I/OMagic Corporation operates in the data storage and digital entertainment industries. The Company sells data storage and digital entertainment products in the United States, and to a lesser extent, in Canada. I/OMagic's data storage product offerings are focused on optical data storage media. Its digital entertainment product offerings are focused on products that complement its line of data storage products. I/OMagic has two subsidiaries: I/OMagic Corporation and IOM Holdings, Inc. The data storage products accounted for approximately 94% of Company net sales, during the year ended December 31, 2003, whereas the digital entertainment products accounted for approximately 6% of net sales for that period.