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Iomega Licenses Clik! Drive to Matsushita Communication
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May 15, 1998 (TOKYO) -- Iomega Corp. of the United States
announced that it licensed production of its Clik! Drive compact
storage device to Matsushita Communication Industrial Co., Ltd.
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The licensing agreement also covers sales. Matsushita
Communication is the second company after Citizen Watch Co., Ltd.
to license the Clik! Drive from Iomega.
Following the contract, Matsushita is planning to start
manufacturing the Clik! Drive from the spring of 1999.
Clik! Drive is a removal storage device that is aimed at mobile
terminals and equipment such as digital cameras, personal digital
assistants and cellular phones.
It weighs 57g and its body is 54.9mm by 50.1mm by 1.95mm, and it
accommodates a large capacity disk of 40MB.
Both types of drives for OEM and end users will be launched in
the second half of this year in the United States. The retail
price of the drive for end users is expected to be less than
US$200. The media, Clik! Disk, is scheduled to retail for
US$9.95.
Iomega announced on Nov. 13, 1997 that it would license Clik! to
Matsushita and Citizen. The company concluded a contract with
Citizen in March, and it exchanged a memorandum in April with NEC
Corp. for a licensing agreement.
Iomega's press release is available at: http://www.i
omega.com/company/news/matsu.html
(Hi-Tech News Center)
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