SanDisk Corp. 140 Caspian Court Sunnyvale, CA 94089 Phone: 408-542-0500 Fax: 408-542-0503 Web Site: http://www.sandisk.comSandisk Corporation was incorporated in Delaware in June 1988 under the name SunDisk Corporation and changed its name to SanDisk Corporation in August 1995.The Company is in the business of flash storage card products. The Company designs, develops and markets flash storage devices used for a variety of consumer electronics products such as digital cameras, mobile phones, Universal Serial Bus, drives, gaming devices, MP3 players and other digital consumer devices. Flash storage allows data to be stored in a compact format that retains the data for an extended period of time after the power has been turned off. The Company's revenues are driven by the sale of products and licensing of its intellectual property. The Company creates new markets for flash memory. Together with Matsushita Electric Industries, Ltd., which owns the Panasonic brand, and a subsidiary of Toshiba Corporation, the Company launched the Secure Digital card, the form factor of flash storage cards. The Company co-owns the Memory Stick PRO format with Sony Corporation, the Company has worked with Canon, Inc., to co-found CompactFlash®, and worked with Matsushita and a subsidiary of Toshiba to co-found the SD card. The Company co-developed miniSD with NTT DoCoMo, Inc., Toshiba and Matsushita, and the Company pioneered TransFlash in collaboration with Motorola, Inc. The Company develops and owns technology and patents for flash memory and data storage cards. The Company owns and controls many patents, know-how and other intellectual property covering the design, manufacture and operation of flash memory and flash memory cards. The Company sells its product to retail and OEM customers. The Company's products are delivered to end-users through approximately 150,000 worldwide retail storefronts and as data storage cards bundled with host products by its OEM customers. The Company markets its products under the SanDisk brand in the retail channel using a direct sales organization, distributors and manufacturers' representatives. The Company also sells directly and through distributors, SanDisk branded and private label products to OEM customers. As of January 1, 2006, the Company had 1,083 full-time employees, including 450 in research and development, 167 in sales and marketing, 208 in general and administration and 258 in operations.