Fotimpor Signed Up As Key Distributor In Europe's Westernmost Country
PORTO, PORTUGAL, Sep. 10, 2003 - SanDisk Corporation (NASDAQ: SNDK) announced today it has broadened its retail sales into the Republic of Portugal and named Fotimpor as a distributor. Fotimpor distributes photographic equipment and supplies and carries SanDisk's complete line of flash memory cards and accessories. It has significantly increased its sales of SanDisk products within the Portuguese market, including the Azores and Madeira Islands, due to the growing popularity of mobile phones, digital cameras, hand held computers, digital video cameras, MP3 players, key chain USB flash drives and other mobile devices that use removable storage.
"We are very happy to add a widely recognized brand like SanDisk to our fine line of products," said Joäo Ferreira de Matos, president and founder of Fotimpor. "With the full range of SanDisk memory cards we will be in position to better serve our customers, allowing them to have a single source for all their needs."
Fred DesCombe, SanDisk's European sales manager, said, "Fotimpor has been a top distributor by representing A-class brands. The company has a proven track record of success and we are very proud to have this mutually beneficial and fruitful relationship with Fotimpor."
SanDisk offers a complete line of flash memory cards that includes CompactFlash®, Memory Stick®, MultiMediaCards, SD Cards and SmartMedia™. The company also offers a full range of USB 2.0 card readers, adapters and Cruzer Mini, a thumbnail-type personal storage device. In addition, SanDisk will soon announce a new version of its Ultra CompactFlash cards that are specifically designed for high performance digital cameras.
Since its founding 26 years ago, Fotimpor has been a leading distributor of photographic equipment and supplies. The company has built a strong reputation in the field of photography, digital imaging, electronics, audio and video equipment. The company is headquartered in Porto with additional offices in Lisbon.
SanDisk Corporation, the world's largest supplier of flash 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, 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 companies assume no obligation to update the information in this release.
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