Circuit City Adds More Than 600 Retail Outlets To The 13,000 Plus Retail Outlets Worldwide Already Selling SanDisk Products
SUNNYVALE, CA, January 18, 2000 - SanDisk Corporation (NASDAQ:SNDK) announced today that Circuit City Stores, Inc., one of the world's largest consumer electronics retail companies, will sell SanDisk-branded flash memory cards and card readers in its 600 plus retail outlets. Sales of SanDisk products in Circuit City stores will start immediately.
Circuit City carries many of the newest digital technology products including internet music players, digital cameras, camcorders and handheld computers - all products that use flash memory cards to capture and store either data, images or audio. SanDisk will supply Circuit City with CompactFlash™ cards, SmartMedia™ cards, MultiMediaCards and ImageMate™ card readers.
Ed Moro, SanDisk's director of retail sales, Americas, said, "With its knowledgeable and professional sales force, we expect that Circuit City will accelerate the sale of SanDisk products. This agreement with Circuit City is a major endorsement for SanDisk as Circuit City has a strong reputation for quality products and superb service in the consumer electronics marketplace."
Circuit City is a leading national retailer of consumer electronics, personal computer, major appliances and entertainment software. With headquarters in Richmond, Va, Circuit City Stores, Inc. currently operates 570 Circuit City Superstores, 45 mall-based Circuit City Express stores and 38 CarMax locations, including 32 used-car superstores and 20 new-car franchises. For more information, go to the Circuit City Web site at http://www.circuitcity.com/ and to the Car Max Web site at http://www.carmax.com/.
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.
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