Announcing x4(TM) Technology Breakthrough, msystems(TM) Takes the NAND Industry to the Next Level

This press release includes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 including new products and technologies which are based on current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, as they ar...

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Bibliographic Details
Published inBusiness Wire p. 1
Format Newsletter
LanguageEnglish
Published New York Business Wire 11.05.2006
Subjects
Coates, David
Competition
Consumer electronics
Control algorithms
Corbin, Jeff
Cost control
Digital cameras
Electronics
Embedded systems
Intellectual property
Inventory
Manufacturers
Manufacturing
Multimedia
Product development
Product lines
R&D
Research & development
Suppliers
KFAR SABA, Israel
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Summary:This press release includes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 including new products and technologies which are based on current expectations. 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: risk associated with the development and implementation of x4 technology and any costs or losses associated with its development and/or implementation, including difficulties in utilization of 4-bit/cell NAND flash, unforeseen difficulties that flash manufacturers may experience in implementing x4 technology in the production of x4 technology enabled flash components, including unexpected changes in the manufacturing process and unexpected delays in the production of such flash components, the failure of manufacturers to realize costs savings through the utilization of x4 technology, the failure of x4 technology to fuel new generations of consumer electronic devices and generally any decline or lack of growth in the demand for NAND flash memory, any failure we may experience in perfecting and/or protecting our intellectual property rights related to x4 technology, any failure, delays or difficulties we may experience in negotiating new partnerships with flash manufacturers utilizing our x4 technology that are profitable for us, and the risk that such partnerships may ultimately not be profitable for us, and generally any failure or difficulty we may experience in utilizing the benefits x4 technology to our advantage and any losses that we may suffer from the development or utilization of x4 technology; the risk that our competitors may develop other technologies that compete with or are superior to our x4 technology and that flash manufacturers may opt to utilize such other technologies and not our x4 technology; the effect of global economic conditions in general and conditions in M-Systems' 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, slower adoption rate for these new products or technologies, and capacity and supply constraints including dependence on flash component suppliers; changes in M-Systems' 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 M-Systems' and its customers' products; and other risk factors detailed from time to time in M-Systems' filings with the Securities and Exchange Commission.