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O.C. BUSINESS PLUS | ORANGE COUNTY EARNINGS

Simple Technology Inc.

October 26, 2000

The Santa Ana manufacturer of computer memory and storage products reported pro forma net income of $4.3 million, or 13 cents a share, for the third quarter, unchanged from the same period last year. Revenue rose 60% to a record $84.7 million. Simple Technology completed its initial public offering late last month.

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