Memorex 2006 Annual Report Download

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building on a
decade of growth
2006 annual report and form 10-K
IMATION 2006 ANNUAL REPORT AND FORM 10-K

Table of contents

  • Page 1
    building on a decade of growth 2006 annual report and form 10-K

  • Page 2
    ... world's first computer tape. In 2006, Imation proudly marked its 10th anniversary as an independent company. Today, our 2,000+ employees develop, market and deliver data storage products to customers in approximately 100 countries. In addition to the Imation brand, our global brand portfolio now...

  • Page 3
    ...SATA hard drive and external docking station, which offers an attractive backup solution for small and medium business applications. Our fourth priority, to expand the company through external growth, was addressed by Imation's first major acquisition, the purchase of the Memorex brand and business...

  • Page 4
    ...the family's collections of music and movies, digital photos and home office backups, typically stored on CDs and DVDs. (This amount of data, if printed, would require the paper made from 50,000 trees.) New and emerging formats such as USB ï¬,ash drives, ï¬,ash cards, removable hard disks, and next...

  • Page 5
    ..., optical, ï¬,ash and removable hard disk. In this mixed-use environment of labs, offices, testing facilities and pilot manufacturing lines, Imation's scientists develop new products, support existing products and explore potential new technologies for data storage. {3} Imation Annual Report

  • Page 6
    {4} Imation Annual Report

  • Page 7
    ...new high-definition optical recording formats of Blu-ray and HD DVD discs. To harness the opportunities for USB ï¬,ash drives, Imation is leveraging differentiated designs that meet the needs of business users and "road warriors." Security features such as password protection and 256-bit encryption...

  • Page 8
    ... for high-quality recording products. A LEADING CONSUMER BRAND WITH BROAD RETAIL PLACEMENT Memorex Mini TravelDrive USB Flash Drive Memorex products give today's digital lifestyle consumers the ability to "capture, save, and share" all aspects of their life, from music to memories. This focus...

  • Page 9
    {7} Imation Annual Report

  • Page 10
    .... The resulting cost savings have been significant as well. CAMARILLO PLANT RECORDS LEAN RESULTS In 2006, Imation accelerated a company-wide initiative to deploy lean enterprise principles across manufacturing and key business functions. Lean principles are based on maximizing speed, quality and...

  • Page 11
    ...after the deal closes: successfully integrating the businesses to achieve projected synergies and keep the business performing. Cross-functional "integration teams" identified 285 key milestones with more than 2,000 specific activities from supply chain, sourcing, back office, sales and marketing...

  • Page 12
    ...and Manufacturing; Bradley D. Allen, Vice President, Corporate Communications and Investor Relations; James C. Ellis, Vice President, Strategic Growth ... Region Vice President, Europe, Middle East, Africa, (EMEA) Region Vice President, Consumer Division, Americas Region {10} Imation Annual Report

  • Page 13
    ... was sold on June 30, 2005. (3) Return percentages are calculated using income (loss) from continuing operations. (4) Capital expenditures in 1998 include $67.5 million for the purchase of the Company's research and development facility previously under a synthetic lease. {11} Imation Annual Report

  • Page 14
    ... and personal applications. optical Recordable optical CDs and DVDs store digital music, photos, video and data in a portable, convenient and economical standard format familiar to consumers and businesses alike. media accessories hard disk Media accessories, including CD and DVD labeling tools...

  • Page 15
    ... Vice President, 3M Company, Health Care Business Glen A. Taylor Chairman, Taylor Corporation Daryl J. White Retired President and Chief Financial Officer, Legarity, Inc. Former SVP of Finance and Chief Financial Officer, Compaq Computer Corporation shareholder information This Annual Report to...

  • Page 16
    ...-3414 651-704-4000 888-466-3456 phone 800-537-4675 fax [email protected] © Imation 2007 52-0003-5477-0 Imation, the Imation logo, Odyssey, Mini TravelDrive, Memorex, the Memorex logo, and "Is it live or is it Memorex" are trademarks of Imation Corp. and its subsidiaries. All other trademarks are...