Article: Matsushita Electric, SanDisk and Toshiba Agree to Join Forces to Develop and Promote Next Generation Secure Memory Card.

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Aug. 25, 1999--

SD (Secure Digital) Memory Card Expected To Unleash Wave Of New

Digital AV (Audio/Video) Consumer Products And Enable Internet And

Wireless E-Commerce

Matsushita Electric Industrial Co., Ltd. (NYSE:MC), best known by its Panasonic brand name, SanDisk Corporation (NASDAQ:SNDK) and Toshiba Corporation have reached an agreement on comprehensive collaboration to jointly develop, specify and widely promote a next generation secure memory card.

The announcement was made today at joint press conferences in Tokyo, Japan, Osaka, Japan and Redwood City, CA.

The global ...

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