Medéa and Storage Concepts Merge

Westlake Village and Tustin, Calif. -- Aug 7, 2001 - Medéa
Corp. and Storage Concepts, Inc., each involved in the design and
manufacture of real-time disk storage subsystems for differing market
segments, announced today that the companies have merged. The new
company will be called Medéa Corporation. Stuart Mabon will remain
CEO of Medéa, and Martin Bock, formerly president of Storage
Concepts, will assume the position of president of Medéa.

In addition to maintaining its Westlake Village and Tustin
locations, an experienced OEM sales team, with offices in Japan, US
East Coast, and Europe, now complements Medéa's global channel
sales organization.

The engineering teams from each company specialize in the use of
low-cost Ultra DMA disk drives in high-performance and mission critical
storage subsystems. The merger will provide a broader range of products
to Storage Concepts' customers and will strengthen Medéa's
leadership position in digital media storage.

More information about the company is available at www.medea.com,
www.storageconcepts.com, and (818) 597-7645.