16X Write Speeds for DVD+R and DVD-R, Double Layer Technology Allows up to Twice as Much Storage Capacity
IRVINE, Calif.--(BUSINESS WIRE)--Aug. 17, 2004--I/OMagic Corporation (OTCBB:IOMG - News), a provider of data storage and digital entertainment products, announced today that it will begin shipping its next generation of DVD drives -- internal 16X dual format double layer DVD+/-RW+/-R drives -- for sale in the North American marketplace in September 2004.
I/OMagic's new Internal 16X DVD+/-RW+/-R Dual Format Double Layer Drive consolidates DVD rewritable technology into one unit that offers the ability to read and write popular formats -- including DVD+R and DVD+R double layer, DVD+RW, DVD-R, DVD-RW, CD-R and CD-RW -- and allows users the freedom to choose the DVD or CD format that is most compatible with their personal computers or home DVD players. In addition, I/OMagic's new 16X Double Layer drive allows storage of up to twice as much data using DVD double layer (DL) media -- allowing up to 8.5GB(1) of storage.
"We believe that our new 16X Double Layer drive will help consumers avoid confusion over what type of media to buy and the differences between the various DVD formats. Our new 16X Double Layer drive combines many DVD and CD formats into one flexible solution," said Tony Andrews, Vice President of Engineering and Product Development for I/OMagic Corporation. "And to make our new 16X Double Layer drive even better, we've employed double layer technology which allows users to store up to 8.5GB(1) of music, photos, movies or other data."
I/OMagic's new 16X Double Layer drive will write at 16X speeds using DVD+R and DVD-R media and at 2.4X speeds using DVD+R double layer (DL) media. The drive also includes both white and black faceplates and software to enable users to create and edit videos, burn DVDs and CDs in various popular formats, and play or view, as well as store, music, photos and movies on either DVDs or CDs. I/OMagic's new 16X Double Layer drive supports Windows XP/2000/Me/98SE operating systems.
I/OMagic anticipates shipping its new 16X Double Layer drive in September 2004 at an introductory suggested retail price of $ 149.99.
(1) Note: 1 MB = 1
million bytes, 1 GB = 1 billion bytes. A user's total accessible memory/storage/data capacity will be less than stated as a result of the user's operating system and other factors.
About I/OMagic
I/OMagic provides data storage products (such as CD-RW drives, DVD+/-RW and floppy drives, including its MediaStation and DataStation products) and digital entertainment products (such as MP3 players, digital audio headphones and its Digital Photo Library(TM) system, which is a palm-sized portable external hard drive for digital music, photo and movie storage, as well as a line of EasyPrint(TM) digital photo accessories). The company sells products under three brand names -- I/OMagic®, Hi-Val® and Digital Research Technologies® -- through nationally-recognized computer, consumer electronics and office supply superstores and other retailers, such as Best Buy, Circuit City, CompUSA, Fred Meyer Stores, Microcenter, Office Depot, RadioShack, Staples and Target stores, as well as catalogue companies as Internet retailers such as Buy.com, PC Mall, Tiger Direct and Dell.
Forward-looking statements in this release with respect to
anticipated shipment and sale dates and prices of the company's new 16X Double
Layer drive as well as consumer reactions to this product are made pursuant to
the safe harbor provisions of the Private Securities Litigation Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties including, but not limited to, the company's dependence on the PC
and consumer electronics industries and on product lines based on new
technologies; the company's ability to develop new products based on new or
evolving technology and the market's acceptance of those products; manufacturing
capacity, availability and reliability; competition and pricing pressures in the
technology industry; general economic and business conditions; and other risks
detailed from time to time in the Company's periodic reports filed with the
Securities and Exchange Commission.
Source: I/O Magic
