SUNNYVALE, CA., May 30, 2000 -- SanDisk Corporation (NASDAQ: SNDK) announced today that it will supply THOMSON multimedia (NYSE: TMS) with flash memory MultiMediaCards for new line of THOMSON digital camcorders. The removable stamp-size card will be used to capture and store still digital images, which can later be transferred to a PC or printer.
Each digital camcorder will be sold with a 16 megabyte (MB) SanDisk MultiMediaCard to be used primarily for editing and archiving digital images. The camcorder also serves as a digital still camera, as users will be able to capture still pictures by pausing the moving feed.
"By incorporating the SanDisk MultiMediaCard into its digital camcorders, THOMSON multimedia is demonstrating the versatility of the card," said David Guidry, SanDisk product manager. "The SanDisk MultiMediaCard is evolving into a universal solution for video, imaging and sound mediums."
Gregory Bourdet, manager CCR & New Product, THOMSON multimedia Europe, said, "The SanDisk MultiMediaCard allows the camcorders to function as both a video camera and a digital still camera. By incorporating the MultiMediaCard, the user can easily transfer digital images onto his or her desktop computer. They can also make an archive of the footage on the card to be kept and viewed for the life of the card."
The new THOMSON camcorder kits contain all elements of video production. The kits include: SanDisk MultiMediaCard, SanDisk ImageMate™ card reader, miniDV tape, and editing software and hardware.
The three new camcorders - THOMSON VMD9, VMD10 and VMD20 -- are currently available at retail outlets in Europe. The camcorders range in price from 1,980 to 2,437 Euros.
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.
With 55,000 employees in over 30 countries, THOMSON multimedia is the fourth largest global supplier of consumer electronics products. The group has four main activities: displays and components, consumer products, new media and services, and patents and licensing. Within its activities, THOMSON multimedia develops, manufactures and sells television displays and components, consumer products such as televisions, VCRs, camcorders, audio and communications products, digital decoders, DVD players and professional video equipment.
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.
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