SUNNYVALE, Calif., Apr. 10, 2001 - Barry J. Szabo, a former Kodak executive, was named Chief Executive Officer of DigitalPortal Inc. (DPI), a joint venture of SanDisk Corporation (NASQAQ: SNDK) and Photo-Me International (PMI) (PHTM.L). Szabo, 47, will be responsible for leading and managing DigitalPortal into its emergence as a leader in kiosk-based photo-finishing services. DPI's photo kiosks will allow digital camera owners to get inexpensive, high-quality digital prints while they wait.
"Barry is well respected for his strategic planning, business leadership and entrepreneurial skills," said Eli Harari, president and CEO of SanDisk. "DigitalPortal is in a rapidly growing new market due to the demands of consumers who want high quality prints from their digital cameras. Barry's experience and expertise should be a tremendous asset to the company."
Szabo brings to DPI more than 22 years of experience in the photography, kiosk and retailing business. Prior to DPI, he served as COO of USGift.com, an online ecommerce retailer with 130 employees. Before that, he was a 20-year veteran at Eastman Kodak, where he held a variety of executive and management positions, most recently as the general manager of Kodak's Output Products and Services, (branded photo-finishing/digital service businesses). Szabo also launched Kodak's Picture CD and the Kodak/AOL "You've Got Pictures" Internet service in the US.
In a prior position, Szabo was Kodak's Asia Area Business Unit Manager, where he oversaw consumer products in Asia. Earlier in his career, he held additional managerial positions at Kodak both domestically and internationally.
Szabo received an MBA and a Bachelor's degree in Business Administration/Marketing from Shippensburg University of Pennsylvania.
In 2000, SanDisk and PMI, a British company, formed DPI to operate digital film kiosks throughout North America. Through these kiosks, DPI will provide consumers with low cost, high-quality silver halide photo prints of digitally captured images, enhancing the instant gratification that digital photography offers. The kiosks are expected to be deployed in North America starting this quarter. It is expected that DPI will accelerate the sale of digital cameras and the widespread adoption of digital photography.
DigitalPortal Inc., the photography industry's first silver halide consumer digital print kiosk company, was founded in 2000 as a joint venture of SanDisk and PMI. DigitalPortal Inc. is based in Sunnyvale, CA.
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.
Photo-Me International (PMI) is the worldwide leader in photo kiosk vending machines. The company is based in Bookham, Surrey, United Kingdom.
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.
Photo-Me International's Web site/home page address: http://www.photo-me.co.uk/