PNY Technologies Press Release 12/02/04

PNY Introduces Optima Secure Digital and Higher Performing Optima CompactFlash Cards; High-Speed Removable Storage Cards for Portable Digital Devices Capture Information Faster

LAS VEGAS—(Business Wire)—Feb. 12, 2004 Professional photographers and photo enthusiasts alike can capture and transfer images faster with PNY Technologies’ high-speed, Optima(TM) Secure Digital(TM) (SD) and Optima CompactFlash(TM) (CF) cards. Announced today at PMA, PNY’s new Optima SD and CF cards store digital information at blazing, sustained write speeds of up to 5 (33X) and 6 (40X) megabytes per second (MBps), respectively.

According to Paul Wasek, PNY senior marketing manager for flash media and peripherals, “As the emergence of higher performance cameras and other flash supported electronics devices evolve; PNY will support demands of higher speed memory cards. PNY’s Optima SD and CF are ideal for `prosumers’ looking to quickly store or transfer large amounts of data, images, music or video commonly shared among the most popular, portable digital devices such as digital cameras, audio players and cell phones.”

PNY Technologies high-speed Optima SD cards will be available in 128MB and 256MB storage capacities, while its Optima CF cards will support 128MB to 1GB. All PNY Optima SD and CF cards will be available for purchase in the second quarter of 2004 from distributors and specialty photo dealers in the United States and Europe. Optima SD will carry an MSRP of $89.99 and $119.99, respectively while Optima CF cards will carry MSRP’s of $69.99, $89.88, $169.99 and $329.99, respectively.

PNY offers a full line of digital media solutions to meet a range of professional and amateur needs. PNY’s digital media product line includes: the PNY Optima CompactFlash Professional Series, CompactFlash cards, Secure Digital cards, SmartMedia(TM) cards and MultiMedia(TM) cards as well as single and multi slot USB 2.0 card readers and PCMCIA adapters.

About PNY Technologies, Inc.

Established in 1985, PNY Technologies, Inc. is a leading supplier and marketer of Verto(R)-brand consumer graphics cards and NVIDIA Quadro(TM) by PNY graphics boards for workstation professional applications. The company also offers a full line of high-end memory upgrade modules, flash media, UBS flash drives, readers and adapters. Its memory products currently account for a majority share of all retail sales in the U.S. PNY maintains facilities in North America (Santa Clara, Calif. and Parsippany, N.J.), Europe (France, United Kingdom, Germany) and Asia (Taiwan). For additional information, please visit the company’s Web site at http://www.pny.com.