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Kingston Ranked #1 Third-Party Memory Manufacturer by iSuppli Corporation
Kingston Holds Top Spot with 20.9 Percent Market Share

Fountain Valley, CA - (May 6, 2004), -- Kingston® Technology Company, Inc., the world's largest independent memory module manufacturer, was ranked by iSuppli Corporation as the world's number one memory module manufacturer among the third-party memory market.* Kingston now holds the top spot with more than 20.9 percent market share - an increase of 6.4 percent from 2002.

Over the past year, Kingston placed greater emphasis on its ValueRAM™, Flash Memory, and OEM divisions and as a direct result, sales exceeded expectations with each market segment performing exceptionally well. The company also broadened its global production focus and augmented capital investment, revealing plans to increase its manufacturing capacity by significantly expanding production facilities in Shanghai, China.

"By empowering employees to attain their goals and in developing close partnerships with key memory suppliers, we were able to introduce new levels of service and product quality to the memory market in 2003," said John Tu, president, Kingston. "Kingston's philosophy is that our people are the strength of the company. This ensures Kingston customers the best possible products and care - the proof is our success."

"As the top memory module manufacturer, Kingston plays a key role in the technology circles of the PC industry, serving as partners to DRAM component manufacturers; distributors and resellers; PC OEMs and system integrators," said Nam Hyung Kim, principal memory analyst, iSuppli Corporation.

Starting out with only two employees and $120,000 in annual sales for its first year in 1987, Kingston has grown to more than 2,000 employees worldwide and exceeded over $1.8 billion in annual sales for 2003.

Click here for a summary of the iSuppli market share report.

About Kingston Technology Company, Inc.

Kingston Technology Company, Inc. is the world's largest independent manufacturer of memory products. Kingston operates manufacturing facilities in Malaysia, Taiwan, China and Fountain Valley, Calif., including Payton Technology Corp., Kingston's back-end processing facility supporting memory packaging, test and logistics. With the advent of Payton, Kingston supports all memory processing functions from receipt of wafer to completed module. Kingston serves a network of distributors, OEMs, and retail customers in more than 3,000 locations worldwide. For more information on Kingston, call (800) 337-8410, or go to www.kingston.com.

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Editor's Note: For additional information, evaluation units or executive interviews, please contact Heather Skinner, Kingston Technology Company, Inc. 17600 Newhope Street, Fountain Valley, CA, USA 92708, (714) 438-1817.

Kingston and the Kingston logo are registered trademarks of Kingston Technology Corporation. All rights reserved. All other marks may be the property of their respective titleholders.

* Source – iSuppli Corporation, April 2004: H1 2004 DRAM Modules Series DRAM Modules Growing Faster than Chips


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