PNY Technologies, Inc. Enters Into Renewed Worldwide License Agreement with HP Inc. to Design, Manufacture, and Distribute HP-branded Products

Parsippany, NJ, April 2, 2019 - PNY Technologies, Inc. (PNY), a global leader in consumer and business-grade electronics, today announced that they have entered into a multi-year extension of their existing license agreement to manufacture and distribute HP-branded products, including USB flash drives, Memory Cards (SD, MicroSD) and Memory Card Readers globally.

Gadi Cohen, President & CEO of PNY stated, “…this multi-year HP license renewal goes a long way to demonstrate the strong relationship between PNY and HP, a relationship going back over ten years. We look forward to continuing to work with HP as PNY continues the manufacture and sale of HP-branded products worldwide.”

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About PNY Technologies

Established in 1985, PNY Technologies ®, Inc. celebrates over 30 years of business excellence as a global manufacturer and supplier of flash memory cards, USB and OTG flash drives, solid state drives, computer memory upgrade modules, NVIDIA® GeForce® consumer graphics cards and NVIDIA ® Quadro® professional graphics cards. The company’s Photo/Video, Mobility, Gaming, Visualization and Professional solutions are widely available from major retail, e-tail and wholesale outlets internationally.

Headquartered in Parsippany, NJ, PNY® maintains facilities in North America, Europe, Asia, Middle East, India and Latin America. More information www.pny.com