SmartDisk Announces VST Portable 100GB FireWire RAID Ultimate DV Solution
for Apple Macintosh Computers

Las Vegas, NV — April 12, 2000 — SmartDisk Corporation (Nasdaq: SMDK), a
company whose products simplify the digital lifestyle, today announced a
100GB FireWire-based RAID array (Redundant Array of Independent Disks)
designed to work with all FireWire-equipped Apple- Macintosh computers.
This product was under development by VST Technologies, Inc., a leading
FireWire- and USB developer, which was recently acquired by SmartDisk. The
VST FireWire RAID array is being demonstrated at the National Association
of Broadcasters Expo in Las Vegas this week at the Sands Hotel, booth
number MI 1138.

The VST FireWire RAID array is a compact, portable tower that supports up
to four VST FireWire hard drives which can be used separately or together
for the efficient storage and rapid transfer of digital data.
RAID arrays are typically used in demanding professional applications, such
as video and audio broadcasting, where large amounts of digital video,
graphics, and music must be captured and manipulated in real time for
storage and/or editing. Used as a RAID array, multiple drives provide
significantly increased capacity and performance. The VST FireWire RAID
array is a unique FireWire solution that offers users both a compact size
and built-in battery backup.

Using the VST FireWire RAID array, television film crews, 3-D animators,
musicians and audio engineers can capture and store large amounts of
digital data on location. The VST array is also well-suited for field
editing, providing the power previously found only in costly editing rooms.
This allows content producers to quickly and inexpensively complete their
projects without compromising technical quality or sophisticated effects.

“SmartDisk is pleased and excited to be the first company to provide a
FireWire-based RAID solution,” said Vincent Fedele, Chief Technology
Officer, SmartDisk Corporation. “High performance from such a small array
that is both portable and reliable will help make possible many mobile
applications that previously were unachievable. The VST FireWire RAID array
embodies SmartDisk’s mission of providing solutions that help consumers and
professionals simplify their use of today’s digital appliances and
applications.”

The VST FireWire RAID array is expected to be commercially released in June
2000. Advance orders are being accepted now. For ordering information,
pricing and additional specifications visit the VST web site
(www.vsttech.com).

About SmartDisk Corporation
SmartDisk’s products are designed to simplify the transfer and storage of
digital photographs, video, music, voice and data among personal computers,
the Internet and digital appliances. The company is using its proprietary
and patented technologies to capitalize on the growing demand for digital
applications and increased usage of the Internet. SmartDisk’s investors
include Toshiba, Hitachi, NEC, SanDisk, SCM Microsystems and others. On
March 6, 2000 SmartDisk and VST Technologies completed a merger. VST
Technologies is a market leader in the design, engineering and marketing of
high performance FireWire and USB personal storage solutions for the
Internet and computer industries. VST’s products are marketed under the VST
brand name and from leading OEMs, including Apple Computer, Fujitsu and
IBM. For more information, go to www.smartdisk.com or www.vsttech.com.

This press release includes statements, which may constitute
forward-looking statements made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Although SmartDisk
Corporation believes the expectations contained in such forward-looking
statements are reasonable, it can give no assurance that such expectations
will prove correct. These statements may involve risks and uncertainties
that could cause actual results to differ materially from the expected
results. Such risks include, but are not limited to our dependence on a
limited number of contract and offshore manufacturers, our dependence on
OEMs to promote our products, our ability to develop commercially viable
products on a timely basis and the other risk factors all as more fully
described in SmartDisk’s Registration Statement on Form S-1 and in other
reports and periodic filings made from time to time with the Securities and
Exchange Commission.