STEC Stec, Inc. (MM)

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. , 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 KenRoberts, 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 one-year 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. About SimpleTech 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 more than 2,500 products and specializes in developing high-density memory modules, memory cards and storage devices. For more information, visit the company's Web site at http://www.simpletech.com/ . Safe Harbor 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 line of CompactFlash cards. 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 Annual Report on Form10-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: ProX line of CompactFlash cards may not perform in the manner anticipated, customer demand for such products may not grow as projected and new technological advancements in the field might produce more competitive cards. Also the price range and availabilitydates stated herein might change due to supply and demand or other unforeseen events. PhotoRescue software trade name is not owned by SimpleTech Inc. 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, Director of Public Relations, +1-949-260-8219, , or Jose Zavala, PR Representative, +1-949-260-8290, , or Investors, Mitch Gellman, Director of Investor Relations, +1-949-260-8328, , all of SimpleTech, Inc. Web site: http://www.simpletech.com/

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