Short clip out of the Business Week reference on Yahoo...
Note, press release in about an hour and a half should be coming...
biz.yahoo.com
IN THE CARDS? Eli Harari, founder, president and CEO of SanDisk (SNDK ), the world's largest supplier of flash memory cards used to store data in everything from still cameras to cell phones, could soon start stepping on his customers' toes. In the past, these cards were mostly pretty dim devices, capable only of storing files. But on Jan. 7, SanDisk announced U3, a card that offers more security features and is being hailed as the first step toward turning memory cards into, essentially, smart computers.
You heard that right. In a few years, Harari believes all computing power will reside on memory cards, containing everything from work files to digital music to medical records. The cards will be inserted into whatever device is most convenient, be it a cell phone or a computer (the latter will be but a shell of its current self, simply a monitor and a keyboard).
"We're looking to create a completely new market of trusted devices," Harari tells BusinessWeek Online. He isn't carrying one in his pocket just yet: SanDisk has only a few prototypes, developed jointly with M-Systems Flash Disk Pioneers (FLSH ). The first U3s will become available this summer.
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