Article: Industry Leaders Expect CD-RW to Be Next Removable Storage Standard; New Generation of PC Users Discover Data Interchange, High-Capacity Storage.

NEW YORK--(BUSINESS WIRE)--June 17, 1998--The world's leading companies in CD-ReWritable (CD-RW) drives and media -- Hewlett-Packard Company, Mitsubishi Chemical Corporation, Philips Electronics, Ricoh Company, Ltd., Sony Corporation and Yamaha Corporation -- today announced that the market for writable CD is expected to show continued double digit growth for years to come.

The announcement was made here at PC Expo, being held through June 18.

Market demand has grown exponentially over the last 12 months as new customers and end-users experience the data-interchange and high-storage-capacity benefits of CD-RW for the first time. In the next few weeks, ...

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