Lexar has today announce it plans to ship its new 1 GB 16x Professional CF Type II card by January 31. This new card which has a retail price of $1,199 has a claimed write speed of 2.4 MB per second and will be demonstrated at the upcoming PMA (Photo Marketing Association) show in Orlando at the end of February. Eric Stang, president and CEO says "Our new 1GB delivers everything professional photographers want: a minimum sustained write speed of 2.4MB per second, the highest capacity available and the reliability of solid-state storage."

Press release:

Lexar Media to Ship 1-Gigabyte Speed-rated CompactFlash Card

Professional Series 1 GB Card Frees Photographers to Shoot More High-quality Images

FREMONT, Calif., January 23, 2002 -- Lexar Media Inc. (Nasdaq: LEXR), a leading developer of flash mass storage systems and an innovator of high-performance, USB-enabled CompactFlash™ digital film, today announced that it will begin shipping the industry's first speed-rated 1-Gigabyte capacity CompactFlash Type II card by January 31, 2002. The 16X-speed 1GB Professional Series card clocks a sustained write speed of 2.4MB per second and has a suggested list price $1,199.
"Lexar Media is proud to lead the industry by introducing a 16X speed-rated 1GB CompactFlash card," said Eric Stang, president and CEO, Lexar Media. "Our new 1GB delivers everything professional photographers want: a minimum sustained write speed of 2.4MB per second, the highest capacity available and the reliability of solid-state storage."
To capture every aspect of their digital image, many professional photographers choose to shoot in RAW or TIFF mode. Shooting in RAW or TIFF creates uncompressed images that can result in file sizes of up to 15MB or more. These large files quickly devour the capacity of smaller memory cards.
Los Angeles-based professional photographer and digital pioneer, Vincent Versace, depends on responsive, reliable, high-capacity digital film. "It's great having a larger size card like Lexar Media's 1GB because I can shoot more freely without interruption from my memory card. I prefer Lexar Media's Professional Series 16X-speed cards because I get consistent, fast and reliable image capture. And now, with the new 1GB, I get professional speed and capacity to spare."
Lexar Media's 16X-speed 1GB CompactFlash card will be demonstrated at the Photo Marketing Association International Conference and Trade Show (PMA) in Orlando, Florida, February 24-27.