SanDisk 2007 Annual Report Download - page 3

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SanDisk’s vision and strategy for long term value creation has been consistent throughout our first 20 years. Our
products and technology have transformed entire industries. We are proud of our achievements, and are confident in
our ability to continue to innovate and lead in existing and new markets in the years ahead. We have endured a
number of down-cycles in the past 20 years and the current down-cycle, although difficult, is energizing us to
improve our operational and business efficiencies so that we emerge a more nimble, stronger global competitor in
the next industry upturn. I would like to express my deep appreciation to our employees for their continuing
dedication and to our customers, strategic partners, suppliers and stockholders for your continuing confidence.
Eli Harari
Chairman and Chief Executive Officer