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To: Johnny Canuck who wrote (34363)	9/21/2001 12:55:02 PM
From: Johnny Canuck	Respond to of 68389

M-Systems Expects to Meet Third Quarter 2001 Guidance KFAR-SABA, Israel--(BUSINESS WIRE)--Sept. 21, 2001--M-Systems (NASDAQ: FLSH - news) today announced that the Company expects to meet revenue and earnings guidance previously given for the third quarter of 2001, hence providing slightly higher revenues and lower operational loss compared to the second quarter of 2001. The improved results are attributed mainly to the increase of sales of the Company's DiskOnKey product line. About M-Systems M-Systems Flash Disk Pioneers Ltd. (NASDAQ: FLSH - news) is a leading developer, manufacturer and marketer of innovative data storage products, known as flash disks. The Company's flash disks provide the functionality of a mechanical hard drive on a solid-state silicon chip. M-Systems was first to bring to market a complete flash disk in a single die, using breakthrough DiskOnChip Millennium technology. The Company's products are based on its patented TrueFFS technology and include the DiskOnChip®, DiskOnKey(TM), and Fast Flash Disk (FFD) product families. DiskOnChip is targeting the markets of Set-Top Boxes, Thin Clients and Mobile phones, while the FFD product line is targeting the markets of video and audio servers, telecommunications systems and military/rugged applications. The DiskOnKey product family is targeted at the PC and laptop markets. For more information, please contact M-Systems at 8371 Central Avenue, Suite A, Newark, Calif. 94560. Telephone: 1-510-494-2090. E-mail: info@m-sys.com; and, on the Internet, m-sys.com.