SUNNYVALE, CA, May 8, 2000 -- SanDisk Corporation (NASDAQ:SNDK) announced today it will supply JUMPtec Industrielle Computertechnik AG, Deggendorf, Germany with flash memory chipsets for its embedded systems. The SanDisk chipsets will be embedded in JUMPtec chipdisks used in POS (point of sale) terminals, banking (ATM) terminals, medical monitors, telecom devices and other products.
JUMPtec, a leading supplier in the embedded computer original equipment manufacturer (OEM) market, will design new products based on SanDisk chipset technology. The JUMPtec chipdisks, which will range in capacity from 8 megabytes (MB) to 160MB, will be distributed worldwide in Integrated Drive Electronic (IDE) compatible mass storage products.
SanDisk's Managing Director of European Sales Heinz Schulte said, "By embedding SanDisk chipsets in JUMPtec's products, we expect JUMPtec will be able to create an entire new line of original products. JUMPtec is one of the premiere suppliers of embedded computer products and SanDisk is a world leader in flash memory. This is a golden opportunity for JUMPtec to develop advanced products."
"We are excited to have the opportunity to develop devices that contain SanDisk chipsets," said Hans Mulbauer, CEO of JUMPtec. "The flash memory chips will be embedded into devices that consumers use everyday. These devices, such as ATMs and medical equipment, are undergoing next generation upgrading to become faster and more efficient." JUMPtec develops and markets miniaturized computer boards.
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.
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 and quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission. The company assumes no obligation to update the information in this release.