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SanDisk Debuts 256 GB CompactFlash Card with 160 MB/s Transfer Speed

SanDisk Corporation, a global leader in flash memory storage solutions, today announced the availability of the 256 GB SanDisk Extreme Pro CompactFlash memory card, the world's first high-capacity, high-performance CompactFlash card with the latest Video Performance Guarantee (VPG-65) specification. Also being announced by SanDisk today are faster speeds across all other capacities of the SanDisk Extreme Pro CompactFlash line of memory cards.

"SanDisk has been at the forefront with storage solutions that enable the broader adoption of new video capture technologies. We always design our SanDisk Extreme Pro cards with professional photographers and videographers in mind," said Susan Park, director, mobile and imaging worldwide retail product marketing, SanDisk. "Cinema-quality 4K video capture demands tremendous performance and capacity, which is exactly what we have delivered with the new 256 GB SanDisk Extreme Pro CompactFlash card."

SanDisk Celebrates Company's 25th Anniversary

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory storage solutions, today commemorates its silver anniversary by ringing The NASDAQ Stock Market Opening Bell. The event is the latest in a series of 2013 activities that mark the transformative impact SanDisk's technologies have had on businesses and consumers over the past quarter century. SanDisk's anniversary celebrations also include the company's 5,000-person workforce volunteering in charitable programs throughout the year in all countries in which SanDisk operates.

From launching the world's first solid state drive (SSD) in 1991 to introducing the industry's multi-level cell (MLC) flash technologies using two bits (X2) and three bits (X3) per cell, SanDisk's innovations have driven dramatic transformations across the electronics industry. SanDisk's flash memory innovations have enabled new markets and devices from digital photography to USB drives to smart phones, tablets and thin-and-light notebooks. Today, SanDisk is bringing flash memory to enterprise storage and transforming the data center.

SanDisk Completes Acquisition of SMART Storage Systems

SanDisk Corporation, a global leader in flash memory storage solutions, today announced it has completed its acquisition of SMART Storage Systems, a developer of enterprise solid state drives based on the SATA and SAS storage protocols. With the completion of the acquisition, SMART Storage Systems is being combined with SanDisk's Enterprise Storage Solutions, which will be led by John Scaramuzzo. John has been the President of SMART Storage Systems and is a veteran of the storage industry with more than 25 years of experience at Seagate, Maxtor, Quantum and Digital Equipment Corporation. John assumes the role of senior vice president, enterprise storage solutions, reporting to Sanjay Mehrotra, president and chief executive officer.

"I am delighted to welcome the employees of SMART Storage Systems to SanDisk and to build upon our momentum in the enterprise storage market," said Mehrotra. "This acquisition enables SanDisk to address a large market opportunity in enterprise SATA products, and complements our strong enterprise SAS product portfolio. With this combination, SanDisk will have enterprise SSDs qualified with six of the top seven storage OEMs worldwide."

SanDisk Strengthens SSD Portfolio for Business Customers With Powerful X210 SSD

SanDisk Corporation, a global leader in flash memory storage solutions, today announced the company is enhancing its solid state drive (SSD) line-up for businesses with the addition of the nimble and power-efficient SanDisk X210 SSD. The SATA-based X210 SSD is an ideal solution for IT decision-makers looking to maximize data center performance or enhance the responsiveness of PCs and notebooks. The new SSD is available now through SanDisk's SSD hardware and software sales channel, the SanDisk Commercial Business Channel.

"Since launching SanDisk's commercial SSD channel earlier this year, we have received a tremendous response from businesses that have seen significant advantages from incorporating SanDisk solid-state technology into their data center and workplace PCs and notebooks," said Tarun Loomba, vice president of Storage Solutions marketing at SanDisk. "Leveraging SanDisk's most advanced flash memory technology and smart power-saving capabilities, the X210 SSD is an exceptionally fast and cost-effective storage solution for this growing market, and a great addition to our SanDisk SSD portfolio."

SanDisk Announces Expanded Capital Return Program

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory storage solutions today announced that it has expanded its capital return program with the initiation of a quarterly dividend and the authorization of $2.5 billion of additional stock repurchases. The company will complete part of this stock repurchase through a $1.0 billion Accelerated Share Repurchase ("ASR") agreement, which was entered into today.

The SanDisk Board of Directors has approved the initiation of a quarterly cash dividend of $0.225 per share of common stock, equivalent to an annual yield of approximately 1.6% based on the July 31, 2013 closing price of $55.12. On an annualized basis, this will return approximately $220 million to stockholders based on shares outstanding as of June 30, 2013. The first dividend payment will be made on August 30, 2013 to holders of record on August 12, 2013. Future dividend payments are subject to review and approval by the Board.

SanDisk Announces Second Quarter Results

SanDisk Corporation, a global leader in flash memory storage solutions, today announced results for the second quarter ended June 30, 2013. Second quarter revenue of $1.48 billion increased 43 percent on a year-over-year basis and increased 10 percent sequentially. On a GAAP basis, second quarter net income was $262 million, or $1.06 per diluted share, compared to net income of $13 million, or $0.05 per diluted share, in the second quarter of fiscal 2012 and $166 million, or $0.68 per diluted share, in the first quarter of fiscal 2013.

On a non-GAAP basis, second quarter net income was $299 million, or $1.21 per diluted share, compared to net income of $51 million, or $0.21 per diluted share, in the second quarter of fiscal 2012 and net income of $207 million, or $0.84 per diluted share, in the first quarter of fiscal 2013. For reconciliation of non-GAAP to GAAP results, see accompanying financial tables and footnotes.

SanDisk Announces New Fast, Versatile and Sleek USB Flash Drives

SanDisk Corporation, a global leader in flash memory storage solutions, today announced three USB flash drives, the SanDisk Ultra USB 3.0, Cruzer Orbit and Cruzer Force USB flash drives. Designed with style, speed and reliability in mind, all three drives are ideal for secure storage of documents, music, photos and video files, allowing users to safely and effortlessly carry important information with them wherever they go. "In a data driven world, we recognize the importance of continuously expanding our portfolio of fast, reliable and stylish flash drives," said Philippe Willams, director of product marketing, SanDisk. "We're excited to be offering a suite of new USBs, all of which allow users the extra storage capacity needed for their important files."

SanDisk Introduces World's Fastest 64GB microSDXC Card

SanDisk Corporation, a global leader in flash memory storage solutions, today announced the SanDisk Extreme microSDHC and microSDXC UHS-I memory cards, the ideal companions for users who want fast expanded memory for the newest smartphones, tablets and cameras. "The SanDisk Extreme microSDXC card allows users to do more with their devices," said Susan Park, director, retail product marketing, SanDisk. "Our high-performance and high-capacity microSD cards enable consumers to take advantage of the high-quality HD video and imaging capabilities in the latest 4G smartphones, tablets and action cameras."

The microSDXC card is equipped with the fastest speeds available on the market, with up to 80 MB/sec read and up to 50 MB/sec write speeds, allowing faster shot-to-shot performance, rapid data transfer, fast action photography, continuous burst mode and quick file transfers. Additionally, this memory card is an ideal choice for Android-powered devices with 64 GB of capacity, providing an instant storage upgrade for capturing and keeping data.

SanDisk Announces Construction of Second Phase of Next-Generation Fab 5

SanDisk Corporation, a global leader in flash memory storage solutions, today announced that the construction of the phase two shell of the Fab 5 joint venture wafer fabrication facility located in Yokkaichi, Japan, will begin in August 2013 with expected completion in mid-2014.

SanDisk expects to use phase two of Fab 5 primarily for technology transitions of existing Yokkaichi wafer capacity. The new cleanroom will provide the space needed for additional equipment required for transitioning the wafer capacity in Fab 3, Fab 4 and phase one of Fab 5, to next generation 2D NAND technologies and to early generations of 3D NAND technology. The Fab 5 plans are consistent with the company's strategy outlined during SanDisk's Investor Day May 8 and there are no changes to SanDisk's capital expenditure plans.

SanDisk Enhances FlashSoft Software for Server-Side Solid State Caching

SanDisk Corporation, a global leader in flash memory storage solutions, today announced a significant upgrade to its enterprise software portfolio with a new version of its FlashSoft software for Windows Server and Linux operating systems. FlashSoft 3.2 server-side solid state caching software complements and enhances the performance of existing applications, and server and storage systems.

"Solid state storage strategies are changing the economics of data management. The challenge, however, is adding enterprise flash technology without major disruptions to ongoing IT operations," said Jeff Boles, senior analyst and director of Lab Validation Services, The Taneja Group. "SanDisk's FlashSoft software efficiently integrates solid state cache into servers without changing where data is stored or the features and capabilities of a consolidated storage approach. This 'disruptionless' approach dramatically simplifies the introduction of solid state, and allows SanDisk customers to immediately address performance challenges without changing existing storage strategies."

SanDisk Announces New SSDs for Consumers, OEMs

SanDisk Corporation, a global leader in flash memory storage solutions, today announced that it has further expanded its trusted and broad solid state drive (SSD) portfolio with the addition of three new models - the high-performance SanDisk Extreme II SSD for technology enthusiasts and gamers, as well as two new OEM SSDs designed to enable cutting-edge notebooks and tablets.

All of the new SSDs introduced by SanDisk today are built with the company's advanced 19 nanometer (nm) manufacturing process technology and rely on SanDisk's intelligent flash memory architecture. This combination enables SanDisk to create SSDs that are exceptionally responsive, reliable and energy-efficient1. SanDisk will be showcasing its full SSD line-up at the company's booth at COMPUTEX TAIPEI on June 4-8, 2013 (booth number N0804).

Western Digital and SanDisk Team Up To Create Solid State Hybrid Drives

WD, a Western Digital company, and SanDisk Corporation, a global leader in flash memory storage solutions, today announced that the two companies are collaborating to introduce hybrid storage devices that feature best-in-class flash memory technology from SanDisk and best-in-class hard drive technology from WD.

SanDisk is supplying a SanDisk iSSD storage device for the WD Black solid state hybrid drive (SSHD), the world's thinnest 2.5-inch SSHD solution, which utilizes both WD proprietary hybrid technology and industry standard SATA IO technology. The SanDisk iSSD brings an elegant balance of performance, low power consumption, cost, reliability, and a compact form factor to this SSHD, which will offer ample storage to meet consumers' growing appetite for digital content as well as flash-enabled speed, data throughput and responsiveness ? all within ultra-slim form factors.

SanDisk Strengthens Focus on SSD Business

SanDisk Corporation, a global leader in flash memory storage solutions, today announced new products, a new distribution channel and a key notebook design win, all aimed at delivering the benefits of advanced SanDisk solid state drive (SSD) technology to a greater number of customers.

"With today's announcements, it's clear SanDisk is going all out in its commitment to delivering industry-leading SSD technology to our customers," said Kevin Conley, senior vice president and general manager, client storage solutions. "SanDisk now offers the broadest SSD lineup in the industry, with a full portfolio of products for consumers, OEMs and enterprises. We're also broadening our reach with a new distribution channel and continuing to see strong customer acceptance with our latest design win in the ASUS Transformer Book."

SanDisk Shipping its Ultra Plus Solid State Drives

SanDisk is kicking off 2013 with the release of a new solid state drive, the Ultra Plus. This SSD has a 2.5-inch form factor (7 mm thickness) and features a Marvell controller, 19 nm MLC NAND memory, a SATA 6.0 Gbps interface, and a MTBF of 2 million hours.

The Ultra Plus is backed by a three-year warranty and comes in three capacities - 64 GB (520 / 155 MB/s sequential read/write speeds), 128 GB (530 / 290 MB/s) and 256 GB (530 / 445 MB/s). Amazon has SanDisk's SSDs priced at $120 (64 GB), $170 (128 GB) and $250 (256 GB).

SanDisk Expands Stock Repurchase Program

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory storage solutions, today announced that its Board of Directors has authorized an additional $750 million for common stock repurchases. This increases the total amount authorized for stock repurchases under the current program to $1.25 billion. The current repurchase program was established on Oct. 27, 2011 and will expire on Oct. 26, 2016. To date under this program, the company has used approximately $234 million for stock repurchases and approximately $1.016 billion remains available.

Under the expanded program, stock repurchases may be made from time to time and the actual amount expended will depend on a variety of factors including market conditions, regulatory and legal requirements, corporate cash generation and other factors. The stock repurchases may be made in both open market and privately negotiated transactions, and may include the use of derivative contracts, structured share repurchase agreements and Rule 10b5-1 trading plans. The program does not obligate SanDisk to repurchase any particular amount of common stock during any period and the program may be modified or suspended at any time at the company's discretion.

SanDisk Appoints Jeff VerHeul as Senior Vice President of Corporate Engineering

SanDisk Corporation, a global leader in flash memory storage solutions, today announced it has appointed Jeff VerHeul as senior vice president of the company's corporate engineering organization. Reporting to Sanjay Mehrotra, SanDisk's president and CEO, VerHeul brings 30 years of engineering and management experience to SanDisk where he will oversee the development of SanDisk's growing portfolio of SSD, embedded and removable products and solutions.

SanDisk Delivers Solid State Drive Technology for ASUS TAICHI

SanDisk Corporation, a global leader in flash memory storage solutions, today announced that the company is providing the solid state drive (SSD) for the new ASUS TAICHI Ultrabook, introduced today by ASUS. Running on the Windows 8 operating system, the unique ASUS TAICHI is an ultrabook that features a tablet on the outside of the laptop lid, allowing users to quickly and easily transition from a tablet to notebook functionality, or operate both simultaneously, for superior mobile computing versatility.

With fast, reliable storage provided by a customized SanDisk X100 SSD, a high-performance stand-alone SSD model, the sleek and powerful ASUS TAICHI features a full notebook experience for consumers or business users, as well as the convenience of a tablet with stylus support, all in one device. The SanDisk X100 SSD used in the ASUS TAICHI (available in both 256GB and 128GB1 capacities) enables the ultrabook to boot up quickly and provides incredibly responsive, small form factor storage. With the ASUS TAICHI, both the tablet and notebook screens can be used at the same time, each featuring different content and applications. This enables the device to be easily shared by family, friends or co-workers simultaneously. While offering both notebook and tablet capability, the ASUS TAICHI is surprisingly thin and lightweight, due in large part to the compact form factor of the SanDisk X100. The customized SanDisk SSD also enhances application performance in the ASUS TAICHI and includes thermal control features to help protect the device from overheating, even when both the tablet and notebook capabilities are being operated at once.

SanDisk Appoints Thomas Rampone as Senior Vice President for Its SSD Business

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory storage solutions, today announced it has appointed Thomas Rampone as senior vice president of the company's solid state drive (SSD) business, which includes SanDisk's Enterprise Storage Solutions (ESS) and Client Storage Solutions (CSS) organizations. He will report to Sanjay Mehrotra, SanDisk's president and CEO.

Rampone joined SanDisk from Intel where he served for over 27 years in various engineering and executive roles. Most recently, Rampone was vice president and general manager of Intel's Non-Volatile Memory Solutions Group where he was responsible for all of Intel's flash memory business including technology and product development, operations and marketing. Previously, Rampone served as vice president and general manager for Intel's Channel Platforms Group and the Desktop Boards Business.

SanDisk Rolls Out Firmware Update R211 for Extreme Series SSD

SanDisk rolled out a firmware update for its Extreme Series high-performance client SSD. The new R211 firmware corrects outstanding bugs related to TRIM and garbage collection, speeds up drive initialization time at boot, and other minor errors. To begin with, the new firmware improves TRIM delay (delay between the SSD receiving TRIM command, and finding a convenient time to "take out the trash"), as a result TRIM and its related garbage disposal performance is greatly increased. The firmware also improves error handling and power management. Next, the new firmware reduces boot-time normalization of SMART attributes, reducing POST initialization time of the drives. Lastly, a minor bug related to temperature-reading is fixed. The update is recommended for users facing issues with SanDisk's fastest client SSDs. The firmware can be updated using SanDisk SSD Toolkit, its latest version is linked below.

DOWNLOAD: SanDisk SSD Toolkit 1.0.0.1

SanDisk Announces Third Quarter 2012 Financial Results

SanDisk Corporation (NASDAQ:SNDK), a global leader in flash memory storage solutions, announced today results for the third quarter ended September 30, 2012. Total third quarter revenue of $1.27 billion declined 10% on a year-over-year basis and increased 23% on a sequential basis.

On a GAAP basis, third quarter net income was $77 million, or $0.31 per diluted share, compared to net income of $233 million, or $0.96 per diluted share, in the third quarter of fiscal 2011 and $13 million, or $0.05 per diluted share, in the second quarter of fiscal 2012.

SanDisk Announces Development of CFast Memory Cards

SanDisk Corporation, a global leader in flash memory storage solutions, today announced that it is developing flash memory cards based on the new CFast2.0 specification introduced today by the CompactFlash Association (CFA). The new specification enables next-generation photo and video applications by delivering up to four times faster performance than the CompactFlash memory cards currently used in DSLR cameras and other imaging devices.

“CFast2.0 memory cards will help drive the future of professional photography and video-recording applications,” said Shuki Nir, senior vice president and general manager, Retail, SanDisk. “With the CFast2.0 specification’s unparalleled performance, flash memory can now enter new markets such as high-definition TV and even cinema production.”

SanDisk Announces Quick-Install Client SSD Caching Solution to Boost PC Performance

SanDisk Corporation, a global leader in flash memory storage solutions, today announced an affordable, easy-to-install SSD caching solution that lets consumers significantly improve their desktop computer's performance. The SanDisk ReadyCache solution can boost a desktop computer's boot, shutdown and application launch times, allowing consumers to enjoy a more responsive computing experience, while utilizing their existing hard drive's storage.

Easy Upgrade Breathes New Life Into Desktop Computers

The SanDisk ReadyCache product is a performance enhancing caching solution that combines a 32 gigabyte (GB) 2.5-inch SSD that resides alongside a desktop computer's hard drive with ExpressCache software by Condusiv Technologies. The software, sold exclusively by SanDisk, is easily downloaded from the SanDisk website and can be installed on any desktop PC running Windows 7 operating system. After installing the SSD and software, the SanDisk ReadyCache solution's advanced caching algorithms automatically manage data by caching frequently used files to improve overall performance.

SanDisk Provides Custom Storage Solution for Lenovo ThinkPad X1 Carbon

SanDisk Corporation, a global leader in flash memory storage solutions, today announced it is providing Lenovo with the solid state drive (SSD) used in the new Lenovo ThinkPad X1 Carbon, the world’s lightest 14-inch Ultrabook computer.

The Lenovo ThinkPad X1 Carbon weighs in at less than three pounds, has an exterior made of extremely lightweight carbon fiber material, boasts optional embedded 3G connectivity for anywhere, anytime Internet access, and relies on a 256GB2 SanDisk X100 SSD for incredibly responsive, small form factor storage. The version of the SanDisk X100 SSD being used by Lenovo relies on a custom design that is smaller than the typical SSD, helping to reduce both the size and weight of the Lenovo X1 Carbon, as well as reducing power consumption. SanDisk offers the X100 SSD in both 256GB and 128GB capacities.

SanDisk Celebrates Flash Memory's 25-Year Anniversary

SanDisk Corporation, a global leader in flash memory storage solutions, today marked the 25-year anniversary of flash memory, the transformational technology used by billions of consumers and countless businesses in smartphones, tablets, ultra-thin laptops, data centers and other electronic devices.

Companies such as SanDisk have increased the capacity of flash memory by 30,000 times while decreasing its cost by 50,000 times over the past two decades. SanDisk’s first product, a 20 megabyte solid state drive (SSD), sold for $1,000 in 1991 but would cost only two cents today. This efficiency has driven the wide adoption of flash memory and enabled the smart digital lifestyle of anywhere, anytime access to digital content. Flash memory fuels the three forces behind this trend – mobile computing, pervasive connectivity and the proliferation of digital content.

SanDisk Announces Second Quarter 2012 Financial Results

SanDisk Corporation (NASDAQ:SNDK), a global leader in flash memory storage solutions, announced today results for the second quarter ended July 1, 2012. Total second quarter revenue of $1.03 billion declined 25% on a year-over-year basis and declined 14% on a sequential basis.

On a GAAP(1) basis, second quarter net income was $13 million, or $0.05 per diluted share, compared to net income of $248 million, or $1.02 per diluted share, in the second quarter of fiscal 2011 and $114 million, or $0.46 per diluted share, in the first quarter of fiscal 2012.
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