SanDisk’s Innovations and Leadership Continue to Transform
Industries; SanDisk Employees Celebrate Milestone Through Community
Volunteering Activities Across the Globe
NEW YORK--(BUSINESS WIRE)--
NASDAQ MARKETSITE – SanDisk
Corporation (NASDAQ: SNDK),
a global leader in flash memory storage solutions, today commemorates
its silver anniversary by ringing The NASDAQ Stock Market Opening Bell.
The event is the latest in a series of 2013 activities that mark the
transformative impact SanDisk’s technologies have had on businesses and
consumers over the past quarter century. SanDisk’s anniversary
celebrations also include the company’s 5,000-person workforce
volunteering in charitable programs throughout the year in all countries
in which SanDisk operates.
From launching the world’s first solid state drive (SSD)1 in
1991 to introducing the industry’s multi-level cell (MLC) flash
technologies using two bits (X2) and three bits (X3) per cell2,
SanDisk’s innovations have driven dramatic transformations across the
electronics industry. SanDisk’s flash memory innovations have enabled
new markets and devices from digital photography to USB drives to smart
phones, tablets and thin-and-light notebooks. Today, SanDisk is bringing
flash memory to enterprise storage and transforming the data center.
“When Eli, Jack and I started SanDisk in 1988 we knew flash memory had
great potential,” said Sanjay Mehrotra, SanDisk’s co-founder, president,
chief executive officer. “The company’s growth and impact have far
exceeded our expectations. While we reflect upon the many achievements
and milestones, SanDisk’s employees are focused on creating the
technology and solutions that will drive the next 25 years of industry
transformation and value for our shareholders. SanDisk is celebrating
this milestone by continuing its long tradition of community service.
I’m proud that our employees are committed to achieve 100 percent
participation in volunteer programs in 2013, a goal we are well on our
way to reaching.”
In the past decade, the SanDisk Foundation has donated over $21 million
to almost 1,000 charitable organizations worldwide, and the company has
been recognized as one of the top 20 most generous corporate
philanthropists in the San Francisco Bay Area3. Education is
one of the focus areas for the SanDisk Foundation, and SanDisk’s
Scholars Program is making a difference by supporting students pursuing
careers in science, technology, engineering and math (STEM).