Company Press Release:

 

SANDISK TO HOST APAC DISTRIBUTORS MEETING IN INDIA

World Leader In Flash Technology Brings Annual
APAC Distributors’
Meeting to India’s Capital City of New Delhi

 

 

New Delhi, 17 March 2009. SanDisk today announced that it plans to bring its annual APAC Distributors Meeting to India for the first time, to be held March 24-25, 2009 in New Delhi.  With nearly half of its total population aged 35 years or younger, India is one of the fastest-growing and largest markets for mobile and consumer electronics, driving the demand for flash memory products. The SanDisk APAC Distributors’ Meeting is invitation-only and provides SanDisk’s channel partners and distributors with the opportunity to come together in a growing market.

 

“India is well-placed in the APAC region and represents an important market for SanDisk Corporation. SanDisk India has achieved many milestones over the last year, making India an ideal venue for this meeting,” said Gavin Wu, APAC managing director, SanDisk.

 

Part of the $12.5 billion worldwide flash memory market1, India has undergone a flash memory revolution over the last few years. Manisha Sood, country manager, India & SAARC region, SanDisk, said, “One of our top selling products in India is the microSD card which is indispensable to the millions of phones sold to Indian consumers last year. In addition, USBs and memory cards for digital cameras and camcorders continue to meet consumer demand in the Indian market.”

 

In order to address the growing needs of mobile device users in India, SanDisk is eager to create a widespread channel network and distribution channel. Sood continued, “Channel and distribution partners play an important role in furthering the growth of flash memory in India, by acting as a bridge between SanDisk and its existing, potential and prospective customers.” SanDisk India has three national distributors – HCL, Micro Ingram and Rashi Peripherals, is present in about 1,300 large format retail outlets in India and has over 20,000 retail partners across the country.

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About SanDisk

SanDisk Corporation, the inventor and world’s largest supplier of flash storage cards, is a global leader in flash memory – 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 (www.sandisk.com/corporate) is a Silicon Valley-based S&P 500 company, with more than half its sales outside the United States.

 

1 Source: Gartner’s Dec 2008 report

 

SanDisk and the SanDisk logo 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 new product introductions, applications, 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: there may be a slower adoption rate for these products in new markets that we are targeting or market demand for these products may grow more slowly than our expectations, these products may not perform as expected, these products may not be available when 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 Form 10-K and our quarterly reports on Form 10-Q.  We do not intend to update the information contained in this press release.