SUNNYVALE, CA, May 24, 2000 -- SanDisk Corporation (NASDAQ:SNDK), today announced a new mass consumer application for its industry-leading CompactFlash™ (CF™) memory card - digital picture frames. The first internet-connected picture frame to utilize the CompactFlash card, the StoryBox™ Smart Picture Frame, has been introduced by Weave Innovations.
The removable CompactFlash card, invented by SanDisk, will store images that can either be viewed one at a time or as a slide show, changing as often as the viewer dictates. The StoryBox Smart Picture Frame has the capability, due to an embedded controller, for the owner to remove the CompactFlash card from their digital camera, insert it into the frame and retrieve, transfer, print or share the images without the assistance of a personal computer.
StoryBox frames connect to the StoryBox Network through a normal telephone line. By using the frame and storing images on a CF card, users are able to send their pictures via the StoryBox Network to other StoryBox Smart Picture Frames as well as e-mail and photo sharing websites. Once connected, the StoryBox Network updates consumers' StoryBox Smart Picture Frames with personalized content from E!Online, MSNBC.com, SportsLine.com, Traffic Station and The Weather Channel.
Craig Rotbert, a SanDisk product manager, said, "The StoryBox Smart Picture Frame is an exciting product and gives the CompactFlash standard another unique product win. More than 260 other products have already been introduced with CompactFlash card slots including digital cameras, handheld computers, MP3 Internet players, printers, vehicle navigation systems, pay phones and medical monitors. We expect that over time, these digital picture frames will become very popular and will accelerate the sale of SanDisk CompactFlash cards."
"The CompactFlash design provides the StoryBox Smart Picture Frame with two key competitive advantages," said Mark Hoffman, senior director of marketing and customer service, Weave Innovations, Inc. "By incorporating CompactFlash in the StoryBox design, digital camera owners can take their CompactFlash cards right out of the camera and put it into the StoryBox to instantly view and share pictures with friends and family. Also, because of the design decision, our product is the only internet enabled picture frame that can send and print digital pictures without the aid of a PC."
Kodak branded StoryBox Smart Picture Frames will be available at retail this summer with a suggested retail price of $299.
Founded in 1998, Weave Innovation is focused on creating new categories of interpersonal communication products powered by innovative technologies that are transparently woven into people's lives. The Weave Innovations management team consists of experienced executives and engineers from storied Silicon Valley-based companies, such as Intel Corporation, Silicon Graphics Inc., and Sun Microsystems. Investors include Maveron LLC, Eastman Kodak Company, Pacific Century CyberWorks, The Phoenix Partners, Peterson Ventures and Ridge Ventures.
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.
Weave Innovations's web site/home page address: www.weaveinnovations.com or www.storybox.com