M Systems Flash Disk (NASDAQ:FLSH)
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msystems (NASDAQ:FLSH), a leader in smart personal storage, and LG
Electronics (LG), a global leader in consumer electronics and mobile
communications, today announced that the new 3G multimedia model U830
handset will deliver a new range of powerful capabilities to subscribers
and mobile network operators (MNOs) with support for msystems’
MegaSIM card.
The MegaSIM-supporting LG U830 is a 3G mobile handset with a host of
impressive features like a two megapixel camera, 200MB of internal
memory, Bluetooth (A2DP/AVRCP) connectivity and a MP3/AAC/WMA media
player. With up to 1GB of additional flash memory provided by a MegaSIM
card, the LG U830 has the storage capacity to support this functionality
within a slim design. Sporting a clamshell design, the phone will soon
be released as part of the stylish Chocolate series.
With the MegaSIM card, MNOs can deliver compelling new services and
mobile content to the LG U830, which can then provide the means to
realize new revenue streams. The abundant storage capacity, advanced
security features and additional processing power found in the U830
handset with the MegaSIM card enable services like:
secure downloading of content, audio and video clips
flexible DRM, including on-card rights management
full PIM functionality
storage of new applications for subscriber activation
MNO based personalization and branding
personal storage for user-generated content such as large phone
directories and high-resolution photos
the ability to customize services based on subscriber tastes and habits
“In our quest to offer cutting edge mobile
technology, we are continually adding the most advanced features to our
handset designs. The MegaSIM card from msystems, representing one of the
most impressive achievements in mobile storage technology, is an
outstanding addition to the long list of features that we offer on our
mobile phones,” said Jae Bae, executive vice
president of mobile communications company of LG Electronics. “With
the high capacity, power and security found in MegaSIM, we hope to
enable a new world of mobile content and services for our customers. We
plan on launching additional MegaSIM-supporting handsets in 2007.”
“We are very happy to collaborate on
MegaSIM-supporting phones with LG Electronics, producers of some of the
most advanced handsets in the industry,” said
Eytan Pisetzky, vice president of marketing for the Mobile Network
Operators division at msystems. “By including
msystems’ MegaSIM card in the U830, MNOs can
provision up to 1GB of secured memory that is directly linked to the SIM
card, enabling advanced m-commerce applications as well as convenient
storage for photos, video clips, music and other files.”
The U830 multimedia mobile phone from LG Electronics with msystems’
1GB MegaSIM card will be demonstrated during CARTES 2006, 7-9 November,
in booth #4K 026, where msystems executives will be on hand to present
the Company’s latest products and
technological achievements. More information about the conference is
available online at www.cartes.com/en/2006/index.htm.
About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 06657.KS) is the global leader and technology
innovator in consumer electronics, home appliances and mobile
communications, employing more than 72,000 people working in over 120
operations including 80 subsidiaries around the world. Comprised of four
business units: Mobile Communications, Digital Appliance, Digital
Display and Digital Media with global sales at USD 34.7 billion
(consolidated USD 43.4 billion) as of 2005, LG Electronics is the world’s
leading provider of CDMA handsets, residential air conditioners, plasma
panels, optical storage products, DVD players and home theatre system.
For more information, please visit www.lge.com.
About msystems
msystems has been transforming raw flash material into smarter storage
solutions since 1989. From embedded flash drives deployed in millions of
mobile handsets to U3 USB smart drives designed for leading global
brands, msystems creates, develops, manufactures and markets smart
personal storage solutions for a myriad of applications targeting high
growth markets.
More information is available online at www.msystems.com.
msystems. made smarter.
Note to Editors: A high-resolution photo image showing the U830
handset from LG Electronics and the 1GB MegaSIM card from msystems is
available online at www.m-systems.com/NR/rdonlyres/0B89901D-E39B-49E6-92C3-5D28DBAA06D3/0/
LGE_061106_mSIM.jpg
(Due to its length, this URL may need to be copied/pasted into your
Internet browser's address field. Remove the extra space if one exists.)
All company and product names mentioned may be trademarks or registered
trademarks of their respective holders and are used for identification
purposes only.
This press release includes forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Readers are cautioned
not to place undue reliance on these forward-looking statements, as they
are subject to various risks and uncertainties which may cause actual
results to vary significantly. These risks include, but are not limited
to: the effect of global economic conditions in general and conditions
in msystems’ industry and target markets in
particular, shifts in supply and demand, market acceptance, the impact
of competitive products and pricing, product development,
commercialization and technological difficulties, and capacity and
supply constraints including dependence on flash component suppliers;
changes in msystems’ and its customers’
inventory levels and inventory valuations; timely product and technology
development/upgrades and the ability to manage changes in market
conditions as needed; market acceptance of new products and continuing
product demand; the impact of competitive products and pricing on
msystems’ and its customers’
products and markets; the development, release and sale of new products
by strategic suppliers and customers; the development and growth of
anticipated markets for msystems’ and its
customers’ products; and other risk factors
detailed from time to time in msystems’
filings with the Securities and Exchange Commission. msystems assumes no
obligation to update the information in this press release and disclaims
any obligation to publicly update or revise any such forward-looking
statements to reflect any change in its expectations or in events,
conditions, or circumstances on which any such statements may be based,
or that may affect the likelihood that actual results will differ from
those set forth in the forward-looking statements. Reference to msystems’
website above does not constitute incorporation of any of the
information thereon into this press release.
msystems (NASDAQ:FLSH), a leader in smart personal storage, and LG
Electronics (LG), a global leader in consumer electronics and mobile
communications, today announced that the new 3G multimedia model U830
handset will deliver a new range of powerful capabilities to
subscribers and mobile network operators (MNOs) with support for
msystems' MegaSIM card.
The MegaSIM-supporting LG U830 is a 3G mobile handset with a host
of impressive features like a two megapixel camera, 200MB of internal
memory, Bluetooth (A2DP/AVRCP) connectivity and a MP3/AAC/WMA media
player. With up to 1GB of additional flash memory provided by a
MegaSIM card, the LG U830 has the storage capacity to support this
functionality within a slim design. Sporting a clamshell design, the
phone will soon be released as part of the stylish Chocolate series.
With the MegaSIM card, MNOs can deliver compelling new services
and mobile content to the LG U830, which can then provide the means to
realize new revenue streams. The abundant storage capacity, advanced
security features and additional processing power found in the U830
handset with the MegaSIM card enable services like:
-- secure downloading of content, audio and video clips
-- flexible DRM, including on-card rights management
-- full PIM functionality
-- storage of new applications for subscriber activation
-- MNO based personalization and branding
-- personal storage for user-generated content such as large
phone directories and high-resolution photos
-- the ability to customize services based on subscriber tastes
and habits
"In our quest to offer cutting edge mobile technology, we are
continually adding the most advanced features to our handset designs.
The MegaSIM card from msystems, representing one of the most
impressive achievements in mobile storage technology, is an
outstanding addition to the long list of features that we offer on our
mobile phones," said Jae Bae, executive vice president of mobile
communications company of LG Electronics. "With the high capacity,
power and security found in MegaSIM, we hope to enable a new world of
mobile content and services for our customers. We plan on launching
additional MegaSIM-supporting handsets in 2007."
"We are very happy to collaborate on MegaSIM-supporting phones
with LG Electronics, producers of some of the most advanced handsets
in the industry," said Eytan Pisetzky, vice president of marketing for
the Mobile Network Operators division at msystems. "By including
msystems' MegaSIM card in the U830, MNOs can provision up to 1GB of
secured memory that is directly linked to the SIM card, enabling
advanced m-commerce applications as well as convenient storage for
photos, video clips, music and other files."
The U830 multimedia mobile phone from LG Electronics with
msystems' 1GB MegaSIM card will be demonstrated during CARTES 2006,
7-9 November, in booth #4K 026, where msystems executives will be on
hand to present the Company's latest products and technological
achievements. More information about the conference is available
online at www.cartes.com/en/2006/index.htm.
About LG Electronics, Inc.
LG Electronics, Inc. (KSE: 06657.KS) is the global leader and
technology innovator in consumer electronics, home appliances and
mobile communications, employing more than 72,000 people working in
over 120 operations including 80 subsidiaries around the world.
Comprised of four business units: Mobile Communications, Digital
Appliance, Digital Display and Digital Media with global sales at USD
34.7 billion (consolidated USD 43.4 billion) as of 2005, LG
Electronics is the world's leading provider of CDMA handsets,
residential air conditioners, plasma panels, optical storage products,
DVD players and home theatre system. For more information, please
visit www.lge.com.
About msystems
msystems has been transforming raw flash material into smarter
storage solutions since 1989. From embedded flash drives deployed in
millions of mobile handsets to U3 USB smart drives designed for
leading global brands, msystems creates, develops, manufactures and
markets smart personal storage solutions for a myriad of applications
targeting high growth markets.
More information is available online at www.msystems.com.
msystems. made smarter.
Note to Editors: A high-resolution photo image showing the U830
handset from LG Electronics and the 1GB MegaSIM card from msystems is
available online at
www.m-systems.com/NR/rdonlyres/0B89901D-E39B-49E6-92C3-5D28DBAA06D3/0/
LGE_061106_mSIM.jpg
(Due to its length, this URL may need to be copied/pasted into
your Internet browser's address field. Remove the extra space if one
exists.)
All company and product names mentioned may be trademarks or
registered trademarks of their respective holders and are used for
identification purposes only.
This press release includes forward-looking statements as defined
in the Private Securities Litigation Reform Act of 1995. Readers are
cautioned not to place undue reliance on these forward-looking
statements, as they are subject to various risks and uncertainties
which may cause actual results to vary significantly. These risks
include, but are not limited to: the effect of global economic
conditions in general and conditions in msystems' industry and target
markets in particular, shifts in supply and demand, market acceptance,
the impact of competitive products and pricing, product development,
commercialization and technological difficulties, and capacity and
supply constraints including dependence on flash component suppliers;
changes in msystems' and its customers' inventory levels and inventory
valuations; timely product and technology development/upgrades and the
ability to manage changes in market conditions as needed; market
acceptance of new products and continuing product demand; the impact
of competitive products and pricing on msystems' and its customers'
products and markets; the development, release and sale of new
products by strategic suppliers and customers; the development and
growth of anticipated markets for msystems' and its customers'
products; and other risk factors detailed from time to time in
msystems' filings with the Securities and Exchange Commission.
msystems assumes no obligation to update the information in this press
release and disclaims any obligation to publicly update or revise any
such forward-looking statements to reflect any change in its
expectations or in events, conditions, or circumstances on which any
such statements may be based, or that may affect the likelihood that
actual results will differ from those set forth in the forward-looking
statements. Reference to msystems' website above does not constitute
incorporation of any of the information thereon into this press
release.