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Imation Bites Off Exabyte's Media Bits: Page 3 of 3

Its competition in the low-cost tape market comes primarily from Quantum Corp. (NYSE: DSS), whose Digital Linear Tape (DLT) format is far more common than Exabyte's format. Quantum, by way of contrast, reported $49 million in total tape media revenue for its September 2003 quarter.

Imation expects to start taking orders from select U.S. distributors for Exabyte media starting next Monday, Nov. 17. It sees the full transition completed by the end of the year.

— Todd Spangler, US Editor, Byte and Switch