Pre-PMA 2004: SimpleTech has today announced the industry's highest capacity CompactFlash with an 8 GB Type II card using the Company's patented stacking technology. The Company also announced 2, 4 and 5 GB Type I cards and a significant increase to the write speed of its entire ProX line of CompactFlash cards. Samples of the new ProX CompactFlash Type I cards in 2, 4 and 5 GB capacities and the 8 GB type II cards are expected to ship during the first quarter of 2004, with production anticipated during the second quarter of 2004.

Press Release:

SimpleTech Announces Industry's Highest Capacity 8 GB CompactFlash Card With 10MB/sec Write Speed

New 8 GB Card Utilizes Company's Patented IC Tower Stacking Technology

SANTA ANA, Calif., Feb. 9 /PRNewswire-FirstCall/ -- SimpleTech, Inc. (Nasdaq: STEC), a designer, manufacturer and marketer of custom and open-standard memory solutions based on Flash memory and DRAM technologies, today announced the industry's highest capacity CompactFlash with an 8 GB Type II card using the Company's patented stacking technology. The Company also announced 2, 4 and 5 GB Type I cards and a significant increase to the write speed of its entire ProX line of CompactFlash cards. The products will be unveiled at the PMA (Photo Marketing Association) trade show held at the Las Vegas Convention Center from February 12-15, 2004. SimpleTech will exhibit in booth N-64.

"We combined the latest silicon with our patented IC Tower stacking technology and produced the highest density CompactFlash card available in the world," said Ken Roberts, director of product marketing at SimpleTech. "This card also uses a high speed controller with 10 MB/sec write speed -- the fastest on the market today."

SimpleTech's IC Tower(TM) stacking technology allows multiple NAND Flash components to be stacked together to provide increased memory and storage densities that provide enhanced capacity in its 5 mm Type II cards.

Delivering a breakthrough write speed of up to 10MB/second, SimpleTech's ProX CompactFlash cards enable images to be saved faster to the CompactFlash card and significantly reduces the wait time between digital photography shots.

ProX CompactFlash cards incorporate Xcell(TM) technology, with a new advanced controller that provides an exponential increase in throughput for writing the picture file, delivering fast, accurate recording of high-resolution images and outstanding reliability.

SimpleTech customers are offered a free trial of PhotoRescue software. Customers can download the photo recovery software onto their computer, and either insert the Flash card into a reader, or dock their camera, and view thumbnail images of their pictures. If one of the images on the card is corrupted, the rescue software allows the image to be recovered.

All SimpleTech CompactFlash cards come with a lifetime warranty backed by SimpleTech's reputation for quality and support.

Pricing and Availability

Manufacturers suggested retail pricing for ProX CompactFlash cards ranges from $89.99 to $5,999 to meet budget and performance requirements. Samples of the new ProX CompactFlash Type I cards in 2, 4 and 5 GB capacities and the 8 GB type II cards are expected to ship during the first quarter of 2004, with production anticipated during the second quarter of 2004.

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