MILPITAS, Calif., Feb. 15, 2012 - SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory storage solutions, today announced it has entered into a worldwide, exclusive agreement with Diskeeper Corp. to license its industry leading caching software solutions for solid state disk drives (SSDs). Under the terms of the agreement, SanDisk will provide these solutions both as standalone software products as well as bundled with SanDisk's SSD products for client computing applications. The resulting hardware/software bundled solution from SanDisk will help its consumer OEM customers build optimized computing devices, such as Ultrabooks and other ultra-thin form factor products, that provide greater responsiveness, higher performance and an overall better user experience to consumers worldwide.
The agreement initially calls for SanDisk to exclusively license Diskeeper's ExpressCache® and NowOn™ software products, which improve overall system performance and boot time in dual-drive (paired SSD and HDD) storage configurations. SanDisk has the ability to license other Diskeeper products currently in various stages of development for application across client and enterprise computing and mobile markets. Additional details of the agreement were not disclosed.
"The combination of Diskeeper's industry-leading ExpressCache and NowOn software offerings with SanDisk's broad and flexible client SSD solutions delivers the lowest-cost, smallest footprint implementation to meet Ultrabook requirements," said Kevin Conley, SanDisk's senior vice president and general manager, Client Storage Solutions. "We are excited to add these software solutions to our portfolio for standalone and bundled opportunities in this rapidly growing market."
"We see our alliance with SanDisk as a critical driver to accelerate adoption of SSD computing applications," said Jerry Baldwin, CEO of Diskeeper. "The exceptional performance and endurance of SanDisk SSD's paired with Diskeeper's ExpressCache and NowOn products offer consumer OEM customers industry leading performance optimization for Ultrabooks and other computer platforms."
Caching solutions used in computing provide a location for frequently accessed information to be stored and retrieved quickly. A high-performance flash memory-based cache can be combined with advanced caching software to improve the performance of hard disk drive (HDD)-based solutions, while keeping overall system costs low. Applications or devices that need to leverage the full capabilities of flash memory, like small footprint, low power consumption, high performance and reliability, can use complete SSD solutions in place of HDDs.
Diskeeper Corporation creates high-performance software that optimizes and maintains application operation efficiency and equipment longevity to increase productivity in technology, people and businesses. With over 30 years of product innovation, the key to Diskeeper's success is listening to customer needs and staying abreast of the changes in technology as they relate to data storage performance both in the physical and virtual domain. Diskeeper is committed to providing solutions that meet the real-world need of our users
SanDisk Corporation (NASDAQ: SNDK) is a global leader in flash memory storage solutions, from research and development, product design and manufacturing to branding and distribution for OEM and retail channels. Since 1988, SanDisk's innovations in flash memory and storage system technologies have provided customers with new and transformational digital experiences. SanDisk's diverse product portfolio includes flash memory cards and embedded solutions used in smart phones, tablets, digital cameras, camcorders, digital media players and other consumer electronic devices, as well as USB flash drives and solid-state drives (SSD) for the computing market. SanDisk's products are used by consumers and enterprise customers around the world.
SanDisk is a Silicon Valley-based S&P 500 and Fortune 500 company, with more than half its sales outside the United States. For more information, visit www.sandisk.com.
This press release contains certain forward-looking statements, including expectations for the market for products incorporating Diskeeper's caching software solutions and our SSD products, the expected benefits and competitive advantages of the new products, and the expected impact on SanDisk's SSD solutions, 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 SSD products, including products incorporating Diskeeper's solutions, may grow more slowly than our expectations or competitive products may have better features, may be easier to operate or may be available at a lower cost, which could enable these products to achieve better customer acceptance than our products, including those incorporating Diskeeper's solutions, our products and those incorporating Diskeeper's solutions may not perform as expected, and the other risks detailed from time-to-time in under the caption "Risk Factors" and elsewhere in our Securities and Exchange Commission filings and reports, including, but not limited to, our most recent quarterly report on Form 10-Q and our annual report on Form 10-K. We do not intend to update the information contained in this press release.