Parsippany, NJ – April 20, 2010 – PNY Technologies®, Inc. (“PNY”) today announced that the company is celebrating 25 years of business excellence.

A global leader in high-speed flash memory cards, USB flash drives, solid state drives, computer memory upgrade modules, as well as consumer and professional graphics cards, PNY serves customers and original equipment manufacturers (OEMs) worldwide. One of the industry’s leading companies, PNY currently holds the #2 market share across all product categories.

Established in 1985, PNY was founded as a basement operation in Brooklyn, NY that bought and sold memory chips. Today, PNY’s products are widely recognized worldwide and available in major retail stores and e-tail sites, including Wal-Mart, Best Buy, Staples, Sears/Kmart, Newegg.com, and Tiger.com. In 2010, PNY was the proud recipient of Wal-Mart’s “Photo Supplier of the Year” Award and “Supplier Award of Excellence.”

“The PNY brand has consistently been synonymous with quality and affordability, and as a company we are very fortunate to have reached this milestone,” said Tony Gomez, vice president of sales and marketing at PNY. “It is quite an accomplishment to be in business for a quarter of a century. This landmark achievement represents PNY’s resilience in an ever-changing and highly-competitive industry, and only lays the foundation for a more prosperous future in the market.”

Over the past 25 years, PNY has played a key role in digitalization and has become an industry leader in memory and computer peripherals; offering a comprehensive product selection and a wide-variety of solutions for consumers.

• 1985: Established in Brooklyn, NY

• 1991: PNY begins manufacturing memory modules

• 1996: PNY achieves worldwide sales of $500 million

• 1997: PNY Electronics is now PNY Technologies and moves to current headquarters in NJ

• 2001: PNY enters graphics card market with partner NVIDIA®

• 2004: PNY expands product line to include USB flash drives and NVIDIA Quadro graphics

• 2007: PNY unveils new company logo

• 2009: PNY goes green and launches new environmentally friendly packaging

• Today, PNY operates in 13 locations, with products available in over 50 countries

To commemorate the brand’s silver anniversary, PNY will host product specials all year long for loyal consumers and internal company celebrations for their devoted employees.

Celebrations begin with the company’s ‘Think Pink’ week, which commenced yesterday. In support of their ongoing sponsorship with Susan G. Komen for the Cure®, PNY will host daily activities, raffles and giveaways from their top customers and local businesses as an incentive to employees to participate in the North Jersey Race for the Cure® and to donate to this worthy cause. Consumers can also support by purchasing a PNY Pink Ribbon Attaché flash drive, in which $0.50 will be donated for each drive sold.

In addition, PNY will host continuous product giveaways for fans on their Facebook page. This week, twenty-five lucky fans will receive either an 8GB USB Flash Drive or an 8GB SDHC Flash Memory Card, each valued at $25.

“Our 25th anniversary is a celebration of loyalty and trust,” said Margaret Salleroli, senior manager, marketing communications. “Our employees and consumers have made this achievement possible, and this is just step one of what we have in store for them. Every month they’ll be able to participate in a special event, receive significant discounts, or win great PNY products as a thank you from us for their continued support and to encourage them to celebrate with us all year long.”

The company’s broad spectrum of products offers innovative Photography-Videography, Mobility, 3D Gaming-Visualization and Business solutions. Visit www.PNY.com to learn more about the complete line of PNY products.

About PNY Technologies
Established in 1985, PNY Technologies®, Inc. celebrates 25 years of excellence as a leading manufacturer and supplier of flash memory cards, USB flash drives, solid state drives, computer memory upgrade modules, as well as consumer and professional graphics cards. The company’s Photography-Videography, Mobility, 3D Gaming- Visualization and Business solutions are widely available from major retail, e-tail and wholesale outlets internationally. Headquartered in Parsippany, NJ, PNY maintains facilities in North America, Europe, Asia and Latin America.

www.PNY.com

The PNY logo is a registered trademark of PNY Technologies, Inc. All other trademarks are the property of their respective owners.
Copyright © 2010 PNY Technologies, Inc. All rights reserved

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