Cornice today announced that it has demonstrated perpendicular recording technology (PMR), a new hard drive technology that will double today’s capacities based on vertical recording. Cornice will apply PMR to its next-generation products and expects a majority of its drives to use this technology starting the second half of 2006.

Cornice Inc. —an innovator in consumer storage solutions — today announced
that it has demonstrated perpendicular recording technology (PMR), a new hard
drive technology that will double today’s capacities based on vertical
recording. Cornice will apply PMR to its next-generation products and expects a
majority of its drives to use this technology starting the second half of 2006.

“The increase in availability and distribution of digital content, coupled with
the growing desire to store it, is driving the demand for higher-capacity
storage in consumer electronics,” said Martin Lynch, Cornice executive vice
president and chief operating officer. ”Cornice has demonstrated advanced
perpendicular technology and will remain on the cutting-edge in terms of its
storage products. In fact, Cornice’s mechanics and electronics are already
capable of supporting PMR, so we are ready for PMR integration in our
nextgeneration products.”

About Perpendicular Recording
Longitudinal recording aligns the data bits horizontally, parallel to the
surface of the disk. In contrast, perpendicular recording aligns the bits
vertically, perpendicular to the disk, which allows additional room on a disk to
pack more data, enabling higher recording densities. Perpendicular recording
enables improved ability of a bit to retain its magnetic charge, a property
called coercivity. Since perpendicular recording is technically the closest
alternative to longitudinal recording, it is enabling the industry to capitalize
on current knowledge while delaying the superparamagnetic effect.

Cornice will be showcasing the new Dragon Series storage at the International
Consumer Electronics Show from January 5 – 8, 2006, at the Las Vegas Convention
Center (South 4 Hall, booth 35579).