LAKE MARY, FLORIDA -- Maynard Electronics, Inc. today announced a price reduction on its Irwin AccuTrak product line. These new prices, $249 for the 120MB Irwin AccuTrak drive and $349 for the 250MB Irwin AccuTrak drive, reflect the lowest list prices of any tape backup systems on the market today. These new prices also include a previously optional data cable. This price reduction is effective immediately. "Irwin AccuTrak products continue to provide the highest levels of performance, support and value in the DC2000 market," said Chris Tipton, vice president and general manager of the Irwin Distribution Division of Maynard. "These new low prices are the result of a modest price reduction taken by Maynard today and a significant reduction announced in September 1991, and reflect Maynard's commitment to maintain Irwin AccuTrak products' lead in the DC2000 market." Irwin AccuTrak drives, with an installed base of over 1.5 million drives, are the industry leaders in the DC2000 market. The Irwin Accutrak product is available in both internal and external configurations for use with IBM-compatible PC and PS/2 products, and can interchange data with mini-cartridge tape drives sold by IBM, Compaq, NCR, HP, NEC, Data General, Zenith and others. Irwin AccuTrak drives also provide support for UNIX/Xenix systems. The Irwin AccuTrak product line, bundled with EzTape software, offers menu-driven displays, unattended backup, and the flexibility to backup an entire hard disk, selected files, and an unlimited combination of files. EzTap software is available in versions for DOS, Windows and OS/2, and supports Novell networks. This price move comes on the heels of the integration of Irwin's distribution organization into the Maynard organization. The domestic and international sales departments of Maynard and Irwin have been combined to create the largest sales and support organization in the backup industry. As a result of this reorganization distributors have a one-source solution for all backup products. Based in Lake Mary, Florida, Maynard is a global leader in backup systems with annual sales in excess of $150 million . Maynard offers a complete selection of cassette, cartridge, mini-cartridge, 4mm DAT, and 8mm tape drives for the IBM-compatible PC, PS/2, IBM RISC System/6000 and AS/400, DEC, NeXT, Sun Microsystems, and Apple Macintosh computers. Maynard sells its products through a worldwide network of dealers, distributors and value-added resellers. For additional information on Maynard products, please call (800) 821-8782 or (407) 263-3500. -------------------------------------------------------- LAKE MARY, FLORIDA -- Archive Corporation, the parent company of Maynard Electronics, Inc. and Irwin Magnetic Systems, Inc., recently reorganized Irwin's operations into two divisions to serve the OEM and distribution markets. As a result of this reorganization, Archive has combined Irwin's distribution organization with Maynard's organization and will transfer a portion of Irwin's administrative and support activities to Maynard in Lake Mary, Florida. "The customer will reap considerable benefits from this reorganization," said George Rea, President of Maynard. "Maynard prides itself on offering a 'Maynard Everywhere' backup solution across all backup technologies, capacities and operating platforms. With the addition of the Irwin product line, we offer increased tape backup support with complete product offerings designed and priced for both the high-end and the entry-levels of the market." The reorganization was made as part of an overall realignment of Archive into market-dedicated organizations to reduce operating costs and expenses and to more closely focus the Company's efforts on its OEM and distribution businesses. With combined sales in excess of $150 million, Maynard and Irwin together offer the broadest product line in the tape backup market, the best trained and most experienced support staff in the industry and the most extensive network of resellers. This will allow Maynard to take advantage of greater economies of scale to better meet the needs of the Maynard/Irwin customer base. Product development will take advantage of the two companies' combined technical, support and marketing expertise. Rea said that Irwin customers will continue to receive the same high level of support from Maynard. Maynard Electronics, Inc. 36 Skyline Drive, Lake Mary, FL 32746 (407) 263-3500 Fax: (407) 263-3555 +---------------------------------------------------------------+ | From the America On-Line & PC-Link New Product Info Services | +===============================================================+ | This information was processed with OmniPage Professional OCR | | software (from Caere Corp) & a Canon IX-30 scanner from data | | provided by the above mentioned company. For additional info, | | contact the company at the address or phone# indicated above. | | All submissions for this service should be addressed to | | BAKER ENTERPRISES, 20 Ferro Drive, Sewell, NJ 08080 U.S.A. | +---------------------------------------------------------------+