Investment

MojoPac is just one of many options for people who want access to their computers without actually taking them along—from souped-up UBS devices to on-demand software that’s stored on the Internet. The company said it already has tens of thousands of users since launching the software in September 2006.

SanDisk today announced the completion of its acquisition of msystems Ltd. in an all stock transaction valued at approximately $1.5 billion.

Digitimes reports that SanDisk and M-Systems will start billing a 5% royalty fee from NAND flash disk drive makers that adopt the U3 platform, according to sources at controller IC design houses.

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SanDisk and msystems today entered into definitive agreements for SanDisk to acquire msystems in an all stock transaction. This combination joins together two flash memory pioneers with complementary products, customers and channels. Together the combined company will have the people, technology, manufacturing and IP to play a leading role in creating new markets and accelerating the penetration of flash memory into existing storage applications.

Harris surveyed 1,000 U.S. computer users between the ages of 14 and 64 and found that 30 percent of them already own UFDs and another 13 percent are intending to purchase a UFD in the near future. 

The survey was sponsored by msystems, whose vice president of marketing and business development for the firm's retail and enterprise division Daniel Schreiber said the survey demonstrates that users want features more advanced that simple storage applications. Schreiber noted that the U3 platform, which enables users to plug into
Windows 2000 or XP PC, will help drive a new wave UFD purchases.

As a proprietary msystems’ technology encompassing unparalleled flash management and control algorithms, x4 technology is designed to enable utilization of 4-bit/cell NAND flash, previously considered to be a practical and physical impossibility. x4 NAND components, likely to be mass produced during 2007, are to be comprised of the first-ever 4-bit/cell NAND flash media and an indispensable x4 technology controller. Thanks to msystems’ technological breakthrough, NAND flash manufacturers are expected to realize over 30% cost savings in comparison with the most advanced 2-bit/cell multi-level cell (MLC) NAND flash wafers manufactured to date through equivalent lithography. This is accomplished by doubling bit density in comparison with such MLC NAND flash, and quadrupling it when compared with single-level cell (SLC) NAND flash. Furthermore, as msystems’ x4 technology requires no changes to manufacturing processes, it stands to increase fab profitability.

msystems™ (Nasdaq: FLSH), a leader in smart personal storage, today announced that the Company will hold its 2006 Analyst Day meeting in New York on Thursday, May 11, 2006. The event will take place from 9:00 a.m. until 1:00 p.m. and will feature presentations by Mr. Dov Moran, President and Chief Executive Officer of msystems, and other members of the Company’s senior management team.

The event will be webcast live on msystems’ website at www.m-systems.com. The webcast will not be archived on the Company’s website following the conclusion of the event.