France, Feb. 14, 2005 – SanDisk® Corporation
(NASDAQ: SNDK) today announced that it is doubling the current capacity
of its popular SanDisk miniSD™ card to 1-gigabyte (GB)*. The
miniSD card is used in a growing number of mobile phones with multimedia
capabilities such as digital cameras, music players, video recording
and playback, games and more.
“The 1GB miniSD card provides a level of storage that significantly
enhances the features and usability of these full-featured mobile
phones,” said Nelson Chan, executive vice president and general
manager of SanDisk’s consumer and handset business. “For
example, with a 1GB card you can store approximately 16 hours of
MP3 songs, record up to several hours of MPEG-4 video or take more
than 2000 digital photos on a 1-megapixel mobile phone. With that
level of capability, consolidating music, video, digital camera
and other key features into the mobile phone platform is much more
meaningful and powerful.”
According to IDC, the global market for mobile phones with card
slots is expected to increase to more than 258 million units by
2006, as manufacturers continue to add features to phones that increase
their storage requirements. In addition to increasing available
memory, a removable storage card provides greater interoperability
with other portable consumer electronics devices, an important feature
as mobile phones converge with other portable devices.
The SanDisk miniSD card includes an adapter allowing it to be used
in any of the existing SD card devices. The new 1GB SanDisk miniSD
card is expected to be available at the suggested retail price of
$99.99 in Q2 2005.
| 64MB - 256MB
|| $21.99 – 49.99
This is the latest in a series of new capacity points offered by
SanDisk. Also announced was the 512MB SanDisk TransFlash™,
one of the smallest flash memory storage cards designed primarily
for the mobile phone market.
Offered for sale to OEM customers and through retail markets, SanDisk
cards are sold at many of the 100,000 consumer electronics stores
and other retail outlets where SanDisk products are sold worldwide.
SanDisk is the original inventor of flash storage cards and is
the world’s largest supplier of flash data storage card products,
using its patented, high-density flash memory and controller technology.
SanDisk is headquartered in Sunnyvale, CA and has operations worldwide,
with more than half its sales outside the U.S.
*1 megabyte = 1 million bytes.
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 the company’s annual report on
Form 10-K-A and quarterly reports on Form 10-Q, filed with the
Securities and Exchange Commission. The companies assume no obligation
to update the information in this release.
SanDisk’s images can be downloaded from http://www.sandisk.com/corporate/media.asp
SanDisk’s web site/home page address: http://www.sandisk.com
SanDisk and the SanDisk logo are trademarks of SanDisk Corporation,
registered in the U.S. and other countries. TransFlash is a trademark
of SanDisk. SanDisk is an authorized licensee of the miniSD trademark.
Other brand names mentioned herein are for identification purposes
only and may be trademarks of their respective holder(s).