SanDisk and Trek Forge Handshake

SanDisk Corporation and Trek 2000 International Ltd
announced both companies have mutually agreed to
settle their existing disputes by entering into cross licensing
agreements. This will enable both companies to work closely together in
future through strategic alliances to mutually benefit both parties.

This development will not impact either company’s financial performance in 2007 fiscal year.

SanDisk Corporation

Trek 2000 International Ltd