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Press Release: January 23, 2007

PLEXTOR REAFFIRMS COMMITMENT
TO OPTICAL DISC DRIVE BUSINESS

New Product Development and Retail Sales to Continue


FREMONT, Calif. January 23, 2007 - Plextor® LLC, a leading developer and manufacturer of high-performance digital media equipment, today reaffirmed its commitment to the optical disc drive business in North and South America. On January 19, 2007, Shinano Kenshi Co., Ltd., the parent company of Plextor, announced plans to perform a corporate reorganization to streamline Plextor's optical drive business to enhance operating efficiencies.

“This announcement by Shinano Kenshi will have no material affect on the operations of Plextor LLC, as we already completed a corporate reorganization in North and South America last year. Our business will continue as usual,” said Toru Nakazawa, President of Plextor LLC, USA. “It is unfortunate that an incorrect translation of a Japanese article, which contained some errors, has led to the rumor that Plextor is somehow quitting the optical disc drive business. This is completely false. In fact, Plextor plans to continue to lead the market with innovative, exciting products that solve real world problems for our consumer and business customers. We deeply appreciate the loyalty of our customers and valued business partners. And we look forward to many years of future success.”

About Plextor
Plextor LLC is a leading developer and manufacturer of high-performance digital media equipment for professionals, consumers, and enterprises. Headquartered in Silicon Valley since 1990, Plextor has introduced generations of award-winning products, including digital video converters and CD-R/RW, DVD±R/RW, and Blu-ray optical disk drives. Contact Plextor at www.plextor.com.


PlexWriter is a trademark of Plextor Corp. All other trademarks, trade names, registered trademarks, or registered trade names are the property of their respective holders.

Roxio, the Roxio tagline, PhotoSuite, Easy CD & DVD Creator and Easy CD Creator are either trademarks or registered trademarks of Roxio, Inc. in the United States and/or other countries. All other trademarks used are owned by their respective owners.

CONTACT:

Plextor LLC
Michael Arbisi, 727-522-6986
marbisi@plextor.com
or
Welch Communications
Marianne Welch, 408/395-7363
info@welchcommunications.com

 

 

 

 

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