Company will deliver
both formats with scratch-resistant protective coating
OAKDALE, Minn., Nov.
10 -- Imation Corp (NYSE: IMN), a worldwide leader in removable
data storage media, today announced it is finalizing the development of both HD
DVD and Blu-ray optical recordable media, with plans to utilize its proprietary
hard coat protective disc coating in the development of both formats. The
ultra-durable, scratch- resistant hard coating is designed to protect the
valuable memories and data that users will save on advanced optical
discs.
With the rapid expansion of High
Definition Television (HDTV) broadcasts and increasing use of high definition
recorders creating valuable content, Blu-ray and HD DVD optical media provide
the high capacity required for the vast quantity of information created in these
new high definition formats -- formats that allow users to record crystal-clear
superior images as well as benefit from vast computer data storage
capabilities.
With dedicated teams completing
technology development and testing of both single layer and double layer
advanced optical formats, Imation plans to begin shipping both HD DVD and
Blu-ray products starting in the early part of 2006. Imation is a member of the
Blu-ray Disc Association (BDA) and DVD Forum.
"The exacting standards and
expertise needed to develop Blu-ray and HD DVD require focus and experience that
few companies possess," said Richard Weiss, vice president of research and
development, Imation. "With over 25 years of experience in the optical field and
our investments in the future of optical -- more than $10 million in advanced
optical research development and manufacturing in 2005 -- along with our global
distribution capabilities, we are in a solid position to deliver future formats
when and where our customers want them. Our extensive experience in the optical
market and dual-layer technology development ensures we can deliver superior
quality media formats that meet and exceed our customers' expectations. As the
market develops, Imation's investments will allow us to bring the advanced
optical products that customers need."
Throughout 2006, Imation plans to
launch the BD-RE (rewritable) and BDR (recordable) 25GB single layer and 50GB
double layer Blu-ray formats. Also in 2006, Imation plans to launch the HD DVD-R
(recordable) and HD DVD-ReR (Re- recordable) 15GB single layer and 30GB double
layer HD DVD formats. Specific dates of availability and pricing will be
announced in early 2006. For more information, go to http://www.imation.com
.
About
Imation
Imation Corp is a
leading developer, manufacturer and supplier of magnetic and optical removable
data storage media.
Imation and the
Imation logo are trademarks of Imation Corp. All other trademarks are the
property of their respective owners.
Source: Imation
