Sunnyvale, CA, July 24, 2000 - SanDisk Corporation (NASDAQ:SNDK), the world's largest supplier of flash memory cards, today promoted Nelson Chan to senior vice president of worldwide sales and marketing. Chan, who was formerly SanDisk's senior vice president of worldwide marketing, will report to Eli Harari, SanDisk CEO and president.
Harari said, "It's a real pleasure to announce the promotion of Nelson Chan to senior vice president of worldwide sales and marketing. Nelson has been a key contributor to SanDisk's success, evidenced by our consistent record of growing sales, record customer orders and backlog and clear market leadership positions in the OEM, retail and industrial distribution channels we serve. Nelson has also played a pivotal role in establishing SanDisk's CompactFlashÔ, MultiMediaCards and most recently the Secure Digital Card as industry standard card formats. I look forward to working closely with Nelson as we continue to drive for rapid growth globally by applying our exciting technology to the consumer, wireless and Internet market opportunities that are just beginning to take off."
When Chan joined SanDisk, annual revenues were $22 million. In 1999, company revenues were $247 million, an 82 percent increase over the $135.8 million recorded in 1998. During his tenure at SanDisk, the company has become, according to independent market research surveys, the worldwide market share leader in the flash memory card industry. SanDisk also significantly expanded its OEM accounts and became a major force in the retail market by selling its branded products in more than 20,000 retail outlets worldwide.
Chan has more than 17 years of high-technology marketing and engineering experience. He was one of the principal organizers of the CompactFlash Association and the MultiMediaCard Association. Together, the two associations have more than 200 members. Chan is an officer of the CompactFlash Association and a board member of the MultiMediaCard Association. Before joining SanDisk, Chan was marketing manager for the Integrated Systems Products Division at Chips and Technologies and also held marketing and engineering positions at Signetics and Delco Electronics.
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.