OAKDALE, Minn. (Mar. 12, 2001) – Imation Corp. (NYSE:IMN) today announced the Company has received two awards recognizing its recent successes in both the retail and e-tail sales channel. At the recent Office Depot 2001 International Sales Meeting and Vendor Show, Feb. 23-25 in Nashville, Tenn., Office Depot presented Imation with the prestigious “International Vendor of the Year” award. In bestowing this honor, officials of Office Depot recognized Imation’s continued use of innovative strategies to increase sales, improve and increase efficiencies, such as sales training and account support, as well as general understanding of and attention to the retail customer. Office Depot is the world’s largest seller of office products with a commitment to serving and meeting the needs of business customers by offering a broad assortment of office supply products and value-added business-to-business service solutions. Also during the recent etailVision event in Coronado Island, Calif., Feb. 11-13, Imation received the “Best of etailVision” award in the category of best vendor presentation. According to etailVision representatives, these awards are recognized as one of the industry’s most prestigious because they are the only channel-specific awards voted on by leading companies in the e-tail market. Winning products and companies were voted on by more than 34 e-tailers after previewing, reviewing and evaluating the latest technology in private boardroom appointments during etailVision Winter 2001. “We’re pleased to accept this recognition on behalf of the Imation employees around the world who are dedicated to Imation and its channel-specific relationships ,” said Steve Carter, general manager of Personal Solutions for Imation’s Data Storage and Information Management business. “This is another example of Imation’s commitment to our worldwide channel partners and the importance of understanding customer relationships in order to reach business goals.”