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Kingston Technology Celebrates 20 Years of Memory
Founders John Tu and David Sun Mark Two Decades in Tumultuous Industry
17 October 2007: Kingston Technology Company, Inc., the independent world leader in memory products, today announced it is celebrating
20 years in business. Founded on this date in 1987 with a single memory solution to an industry shortage, Kingston® now sells over 2,000 memory products
and reached record company revenues of US$3.7 billion in 2006.
Kingston co-founder, John Tu says: “20 years ago, David and I went through a catastrophic financial disaster and out of this dark time, Kingston was
born. Neither of us could envision what Kingston would be 20 years later. We still feel we have that ‘start-up’ spirit today. David and I think this
company is unique. I can only attribute this to all the dedicated employees who work here at Kingston.”
Fellow co-founder, David Sun comments: “Kingston has grown and succeeded as a result of the efforts of our employees, vendors, and customers who together
have made this company what it is today. These partnerships have seen us through good times and tough markets and the relationships we have developed
over the past 20 years will endure for decades to come.”
Kingston Technology first introduced alternative Single In-Line Memory Module (SIMM) in 1987. In 1999, the company diversified its product range and
introduced ValueRAM® memory for white box system builders, which in 2002 was followed by the launch of the HyperX® line of high-speed memory for gamers
and PC enthusiasts.
In 2003 Kingston Technology expanded further when pushing into the Flash Memory market. Among the products introduced were CompactFlash®, Secure
Digital™ and MMC cards.
In terms of revenue, Kingston Technology Inc. reached the $1 billion milestone in 1995 with revenues of $1.3B. In 2006 Kingston Technology reached a
record-breaking $3.7B in revenues.
Kingston Technology now employs more than 4,000 people worldwide and ships its products to 3,000 locations in over 100 countries across the globe.
About Kingston Technology
Founded in 1987, Kingston Technology Company, Inc. is the world’s largest independent manufacturer of memory and digital media products. Kingston
Technology operates manufacturing facilities in Malaysia, Taiwan, China and Fountain Valley, California. Kingston’s back-end processing facility
supports memory test and logistics. Kingston Technology 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 Technology, visit: www.kingston.com/europe
For further information and interview opportunities, please contact:
For additional information, please contact:
David Matthews/Annie Kasmai/Kate Bonner
Catalysis PR
+44 (0)20 7101 7300
david.matthews@catalysis.co.uk /
annie.kasmai@catalysis.co.uk /
kate.bonner@catalysis.co.uk
Brigitte Haas
Kingston Technology
Tel: +44 (0)1932 738813
Fax: +44 (0) 1932 738811
Email: bhaas@kingston-technology.com
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