Verbatim Acquires SmartDisk Assets

Fort Myers, Fla., June 14, 2007 -- SmartDisk Corporation, a provider of portable, network and multimedia storage products and technologies, announced today that its Board of Directors has approved a proposal for the sale of substantially all of its assets to Verbatim Corporation, a wholly-owned subsidiary of Mitsubishi Kagaku Media Corporation, contingent upon stockholder approval and other customary conditions.
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Settlement reached in hard-disk capacity litigation. For more information, go to www.smdkcorp.com.

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