Imation Showcases Storage Products at GSA Expo 2009

06.09.2009

Highlights storage solutions available on its GSA schedules for government agencies' data storage, backup, archival and security needs

SAN ANTONIO--(BUSINESS WIRE)--Jun. 9, 2009-- Imation Corp. (NYSE: IMN) will showcase its suite of storage products available on its General Services Administration (GSA) schedules in booth 2443 at GSA Expo 2009, today through Thursday, at the Henry B. Gonzalez Convention Center in San Antonio. GSA is the federal government’s preferred source for quality commercial products and services, and Expo is GSA’s largest event.

Imation data storage products and services simplify and streamline the process for its federal agency buyers, allowing government IT staff to focus on achieving their missions, rather than specifying storage technology. Further supporting government IT professionals, the National Media Lab (NML) functions as an independent and unbiased source for data storage consulting and information lifecycle management services. Based in an R&D facility at Imation’s world headquarters in Oakdale, Minn., the lab is designed to support unique government requirements and is managed by storage experts who analyze and resolve data issues, customize storage solutions, and develop next-generation storage technology.

“Having offered products on the GSA schedule and worked with government agencies as a partner, consultant and supplier for many years, Imation thoroughly understands the storage needs of government IT departments,” said Keith Schwartz, director of global strategic growth and public sector, Commercial Business, Imation. “Our strong portfolio of products and services features the latest storage technologies to help our government agencies solve their various data backup, archive, recovery and security issues throughout the information lifecycle.”

GSA contract holders, like Imation and many of its dealers and resellers, must include only Trade Agreements Act (TAA)-compliant products on their schedule. At GSA Expo 2009, Imation will showcase its various TAA-compliant storage solutions and will unveil a 32GB version of its Swivel Flash Drive, further extending its line of flash products available for the GSA schedule. The Imation Swivel Flash Drive is a compact and powerful flash device that features a “never lose” swivel cap and a sophisticated, professional design. Imation also will offer an expanded external hard drive (EHD) line to include additional capacities and form factors for laptop and desktop users who require seamless back up and data mobility.

Imation will showcase the following products at GSA Expo 2009:

* Imation S-Class Solid State Drives (SSDs) and Upgrade Kits feature lightning-fast performance in an energy efficient, affordable solution. The S-Class SSDs with Upgrade Kits offer progressive users a complete, easy way to upgrade an existing Hard Disk Drive (HDD) computer system to one that is SSD-based, without buying a new computer.
* Imation RDX is a low-end tape replacement solution that includes a high-capacity, rugged and removable 2.5-inch HDD cartridge as well a docking station with USB and SATA connections. Offering easy and reliable backup, data security and expandable storage, RDX is currently available in 160GB and 320GB capacities. Imation DataGuard rf™ Tape Tracking System brings the range, reliability and accuracy of RFID (radio frequency identification) to tape storage. With its patent-pending RFID Volume and Serial Number (Vol-Ser) Labels, Imation combines proven technology into one robust and secure label that incorporates RFID technology, Vol-Ser number identification and advanced ultra-high frequency (UHF) support with an open system that works with any tape management platform.
* Imation Apollo™ Portable Hard Drive portfolio includes the Apollo UX, an ultra-slim 2.5-inch USB hard drive for mobile users, combining high capacity, performance and design. Featuring a durable midnight black-brushed surface with chrome detailing, Apollo is just over half an inch wide, and weighs only 0.35 pounds for the ultimate in portable storage and back-up. It’s available with 320GB or 500GB of capacity. For laptop users, the 2.5-inch Apollo Expert UX is a pocket-sized, portable hard drive with an integrated swivel foot, one-touch backup capabilities and 500GB capacity. For desktop users, the Apollo Pro UX is a 3.5-inch desktop hard drive with configurable one-touch backup software in capacities up to 1TB.
* Imation’s portfolio of USB flash drives, including the Swivel Flash Drive, as well as the Pivot and Pivot Plus Flash Drives are built to last with a wide range of styles, capacities and security levels. The drives are designed to meet the portable storage needs of the most discerning user.

To Purchase Imation Odyssey Products Visit http://www.odysseybackup.com

Imation Promotes CFO Paul R. Zeller to Senior Vice President

05.12.2009
Imation Promotes CFO Paul R. Zeller to Senior Vice President

OAKDALE, Minn.--(BUSINESS WIRE)--May. 12, 2009-- Imation Corp. (NYSE:IMN) today announced the promotion of Paul R. Zeller to the position of senior vice president and chief financial officer (CFO). Zeller was most recently vice president and CFO for Imation, a position he has held since August 2004. Zeller, with more than 27 years in the finance field, has responsibility for all aspects of Imation’s global corporate finance functions. Additionally, Zeller has responsibility for the company’s global information technology (IT) function and office administration.

Paul has made significant contributions to Imation not only through his leadership of Imation’s finance, IT and office administration areas worldwide, but also through his work as a core member of our senior strategy team at Imation,” said Frank Russomanno, vice chairman and chief executive officer of Imation. “As part of our transformation to a brand and product management company, Paul has been integral to the evaluation and execution of key strategic business acquisitions Imation began in 2006, including Memorex, the TDK media business, Memcorp and XtremeMac. We are very fortunate to have such a seasoned and well respected CFO on Imation’s senior executive team.”

Prior to his 2004 appointment to CFO, Zeller was vice president and corporate controller for Imation, with responsibility for all Imation global financial operations. He first joined Imation as part of 3M Company in 1986, and held a variety of leadership positions of increasing responsibility in the companies’ finance organizations. Zeller holds a bachelor's degree in accounting from the University of Minnesota.


To Purchase Imation Odyssey Products Visit http://www.odysseybackup.com

Imation Celebrates Green Technology at EcoFocus

04.29.2009

Environmentally-Friendly Imation Earthwise Remanufactured Toner Cartridges, SSD Drives and Upgrade Kits, and USB Flash Drives Help Users Preserve Mother Nature

NEW YORK--(BUSINESS WIRE)--Apr. 29, 2009-- Imation Corp (NYSE:IMN) will showcase several of its environmentally-friendly products at the Pepcom EcoFocus press event today from 6 to 9 p.m. EDT at the Metropolitan Pavilion in New York. Imation products designed to reduce users’ impact on the environment include Imation Earthwise™ remanufactured toner cartridges, Solid State Disk (SSD) drives and Upgrade Kits, and the award-winning Atom Flash Drive.

“There are small steps that we all can take every day to preserve the earth and its resources, and Imation is committed to making a difference whenever possible,” said Tom Lally, Vice President, Americas Commercial Business for Imation. “Several of our products offer users the opportunity to go green, from Imation Earthwise toner cartridges that reduce the amount of waste and chemicals filling landfills, and Solid State Disk products that not only reduce heat and power consumption, but also give your old computer a performance boost, to USB flash drives that decrease paper consumption through less reliance on sharing materials in hard copy.”

Imation Earthwise Toner Cartridges

Using remanufactured toner is among the simplest ways to help the environment, and Imation Earthwise toner cartridges deliver original manufacturer quality at up to 50 percent savings. Each Imation Earthwise toner cartridge begins with a reused plastic shell, and contains a new printer drum, new toner, and other reconditioned or replaced parts. Imation Earthwise toner cartridges are packaged in cartons made from no less than 80 percent post-consumer recycled materials. Each cartridge saves approximately three pounds of waste from filling landfills and the equivalent of three quarts of petroleum by not manufacturing a new cartridge. A four-point recycling program further reduces the effect on Mother Nature.

Imation also has published a white paper, available today, focusing on the environmental benefit of Imation Earthwise toner cartridges. It is available for download on Imation.com.

Monochrome HP-Compatible, Color HP-Compatible and Monochrome Canon-Compatible cartridges are available to accommodate a wide variety of user needs for manufacturer’s suggested retail prices (MSRPs) ranging from US $41.99 to US $265.59.

Imation SSD Drives and Upgrade Kits

Because SSD drives don’t have motors or moving parts, a computer that uses SSD consumes less power and gives off less heat than a traditional Hard Disk Drive (HDD) system, making it better for the environment. In a related announcement, today Imation announced the availability of its M-Class and S-Class SSD drives and Upgrade Kits, offering progressive users a complete, easy way to upgrade an existing HDD computer to one that is SSD-based, without buying new hardware. Imation SSDs deliver faster and more reliable storage and retrieval with reduced heat and noise generation. The energy-efficient controller technology runs on about half the power needed to run an HDD, and less heat requires less energy to keep it cool.

Imation SSD drives are available in 32GB, 64GB and 128GB capacities for a starting MSRP of US $189.99 for M-Class and US $659.99 for S-Class. Imation SSD Upgrade Kits including a 64GB or 128GB SSD drive are available for a starting MSRP of US $299.99 for M-Class and US $1,299.99 for S-Class.

Imation Atom Flash Drive

The award-winning Atom Flash Drive is Imation’s smallest USB flash drive, offering the most compact way to store and transport important documents, rather than printing and filing them. Measuring less than 1.25-inches by half an inch, the Atom conserves on raw materials needed for manufacture. Its unique ultra-compact design, high performance and storage capacities, combined with password protection and partitioning software, make the Atom Flash Drive ideal for environmentally-aware users on the go. It also uses 10 percent of the power of a CD or DVD drive for backing up important files.

To Purchase Imation Odyssey Products Visit http://www.odysseybackup.com

Imation Ships New M-Class and S-Class

04.29.2009

Imation Ships New M-Class and S-Class SSD Drives and All-in-One Upgrade Kit; Products Designed to Unleash the Performance of Your Computer

MLC- and SLC-Based SSDs Combine Sleek, Yet Rugged Design; Kit Offers Easy, Economical Way to Upgrade

OAKDALE, Minn.--(BUSINESS WIRE)--Apr. 29, 2009-- Imation Corp. (NYSE:IMN) today announced it is shipping its highly anticipated M-Class and S-Class Solid State Drives (SSDs) in the Americas, boasting lightning-fast performance in an energy efficient, affordable solution. Also available are Imation’s M-Class and S-Class SSDs with Upgrade Kits, offering progressive users a complete, easy way to upgrade an existing Hard Disk Drive (HDD) computer system to one that is SSD-based, without buying a new computer. The Upgrade Kit provides PC users an affordable solution from a trusted brand for improving performance and extending the life of their PCs, a much-needed boost in today’s economic environment.

Imation’s high-quality, second-generation SSD products combine powerful technology with an elegant design that helps users upgrade from traditional computing performance. Both the Imation M-Class and S-Class SSD products deliver fast boot times, enable applications to load in a fraction of the traditional time, and harness the power to run graphics and design programs the way they were intended. Along with the unique Imation Upgrade Kit, users can take advantage of the latest SSD technology without replacing system hardware and while preserving their current applications and data.

“We recognize that users have many choices when it comes to SSDs. Those who demand speed and performance in a high-quality, rugged solution can trust Imation SSD drives to enable the computer to keep pace with the latest applications and enhance the user experience,” said Subodh Kulkarni, vice president, Global Commercial Business, Imation. “However, we are also very aware that today’s users want to extend the life of their computers, both for environmental and economic reasons. A computer that uses SSD consumes less power and gives off less heat, making it more environmentally-friendly. Therefore, Imation makes it easy to retrofit a traditional HDD system with an SSD drive for a fraction of the cost, extending the life of the system, but still enabling the user to consistently get better performance from their computer.”

Designed for the power user who demands faster performance; the custom developer designing systems for kiosks, mobile applications or harsh environments; and the IT manager looking to leverage their current systems but increase power; the advantages of Imation’s high-quality SSD technology over traditional HDDs are clear. Featuring balanced superior performance without motors or moving parts, Imation SSDs deliver faster and more reliable storage and retrieval than traditional HDDs with reduced heat and noise generation. The energy-efficient controller technology runs on about half the power needed to run an HDD, and less heat requires less energy to keep it cool.

For HDD users who want a simple way to push the performance edge, Imation’s SSD with Upgrade Kit enables an easy retrofit of an existing system to a high-performance machine at a fraction of the cost of replacing the entire system. The kit includes everything needed to make the transition to the latest SSD technology a snap. Laptop kits include the 2.5-inch SSD drive, Acronis® True Image HD™ imaging software for fast data transfer and backup and easy-to-follow instructions, along with a USB-to-SATA or SATA-to-SATA connector cable, power cable or power adapter. Desktop kits include the 3.5-inch SSD drive, the Acronis® True Image HD™ imaging software power and easy-to-follow instructions, along with a SATA connector and power cable or adapter.


To Purchase Imation Odyssey Products Visit http://www.odysseybackup.com

Imation Showcases RFID Technology at RFID Journal LIVE! 2009

04.27.2009

DataGuard rf(TM) Tape Tracking System Brings the Range, Reliability and Accuracy of RFID to Tape Storage; RFID Vol-Ser Labels and Open Interface Works with any Tape Management Platform to Ensure Data is Always Protected

ORLANDO, Fla.--(BUSINESS WIRE)--Apr. 27, 2009-- Bringing the range, reliability and accuracy of RFID to tape storage, Imation Corp. (NYSE: IMN) will showcase its DataGuard rf™ Tape Tracking System at the seventh-annual RFID Journal LIVE! 2009 conference and exhibition, April 27-29, in Orlando, Fla., in the Motorola Booth #215.

Media security within a data center is critical. The DataGuard rf system is a design and engineering breakthrough that ensures accurate, reliable media tracking to ensure sensitive information is protected at all times. With its integrated patent-pending DataGuard RFID Volume and Serial Number (Vol-Ser) Labels, Imation combines proven technology into one robust and secure label that incorporates RFID technology, vol-ser identification and advanced ultra-high frequency support that works with any tape platform. The labels are designed for high-capacity data center tapes including LTO, Sun StorageTek, and IBM formats, and come complete with a custom antenna. With a read range of up to six feet for a single cartridge and up to two feet for a case of 20 cartridges, tape cartridges protected with the DataGuard rf system can be shipped worldwide with a single tag type. Fully electronic product code (EPC)-compliant, the labels also meet the environmental drop, abrasion and load/unload industry stands for data center libraries.

The DataGuard rf system uses a dual-functioning Motorola 9090G handheld reader that reads both the integrated RFID labels, as well as existing bar codes, so IT managers can immediately begin using the system as they transition their library to RFID labels. Imation's DataGuard rf handheld software also easily integrates with any existing tape management system a customer may have.

In addition to its tape tracking system, Imation will also demonstrate its DataGuard™ transport and storage cases that provide the lifelong storage, transport and protection that users need. The easy-to-spot bright yellow DataGuard transport cases provide up to four times the shock protection of other transport methods with durability that lasts a lifetime.

“Moving terabyte capacity cartridges filled with irreplaceable information demands the ultimate in protection. The DataGuard rf tape tracking system, complete with Motorola’s 9090G reader and integrated RFID vol-ser labels, provides the easiest, most accurate RFID tape tracking system on the market today,” said Tom Lally, vice president, Americas Commercial Business for Imation. “With our open-interface Imation software that syncs with any existing tape management system, data center managers can experience all the benefits of RFID without any change to their existing tape system.”

See how easy it is to reduce risk, increase reliability and improve efficiency in the data center by viewing Imation’s DataGuard rf system video at http://www.imation.com/en/Imation-Products/Tape-Cartridges--Accessories/DataGuard-rf-Tape-Tracking-System/. Imation’s DataGuard rf tape tracking system, labels and cases are available through authorized distributors, wholesalers, resellers and e-tailers in the Americas.



To Purchase Imation Odyssey Products Visit http://www.odysseybackup.com

Imation Reports Q1 2009 Revenue of $426.2 Million

04.22.2009

OAKDALE, Minn.--(BUSINESS WIRE)--Apr. 22, 2009-- Imation Corp. (NYSE:IMN) today released financial results for the quarter ended March 31, 2009.

Key points for Q1 include the following:

* Revenue of $426.2 million was down 19.7 percent compared with Q1 2008 revenue of $530.9 million driven by continued economic softness.
* Operating loss of $7.4 million and diluted loss per share of $0.31 in Q1 2009 compared with operating income of $19.5 million and diluted earnings per share of $0.29 in Q1 2008. Operating loss in Q1 2009 included restructuring charges of $5.5 million or $0.10 per diluted share (see table entitled Reconciliation of GAAP to Adjusted Non-GAAP Results below).
* Cash generated from operations in Q1 2009 was $15.7 million and total cash was $103.0 million at March 31, 2009.


To Purchase Imation Odyssey Products Visit http://www.odysseybackup.com

Imation Reports Q1 2009 Revenu of 426.2 Million

04.22.2009

OAKDALE, Minn.--(BUSINESS WIRE)--Apr. 22, 2009-- Imation Corp. (NYSE:IMN) today released financial results for the quarter ended March 31, 2009.

Key points for Q1 include the following:

* Revenue of $426.2 million was down 19.7 percent compared with Q1 2008 revenue of $530.9 million driven by continued economic softness.
* Operating loss of $7.4 million and diluted loss per share of $0.31 in Q1 2009 compared with operating income of $19.5 million and diluted earnings per share of $0.29 in Q1 2008. Operating loss in Q1 2009 included restructuring charges of $5.5 million or $0.10 per diluted share (see table entitled Reconciliation of GAAP to Adjusted Non-GAAP Results below).
* Cash generated from operations in Q1 2009 was $15.7 million and total cash was $103.0 million at March 31, 2009.

To Purchase Imation Odyssey Products Visit http://www.odysseybackup.com