March 5, 1996 in Nation/World

3m To Flaunt Its Floppies

Associated Press

3M will begin selling computer diskettes next month that will hold 120 megabytes of information, about 80 times as much as current floppy diskettes.

The LS-120 diskette has the same shape and size as the standard 1.44-megabyte 3.5-inch diskette but combines magnetic and optical technology to provide greater capacity and performance.

Compaq Computer Corp. will put drives in its new business-targeted desktop PCs that will be able to read and store data on the new diskettes.

3M reported Monday that the 3.5-inch floppy disks will retail for about $20 each. They will require drive units that will sell for about $200.

3M developed the LS-120 technology in conjunction with Compaq, O.R. Technology and Matsushita-Kotobuki Electronics Industries.

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