SmartDisk's FlashPath Technology Incorporated in Sony's Memory Stick Floppy Disk Adaptor

Business Wire, Feb 3, 2000

Business Editors/High Tech Writers

NAPLES, Fla.--(BUSINESS WIRE)--Feb. 3, 2000

SmartDisk Corporation (Nasdaq: SMDK), a company whose products simplify the digital lifestyle, today announced that the Memory Stick(TM) floppy disk adaptor is now available throughout the United States at consumer electronics and photo retailers from Sony Electronics Inc.

&uot;We're pleased that the Memory Stick floppy disk adaptor is now being sold to customers at stores across the country,&uot; said Quresh Sachee, vice president of marketing for SmartDisk. &uot;We've already witnessed consumer enthusiasm for our FlashPath technology, which has sold in excess of one million units in little more than a year. We believe that users of Memory Stick-based digital appliances will also find the floppy disk adaptor design to be a simple interface among PCs and other digital applications such as digital cameras.&uot;

SmartDisk's floppy disk adaptor technology permits the easy transfer of data, images and audio to and from flash memory cards via a PC's 3.5-inch floppy disk drive. The device for Sony, which is called the Memory Stick/Floppy Disk Adaptor, works with all Memory Stick capacities. In addition to retail outlets, it is available directly from Sony.

About SmartDisk Corporation

SmartDisk Corporation's products simplify the transfer of images, music, voice and data among personal computers, the Internet and digital appliances that use flash memory cards and/or smart cards. The company's objective is to use its proprietary and patented technologies to capitalize on the growing demand for digital devices and increased usage of the Internet. SmartDisk's investors include Toshiba, Hitachi, NEC, SanDisk, SCM Microsystems and others. For more information, go to www.smartdisk.com.

This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although SmartDisk Corporation believes the expectations contained in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct. These statements may involve risks and uncertainties that could cause actual results to differ materially from the expected results. Such risks include, but are not limited to, the risk factors described in SmartDisk's Registration Statement on Form S-1 and in other reports and periodic filings made from time to time with the Securities and Exchange Commission.