Source : Free On-Line Dictionary of Computing

SyQuest Technology, Inc.
     
         An early entrant into the removable {hard
        disk} market for {personal computers}.  For may years SyQuest
        held the market, particularly as a method of transferring
        large {desktop publisher} documents to printers.  SyQuest aim
        their products to give personal computer users "endless" hard
        drive space for data-intensive applications like {desktop
        publishing}, {Internet} information management, pre-press,
        {multimedia}, {audio}, {video}, {digital photography}, fast
        {backup}, data exchange, {archiving}, confidential data
        security and easy portability for the road.
     
        At the top of their current (Mar 1997) range are two drives,
        The {SyJet} 1.5 {GB} a 3.5 inch, double platter removable
        drive and the {EZFlyer} 230 {MB} also on 3.5 inch media.  A
        cartridge holding over 4.7GB is promised before the end of
        1997.
     
        In recent years they have not fared as well in the market,
        whilst {Iomega} has cornered the {Small Office/Home Office}
        (SOHO) market.  Over the period 1995 to 1997 sales declined
        resulting in a series of losses.  In the first quarter of 1997
        these losses had been reduced to $6.8 million with net
        revenues increasing to $48.3 million.  This compares to a net
        loss of $33.8 million, or $2.98 per share, on net revenues of
        $78.7 million for the same period the year before.  It would
        appear that substantial restructuring has occurred over the
        past few years.
     
        {Home (http://www.syquest.com/)}.
     
        (1997-03-27)