Micron technology
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LEAPFROG SMART PRODUCTS INC - Leapfrog Signs Government Agent Agreement With Micron Semiconductor -
Products, Crucial Technology Division
New York, New York, Jun. 28, 2000 (Market News Publishing via COMTEX) --Leapfrog Smart Products Inc., a leader in Smart
card software development, andMicron Semiconductor Products' division, Crucial Technology, the world's largestfactory-direct
seller of memory upgrade modules, today announced the executionof an "Authorized Government Agent" agreement, by which
Crucial's memoryproducts will be listed on the General Services Administration (GSA) Federalsupply schedule via Leapfrog's
approved listing.
Leapfrog, as the holder of the GSA IT contract, acts as the principal supplierto governmental agencies. Crucial Technology is the
supplier of products, undera pass-through arrangement. Leapfrog projects the value of the agreement to bein the multi-million
dollar range on an annual basis.
Dale Grogan, President of Leapfrog Smart Products, commented: "This arrangementis the first in what we anticipate to be a
series of vendor agreements resultingfrom our recent GSA listing. This is an exciting milestone for our company assigning vendor
contracts like the one with Crucial will allow Leapfrog torealize an additional revenue stream that will greatly add to our
shareholdervalue." About Crucial Technology
Crucial Technology is a division of Micron Semiconductor Products Inc., which isa wholly owned subsidiary of Micron Technology
Inc. (NYSE:MU). CrucialTechnology sells memory upgrade modules factory direct from Micron Technologyand offer 42,000
upgrades for more than 9, 100 desktops, notebooks, servers andprinters. Crucial Technology can be found on the Web at
www.crucial.com.
Micron Technology Inc. and its subsidiaries manufacture and market DRAMs, SRAMs,Flash, other semiconductor components,
memory modules and personal computersystems. About Leapfrog Smart Products, Inc.
ratings:
BANC OF AMERICA 06/23/00 STRONG BUY
MAJOR BROKER 06/23/00 STRONG BUY
ING BARING FURM 06/23/00 STRONG BUY
GRUNTAL 06/23/00 OUTPERFORMER
GERARD KLAUER 06/23/00 BUY
DEUTSCHE BK SEC 06/23/00 BUY
BEAR STEARNS 06/23/00 BUY
DAVIDSON D A 06/22/00 OUTPERFORM
PRUDENTIAL SEC. 06/20/00 STRONG BUY
WARBURG DILLON 06/08/00 BUY
NEEDHAM & CO. 06/01/00 HOLD
MAJOR BROKER 05/30/00 BUY
THOMAS WEISEL P 05/25/00 STRONG BUY
WIT CAPITAL INC 05/24/00 STRONG BUY
ABN-AMRO 04/17/00 TOP PICK
JOSEPHTHAL & CO 03/22/00 BUY
production shortage aufgrund starker nachfrage ueberall wo man hinsieht; intel ruestet schon mit kapazitaetsausbau auf.
Micron ist mit einem p/e von 49/24 fuer 2000/01 noch recht guenstig. die wachstumsraten sind ueberdies substantiell.