STEC Stec, Inc. (MM)

SimpleTech Announces ProX Series of Secure Digital Flash Memory Cards ProX SD Cards Are Eight Times Faster Than Standard Secure Digital Flash Cards SANTA ANA, Calif., Nov. 10 /PRNewswire-FirstCall/ -- SimpleTech, Inc. , a designer, manufacturer and marketer of custom and open- standard memory solutions based on Flash memory and DRAM technologies, today announced that its ProX(TM) 256MB and 512MB SD (Secure Digital) flash memory cards are available for immediate delivery. SimpleTech's ProX SD cards are the next-generation of removable flash storage, reducing the time it takes to read and write data to memory with high-speed data transfer rates up to 10MB/sec. When used with a digital camera, the ProX Series SD cards reduce wait time between shots. SimpleTech's ProX SD cards also feature a write protect switch on the side of the card to prevent accidental overwriting of data and images, as well as increased efficiency that aids in maximizing the battery life of devices while using the card (performance may vary according to devices.) "ProX SD cards provide ultra-fast data connectivity for nearly every device using SD cards on the market," said Ken Roberts, director of product marketing for SimpleTech. According to Gartner Group, Secure Digital was one of the fastest growing segments of the flash memory market in 2002. "The slim, compact design of ProX SD cards make them the ideal solution for a variety of SD-compatible handheld devices, including digital cameras, video recorders, PDAs, MP3 music players and smart phones, as well as digital projectors, photo printers and voice recorders," said Roberts. "These applications are now empowered with fast data write times and enhanced security." SimpleTech's family of ProX SD flash memory cards are available in 256MB and 512MB capacities. About the size of a postage stamp, the SD memory cards measure 24mm x 32mm by 2.1mm (LWD) and weigh only 3 grams. As with all SimpleTech products, ProX SD flash memory cards come with a lifetime warranty backed by SimpleTech's reputation for quality and support. Manufacturer's suggested retail prices are $159 for 256MB and $299 for 512MB. SimpleTech, Inc. designs, manufactures and markets custom and open- standard memory solutions based on Flash and DRAM memory technologies. Headquartered in Santa Ana, California, the company offers a comprehensive line of over 2,500 products and specializes in developing high-density memory modules, memory cards and storage. For more information, please visit our web site at http://www.simpletech.com/ . SAFE HARBOR STATEMENT This release may contain forward-looking statements that involve risks and uncertainties, including, but not limited to, statements concerning the performance of SimpleTech's ProX(TM) SD memory card product line. Actual results may differ materially from the results predicted. Important factors which could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under "Risk Factors" in filings with the Securities and Exchange Commission made from time to time by SimpleTech, including its Registration Statement on Form S-1, as amended originally filed with the Securities and Exchange Commission on October 1, 2003 and declared effective on October 23, 2003, its Annual Report on Form 10-K, its quarterly reports on Form 10-Q, and its current reports on Form 8-K. Other factors that could cause our actual results to differ materially from those expressed or implied in the forward-looking statements include the following risks: SimpleTech's ProX(TM) SD cards may not perform in the manner anticipated and customer demand for such products may not grow as projected. SimpleTech undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. DATASOURCE: SimpleTech, Inc. CONTACT: Media, Elaine Marshall, Public Relations, +1-949-260-8219, , or Investors, Mitch Gellman, Director of Investor Relations, +1-949-260-8328, , both of SimpleTech, Inc. Web site: http://www.simpletech.com/

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