like Tanisys was an important contributor to these achievements."

Tanisys Technology, Inc. is an industry-leading provider of automated test equipment for a wide variety of memory technologies including SDRAM, DDR, RDRAM(R) and Flash. Tanisys products include the Model 500, 600 and 800. Spirox Corporation is a majority investor in Tanisys Technology. For more information, visit Tanisys Technology's Web site at http://www.tanisys.com.

SanDisk, the world's largest supplier of flash memory data storage card 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, Calif. For more information, visit SanDisk's Web site at http://www.sandisk.com.

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Company's products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

RDRAM is a registered trademark of Rambus Inc.