First Mobile Phones to Use miniSD Cards to Store Digital Pictures, Video, Music and Internet Messaging Files
TOKYO, Japan, April 8, 2003 - SanDisk Corporation (NASDAQ: SNDK) today announced that it will supply miniSD cards for the first mobile phones that include a miniSD slot. NTT DoCoMo, Japans leading mobile communication company with more than 45 million subscribers, has debuted this week the NTT DoCoMo i-mode cellular phone 505i series that feature a miniSD slot. Certain 505i mobile phones will be bundled with a 16 megabyte (MB) miniSD card supplied by SanDisk.
MiniSD cards are designed to provide high capacity storage in an ultra-small, removable card. As the worlds smallest flashstorage card, the miniSD card is uniquely qualified to meet the memory-intensive storage requirements of new generation mobile phones such as the NTT DoCoMo 505i series that include high performance digital cameras, video capture, MP3 playback, video games, personal information management (PIM), and email.
The miniSD card is specifically designed for the new generation of 2.5G and 3G mobile phones that require removable storage in the smallest possible form factor. Based on the SD card, the miniSD card will work in all devices that support an SD slot via an SD adapter that is included with each miniSD card sold at retail. This allows consumers to easily share their images, music and other data between their 505i mobile phones and the more than 900 SD devices including digital cameras, PDAs and computers that are already in the market.
At retail, SanDisk will initially offer miniSD cards in 32 and 64MB capacities, with 128MB available later this year and 256MB available early next year. The miniSD cards will use SanDisks NAND flash and SD controller technology. Suggested retail pricing for the 32MB miniSD card is approximately ¥2800. Prices on higher capacities have not been set.
SanDisk Corporation, the worlds 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, Calif.
This news release contains certain forward-looking statements including our expectations for shipments and overall demand for the MiniSD card that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Risks that may cause these forward-looking statements to be inaccurate include among others: customer acceptance of the MiniSD card and the timely introduction and acceptance of new consumer products that incorporate MiniSD card, such as the 505i series cellular telephone, delays in production and the other risks detailed from time to time in our Securities and Exchange Commission filings and reports, including, but not limited to, our Annual Report on Form 10-K for the year ended December 29, 2002. Future results may differ materially from the projections contained in this release. We assume no obligation to update the information contained in this release.