SanDisk Corporation introduced a 1-Gigabyte (GB) CompactFlash (CF) memory card, the world's highest capacity card in the standard CF Type I card. The new high-capacity card will typically be able to store, for example, more than 1000 digital images, more than 20 hours of digital music or several hours of video. Nelson Chan, senior vice president and general manager of SanDisk's retail business unit, said, "Introducing a 1GB CompactFlash card in the Type I format is a technological breakthrough for SanDisk, the company that introduced the CompactFlash card. With a gigabyte of storage capacity, consumers will be able to store extended movie clips in the latest generation of digital cameras that offer this exciting new feature. These cards demonstrate how rapidly flash technology is moving forward and provide the first indication of how SanDisk's technology will begin to displace recording tapes and disks in future consumer audio and video products."

The 1GB SanDisk CompactFlash card is expected to be available at retail in Q1 2002. The card is expected to sell for under $800. In October, the company introduced SanDisk Ultra CompactFlash cards, a new line of high-speed storage cards for the digital photography market.

SanDisk products, which include a complete line of ImageMate memory card reader/writers and adapters, are available in more than 38,000 retail stores worldwide. Retailers include Best Buy, Circuit City, Fry's, K-Mart, Micro Center, Office Depot, OfficeMax, Ritz, Sears, Staples, Target, Wal-Mart, Wolf and others.