SUNNYVALE, CA, Nov. 9, 2000 - SanDisk Corporation (Nasdaq: SNDK), today announced it has received the annual "Best of What's New" award from Popular Science Magazine for the Personal Tag (P-Tag), the world's first wearable memory card that can be used to store critical data such as medical records and other personal information. Announcement of the award will be made in the December 2000 issue of Popular Science, a leading science and technology magazine.
The P-Tag is a matchbook size, solid-state (no moving parts) flash memory card that can electronically store vast amounts of medical records and identification information. Weighing only two grams, the rugged cards represent an exciting new market for SanDisk with immense potential in the storage of personal information. This broad market includes military agencies, government departments, insurance and health care companies worldwide. SanDisk is also targeting the future use of the card in hospitals, HMOs, university medical centers, clinics, nursing homes, insurance companies and numerous other entities involved in the health care field.
"We are honored to be the recipient of such a prestigious award and are proud to be recognized for our pioneering work in the solid-state storage industry," said Eli Harari, SanDisk president and CEO. "Our flash memory technology has enabled a new generation of innovative products such as the P-Tag that has the potential to greatly improve and even save people's lives."
Throughout the year, Popular Science reviews thousands of new products and innovations and features a select few in its monthly "What's New" department. A total of 100 winners in ten categories, make it into the coveted Best of What's New issue. Popular Science found the SanDisk Personal Tag to represent a significant step forward in its category this year and more importantly, to potentially save the life of its wearer.
The P-Tag stores pertinent electronic medical data about the person who carries it. It, in effect, stores an abridged, updateable, secure database of the individual's electronic medical record. The card can serve as the primary medical data source about the individual in settings where computer network connectivity to larger databases is not available or convenient to access, offering health care providers with immediate access to the patient's most important clinical data whether they are in the field or in a hospital.
As a person gets transferred to another state, country or is simply referred to another physician (in or out of network) the new physician can quickly view the patient's complete medical record at a glance by inserting the P-Tag into a low-cost reader for the notebook or desktop computer. The patient's medical and identification data, such as allergies, blood type and medication history, can be quickly obtained. New information about treatments or vaccinations given can be easily added electronically to the personal database stored on the card.
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 "Risk Factors" in the company's annual report on Form 10-Q filed with the securities and Exchange Commission. The company assumes no obligation to update the information in this release