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  • Iomega Licenses Clik! Drive to Matsushita Communication
  • 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.
    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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    Updated: Thu May 14 16:12:09 1998