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Company Name: Hi-Val

Description: Hi-Val was founded in 1992 by Mark Vakili in Santa Ana California. According to Vakili, also the company’s President and CEO, they have close to a hundred employees since the company was established. Hi-Val is reported to be now a member of an elite group of high-technology corporations based in the US that have reached great growth in the last few years.

Hi-Val has annual sales in the range of $5-$10 million, making them one of the more prominent companies in the IT industry engaged in electronics.

Hi-Val was acquired by IOM Holdings of Nevada in June of 1999, mainly because of its growth in the IT market. The company is in collaboration with other manufacturers of computer equipment and continues to provide a broad range of multimedia solutions. Hi-Val gained reputation by its release of high- quality CD-ROM drives and was also noted for the production of high performance audio cards.

Several popular products of the company are CD-ROM drives with 24x and 32x speed. Hi-Val later on ventured into manufacturing DVD-ROM drives and DVD recorders with the introduction of DVD technology in the market. The company maintains its focus on the manufacturing of optical drives though they also engaged in the production of graphics cards.

Hi-Val entered into a partnership with Agate Technologies Inc. to launch their Hot-Swap Docking modules to the computer market. This product has features that enable quick and easy exchange of IDE and ATAPI based solutions for storage.

In 1998, the end product was introduced to the market. The product has the ability to host a variety of 3.5-inch storage devices like IDE, TAPE, and ZIP, LS-120 etc…without the user having to reboot the computer. It gives users the advantage of interchanging their storage media as long as it is able to fit within the main enclosure.

Another advantage that the product provides is that it eliminates the need for configurations settings. All storage media supported by the hardware is detected automatically by the system and is ready to be used.

Businesses are able to take advantage of this technology because it allows them to take their data anywhere by hand, may it be to another branch or department.

The product also gives employees the advantage of bringing the exact same work they are doing in the office at home. The technology was created for easy deployment in machines with Windows Operating Systems and is still used today.

Other products under the company’s name are CD, DVD, CD-RW and DVD-RW internal and external drives. Hi-Val also introduced some legacy drives to the IT industry such as modems, PCS audio cards, combo drives, USB card readers and 3-button and optical universal mousers.

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