IRVINE, Calif.--(BUSINESS WIRE)--I/OMagic Corporation (OTCBB:IOMG), a leading provider of data storage
products, announced today it has expanded its line of 3.5”
external hard disk drives with the introduction of the GigaBank™
750GB. The GigaBank 750GB’s best features
include its attractive, grey, oval aluminum enclosure, its ability to
easily connect to a personal computer through its USB connection, and
its capacity for storing a large amount of personal computer data. The
Company will soon ship the GigaBank 750GB to select retailers across
North America with an introductory MSRP of $499.99.
“Industry consumer electronics trends indicate
continued demand for storage products that can expand a personal
computers’ storage capacity simply and easily,”
said Tony Shahbaz, president and CEO of I/OMagic Corporation. “The
GigaBank 750GB 3.5" offers consumers a huge amount of extra storage
space for personal data, photos, music or video clips.”
The GigaBank 750GB can be connected to a desktop or notebook personal
computer (PC) or a MAC via a high-speed USB 2.0 connection for optimal
performance; the GigaBank 750GB also works with USB 1.1 ports but at
slower speeds. The drive features a maximum transfer rate of up to 480MB
per second and it comes with a power adapter.
I/OMagic’s GigaBank 750GB 3.5”
external hard disk drive has a one-year warranty and it supports Windows
XP/2000/ME.
Note: 1 GB = 1 billion bytes.
A user’s total accessible memory/storage/data
capacity will be less than stated as a result of the user’s
operating system and other factors.
About I/OMagic
I/OMagic is a leading provider of data storage products (such as CD-RW
and DVD+/-RW drives, USB Portable Storage Devices, external USB hard
drives and floppy drives, including its MediaStation, DataStation, Data
To Go and GigaBank™ products). The Company
sells products under three brand names -- I/OMagic®,
Hi-Val® and Digital Research Technologies®
-- through nationally-recognized computer, consumer electronics and
office supply superstores and other retailers.
Forward-looking statements in this release with respect to the
anticipated shipment date and sale price of the Company's new GigaBank
750GB device, as well as product performance, are made pursuant to the
safe harbor provisions of the Private Securities Litigation Act of 1995.
Investors are cautioned that such forward-looking statements involve
risks and uncertainties including, but not limited to, the Company's
dependence on the PC and consumer electronics industries and on product
lines based on new technologies; the Company's ability to develop new
products based on new or evolving technology and the market's acceptance
of those products; manufacturing capacity, availability and reliability;
competition and pricing pressures in the technology industry; general
economic and business conditions; and other risks detailed from time to
time in the Company's periodic reports filed with the Securities and
Exchange Commission.
