Business Wire: PowerFile and Ingram Micro Inc. Announce Distribution Agreement; Ingram Micro to Distribute PowerFile C200, the Worlds' First IEEE-1394 Firewire DVD/CD Changer

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PowerFile and Ingram Micro Inc. Announce Distribution Agreement; Ingram Micro to Distribute PowerFile C200, the Worlds' First IEEE-1394 Firewire DVD/CD Changer

Business/Technology Editors

MACWORLD Expo NY 2000

BOOTH 479

NEW YORK--(BUSINESS WIRE)--July 18, 2000

New Partnership Combines PowerFile's Technology and Innovation

with Ingram's Extensive Distribution Channel

PowerFile today announced the signing of an agreement with Ingram Micro Inc, world's largest wholesale provider of technology products and services.

Under the terms of the contract, Ingram Micro will have full distribution rights in the U.S. to existing and future PowerFile(TM) products, including the PowerFile C200 DVD/CD Changer.

Effective immediately, Ingram Micro will begin distributing the PowerFile C200 DVD/CD Changer.

"This relationship is a key component of our operating strategy: to align with industry leaders in distribution to broaden the reach of our core technologies and products", said Chris Stevens, CEO of PowerFile.

"This agreement maximizes the strengths of both companies", said Rick Sigman, Vice President, Sales, PowerFile. "Ingram's strength in distribution and PowerFile's technology leadership is a great combination that will help PowerFile's innovative products reach a much broader market spectrum".

The unique 200 disc, IEEE-1394 FireWire(TM), peripheral includes two DVD-ROM drives and provides about a terabyte of storage space for a suggested retail price of $1,799. The PowerFile C200 DVD/CD Changer gives users the ability to safely store, manage and share a wide variety of productivity media across a network. In addition to being the only FireWire DVD/CD Changer on the market today, the C200 includes client/server management software for the Macintosh(TM) and Windows(TM) at no additional cost.

Also available is the PowerFile-Cumulus 5 bundled solution, integrating the C200 DVD/CD Changer with Canto's Cumulus 5 Digital Asset Management software.

The combination of PowerFile's digital storage solution with Canto's market leading asset management tools provides a truly reliable, low cost near-line solution for effectively managing digital assets such as images, text, audio and video files.

"Over the past several months, PowerFile has developed and implemented a channel strategy aimed at meeting the needs of both our customers and resellers" said Rick Sigman. "We are delighted to work with Ingram and believe this relationship will help us grow the market opportunities for our innovative products. We are excited to be able to offer and provide Apple and PC resellers with a totally new and innovative product which not only enhances their product lines, but also delivers a complete yet affordable near-line storage solution to the customers.

Resellers in all markets including Publishing, Pre-Press, Graphics Arts, Advertising, Digital Media, Medical, Legal and education will now have easier access to our products".

About Ingram Micro Inc.

Ingram Micro Inc., headquartered in Santa Ana, California, is the world's largest wholesale provider of technology products and services. Operating in 34 Countries, Ingram Micro Inc. (NYSE:IM) is the world's largest wholesale provider of technology products and services, with sales exceeding $29 billion for the past four quarters. Ingram Micro is driving the evolution of wholesale distribution for the information technology industry and is the operation's engine behind leading global e-businesses today.

About PowerFile

PowerFile was founded by consumer electronics industry veteran Chris Stevens. The company has extensive experience in automated disc changers and pioneered the first graphical user interface for large capacity disc players. Leveraging the company's experience in the data storage and consumer electronics industries, its mission is creating innovative solutions that effectively leverage emerging technologies. PowerFile is privately funded by Escient Technologies, LLC, a management company with three subsidiaries and an affiliate, all of which focus on the convergence of the Internet with innovative technologies.

For detailed pricing and product information call 1.877.8 DVD NOW or visit PowerFile's website at www.dvdchanger.com

Macintosh and FireWire are registered trademarks of Apple Computer, Inc. Windows is a registered trademark of Microsoft, Inc. Cumulus 5 is a registered trademark of Canto, Inc.