U.S.-based Millenniata and Imation, a global, scalable storage and data security company, announced today a strategic, marketing and co-branding agreement. Imation will co-brand and distribute Millenniata’s DVD M-DISC™ and the newly developed Blu-ray™ M-DISC. The M-DISC uses a proprietary process of engraving information into a patented inorganic rock-like layer, resistant to light, temperature and humidity, making it an ideal storage solution for valuable digital data such as photos, videos, music and business records.
According to the agreement, Imation, whose optical portfolio includes the Imation™, Memorex™ and TDK Life on Record™ brands, will co-brand the Blu-ray and DVD M-DISCs, which will then be marketed and distributed through Imation’s worldwide sales channels.
“We are very excited to gain Imation as a global partner. Imation is the world’s leading optical media provider and their strength and expertise is unparalleled in the digital storage market,” said Paul Brockbank, Millenniata president and CEO. “This new partnership will be vital in continuing to promote M-DISC as the only permanent storage solution to a growing consumer base around the world.”
“Increasingly, consumers and small business users are concerned about the preservation and protection of their data – which may range from personal photos, videos, and music to business or customer records,” said Greg Bosler, Senior Vice President, Consumer Storage & Accessories, Imation. “As a leader in data storage for more than 60 years, Imation is pleased to add Millenniata’s DVD M-DISC and Blu-ray M-DISC products to our portfolio, and look forward to bringing this innovative optical solution to our customers worldwide.”
Millenniata has become the standard in permanent data storage, creating partnerships with industry leaders Imation, Hitachi-LG Data Storage (HLDS), LG, Acer and RITEK. Millenniata holds five patents. Millenniata’s patented technology, including the M-DISC™ and M-DISC compatible drives, are the world’s first truly permanent digital storage solution. The M-DISC is the first backward compatible non-dye based DVD and Blu-ray optical technology constructed of inorganic materials that are known to last centuries. This combination allows information to be written once and read forever. For more information, visit www.m-disc.com.
Imation (NYSE: IMN) is a global scalable storage and data security company. The Company's portfolio includes tiered storage and security offerings for business and products designed to manage audio and video information in the home. Imation reaches customers in more than 100 countries through a powerful global distribution network and well recognized brands. Additional information about Imation is available at www.imation.com.
Imation, the Imation logo and Memorex are trademarks of Imation Corp. and its affiliates. The TDK Life on Record logo is a trademark owned by TDK Corporation and is licensed exclusively to Imation Corp. All other trademarks are property of their respective owners.
Austin Isbell, 801-746-1648
Sarah McNeil & Associates
Sarah McNeil, 612-205-0795
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here