Milpitas, Calif., November 4, 2010 - SanDisk Corporation (NASDAQ: SNDK), the global leader in flash memory cards, today announced that SanDisk Chairman and CEO, Eli Harari, will lead the opening bell ceremony at the NASDAQ Stock Exchange on Monday, November 8, 2010, to mark SanDisk's fifteenth year as a NASDAQ listed company. A live video of the event can be viewed on NASDAQ's tower video and also available at http://www.nasdaq.com/about/marketsitetowervideo.asx at approximately 9:30 a.m., Eastern Time.
In 1988, Harari founded SanDisk with Sanjay Mehrotra and Jack Yuan, building the company into a globally recognized brand with total annual revenues approaching $5 billion. SanDisk pioneered the development of flash memory cards that fueled the rapid growth of vast new markets while replacing existing technologies such as floppy disks, 35mm film and CDs. Today's milestone comes at a time when NAND flash memory enjoys unprecedented popularity among millions of consumers who own mobile phones, MP3 players, digital cameras, USB flash drives and tablet computers.
"We always believed our revolutionary flash technology would change our world, and I am glad to say that SanDisk exceeded our best expectations," said Harari. "Thousands of our dedicated and talented employees made this journey possible, and SanDisk's success is a testament to their efforts. The rate of change is accelerating faster than ever, and we will continue innovating as we reach for the significant opportunities that lie before us."
During its 22-year history, SanDisk achieved a number of important milestones:
Timeline of innovation
SanDisk Corporation is the global leader in flash memory cards - from research, manufacturing and product design to consumer branding and retail distribution. SanDisk's product portfolio includes flash memory cards for mobile phones, digital cameras and camcorders; digital audio/video players; USB flash drives for consumers and the enterprise; embedded memory for mobile devices; and solid state drives for computers. SanDisk is a Silicon Valley-based S&P 500 company, with more than half its sales outside the United States.
© 2010 SanDisk Corporation. All rights reserved. SanDisk, the SanDisk logo and CompactFlash are trademarks of SanDisk Corporation, registered in the United States and other countries. microSD is a trademark of SD-3C LLC. Other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder (s).
This press release contains certain forward-looking statements, including expectations for products, markets, and customers that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Risks that may cause these forward-looking statements to be inaccurate include among others: the market demand for our products may grow more slowly than our expectations or our products may not perform as expected and the other risks detailed from time-to-time in our Securities and Exchange Commission filings and reports, including, but not limited to, our annual report on Form 10-K and our quarterly reports on Form 10-Q. We do not intend to update the information contained in this press release.