OSLO, Norway, and OAKDALE, Minn. -- (February 13, 2001) Tandberg Data ASA (OSE:TAD) and Imation Corp. (NYSE:IMN) today announced two new additions to the award-winning SLR (Scalable Linear Recording) product group - the Tandberg SLR7 tape drive and data cartridge. The new SLR7 tape drive stores up to 40GB of data and features a 21.6GB per hour (6MB per second) transfer rate (capacity and transfer rate assume 2:1 data compression). As with previous generation SLR tape drives, the SLR7 features a 5.25-inch half-height form factor to ensure easy integration and scalability. Imation’s new SLR7 tape cartridges, offers 40GB of compressed storage capacity. "The introduction of the new low cost SLR7 tape drive, combined with its scalability to higher performance SLR tape drives, and backward compatibility with previous generations of SLR5 tape drives, gives customers a unique growth opportunity with the proven, highly reliable SLR technology," said Morten Trehjorningen, Corporate VP of Sales & Marketing, Tandberg Data. Trehjorningen added "With the end of the DDS roadmap at 20GB, SLR7 technology is the perfect alternative, offering best in class price/performance value, as well as the security of being able to scale to higher capacity and performance SLR tape drives which also meet customers future needs." The SLR7 tape drive and cartridge provide a complete, data backup, file transfer and archiving solution for IT systems and network environments demanding high performance tape storage at an extremely affordable price. This product carries the proven high reliability of SLR technology, while extending the range of the scalable and backward-compatible SLR technology into the entry-level markets and upwards.