NEW TOSHIBA "MOBILPHILE": 5GB PORTABLE DIGITAL AUDIO PLAYER WITH HIGH-SPEED USB 2.0 INTERFACE
 -- Ultra-Lightweight Miniature HDD-Based Digital Music Player Stores 1,000 Songs; Creates Brand New Category in Portable Entertainment --

MEG50AS WAYNE, NJ, June 18, 2002 - Toshiba, a leader in the development of innovative digital entertainment technologies, today announced the introduction of its compact and convenient MOBILPHILE® portable digital music player. The MEG50AS is one of the industry's smallest and lightest portable hard disc drive (HDD) music players and the first portable music player to combine the benefits of a high-speed USB 2.0 interface with the flexibility and music storage capability of a 5GB removable Type II PC data storage card.

The silver, attractively styled Toshiba MOBILPHILE® is compatible with MP3, WMA and WAV digital music files, providing users new freedom and flexibility in the enjoyment of their favorite music. The MEG50AS offers storage capacity for approximately 1,000 songs (about 100 hours of music), and provides up to 18 hours of continuous playback from its built-in Advanced Lithium Ion rechargeable battery. In addition to its extensive portable music capabilities, MOBILPHILE® is also an ideal medium for consumers who regularly transport computer files from the office to their home and back to the office. Users can simply download their files onto the data storage card, place the card back in the player and use it as a transport device - making it easier than ever before to work on files at home and bring them back to work the next day!

Noted Toshiba's Craig Eggers, Toshiba Director of Product Management: "Toshiba has connected strengths in HDD, digital media and miniaturization technologies. The sum of these abilities is a personal player that combines the benefits of high storage capacity and high-speed connectivity and promises to create an entirely new category in portable audio entertainment. The MEG50AS marks a significant new direction in portable digital products for our company. Our research indicates the market for portable entertainment devices such as MOBILPHILE® will triple over the next three years. The introduction of the MEG50AS signals our intention to lead the way in this important new category."

MOBILEPHILE® - Faster Downloads, Better Sound Quality Through its high-speed USB 2.0 interface, MOBILPHILE® brings users more music in less time. A transfer rate of nearly 480Mbs transfer rate lets users download music quickly and efficiently. MOBILPHILE® could potentially download as many as 1,000 songs in 10 minutes, depending, of course, on the processing power of the connected CPU.

Better Music Management With Easy-To-Use Toshiba Audio Manager Disc MOBILEPHILE®'s high-speed USB 2.0 interface and massive 5GB storage capacity opens up a variety of new and exciting applications for users, and with the unit's supplied Toshiba Audio Manager software, it's easier than ever to manage an entire library of music. Users can arrange music by genre, edit song lists, or play songs in predetermined order. Music information, including song titles and operating mode status, is displayed on the unit's high-contrast 1.8-inch LCD blue backlit window display. Convenient menu buttons and four-way cursor controls located on the front panel make menu navigation and song selection fast and easy.

A Compact Never Sounded This Good - Or Offered This Much Slightly larger than a pack of playing cards, the stylish metallic MOBILPHILE® is ideal for active lifestyle pursuits such as jogging or biking. Fitting easily into a shirt or coat-jacket pocket or attached to the belt for convenient portability, it measures just 72x112x22 mm and weighs 180 grams. The removable 5GB PC card adds a mere 50 grams to the overall weight of MOBILPHILE®. The MEG50AS is Linux OS compatible and connects to Windows-based PCs and laptops via its high-speed USB 2.0 interface.

MOBILPHILE® is supplied with stereo headphones, and AC adaptor, built-in battery charger and 5GB PC card. It carries a suggested retail price of $499.00 and will be available in July 2002.