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Plasmon Unveils udo.com Website with HP

Storage Industry Site Provides Education and Collaborative Resource to IT Community

COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Aug. 2, 2004-- Plasmon, (LSE: PLM) the market leader for professional data archival solutions, today formally unveiled the UDO.com website with co-sponsor HP. The UDO.com storage industry website is designed to provide the IT community with an independent forum for sharing information about UDO(TM) (Ultra Density Optical) technology.
As an industry portal, UDO.com serves as an unbiased resource for UDO news, white papers, technical product information and events. Contributors are encouraged to post materials on optical storage, to participate in storage archiving and compliance discussions, and to learn how to incorporate optical storage into their Information Lifecycle Management (ILM) strategies.

"With the increasing demand for UDO technology, a wide audience, including IT managers, independent software vendors and systems integrators, benefits from the wealth of information available on this site," said Nigel Street, CEO of Plasmon. "UDO.com provides an objective, educational forum on the new professional optical storage standard."

"We are pleased to be a co-sponsor with Plasmon of the UDO.com website," said Bob Wilson, vice president of Nearline Storage, HP. "UDO is a key component in the HP Information Lifecycle Management strategy, which combines HP's broad portfolio of HP StorageWorks technologies - including disk, tape, optical and software - to provide customers with comprehensive ILM solutions that enable cost-effective management of data from creation to deletion. UDO.com should help accelerate the adoption of this exciting new technology."

About UDO

UDO features blue laser recording rather than the red lasers used in previous optical drives such as MO and DVD. Blue lasers achieve far greater data densities, resulting in dramatically higher media capacities. First generation UDO products will have a capacity of 30GB, with capacity reaching 120GB by the third generation. Drive and media capacity are scheduled to double every 18 to 24 months. The densities achieved through blue lasers allow UDO to be priced at $2.00/GB in the first generation, one-fifth the price of MO media.

UDO media is packaged in an ISO standard 5.25 inch cartridge, allowing UDO and MO media to be supported in the same libraries, and reducing the cost of existing media migration. Future UDO drives will be backward read-compatible, minimizing future media migration expense.

The Phase Change recording technology used by UDO is field-proven and highly stable. With absolute authenticity and a media life of 50+ years, UDO meets the most demanding requirements of regulatory agencies and other authorities for the secure, long-term storage of information.

About Plasmon

Plasmon is the world leader in professional archival solutions, providing a comprehensive line of optical libraries, drives and media. Customers include corporations, institutions and government agencies worldwide and are backed by a global service and support network. Founded in 1985, Plasmon is listed on the London Stock Exchange, (LSE: PLM), and had fiscal year 2004 sales revenues of $90 million. Worldwide headquarters are in Cambridge, England with US Sales and Manufacturing based in Colorado. Plasmon has regional sales offices throughout Europe and North America. For more information, visit www.plasmon.com or www.plasmon.co.uk.

Plasmon and UDO are registered trademarks of Plasmon Plc. Copyright 2003.

Contacts


Plasmon
Dave DuPont, 720-873-2508
dave.dupont@plasmon.com
or
Schwartz Communications, Inc.
Jennifer Viera/Jennifer Spark, 781-684-0770
plasmon@schwartz-pr.com

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