mDOC H3 Embedded Flash Drive from msystems™ is Symbian Approved

Through mDOC H3, msystems brings plug-and-play access to the latest MLC NAND to the Symbian community

SUNNYVALE, Calif., Oct. 16, 2006, msystems (NASDAQ: FLSH), a leader in smart personal storage, today announced that the mDOC H3 embedded flash drive (EFD) has been accredited the “Symbian Approved” mark by Symbian Ltd, the software licensing company that develops and licenses Symbian OS™, the market-leading open operating system for smartphones.

After completing pre-qualifications in Symbian labs, Symbian has approved the mDOC H3, msystems’ embedded flash drive solution for Symbian OS for smooth integration of the latest, most cost-effective raw NAND flash material from major silicon partners. mDOC H3 from msystems is based on more than 17 years of flash expertise, a robust intellectual property portfolio and on technology deployed in millions of tier-one mobile handsets.

Bruce Carney, head of developer marketing, Symbian, said: “The mDOC H3 embedded flash drive from msystems is a key component in supporting the growing memory needs of today’s multimedia phones, which need high-capacity storage for photos, videos, music files and multimedia applications. Now it’s even easier to integrate mDOC H3 into Symbian OS making it more beneficial for the Symbian ecosystem and a better smartphone lifestyle experience for consumers.”

“Now all players in the Symbian ecosystem can easily integrate the latest, most cost-effective NAND flash technology available for smartphones,” said David Tolub, corporate vice president and co-manager of the Mobile Handset Vendor division at msystems. “This validation allows Symbian developers to enjoy the benefits of mDOC H3: multi-source, plug-and-play integration, optimized system performance, high reliability, low power consumption and NOR-less booting capabilities enabling a lower bill of materials.”

The mDOC H3 embedded flash drive, now mass produced in a range of densities up to 1-gigabyte, is available from msystems. The 2-gigabyte mDOC H3 is slated for availability within about a month.

Visit msystems at stand # DZ12 at the Symbian Smartphone Show, 17-18 October 2006, at ExCel in London. For more information or to register, visit www.symbiansmartphoneshow.com/2006/.

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.

About Symbian
Symbian is a software licensing company that develops and licenses Symbian OS, the market leading open operating system for advanced, data-enabled mobile phones, also known as smartphones.

Symbian licenses Symbian OS to the world’s leading handset manufacturers and has built close co-operative business relationships with leading companies across the mobile industry. During H1 2006, 24 million Symbian smartphones were sold worldwide to over 250 major network operators, bringing the total number of Symbian OS phones shipped to 82.8 million.

Symbian is hosting The Symbian Smartphone Show, 17-18 October 2006, at ExCel, in London, UK. For more information or to register or visit www.symbiansmartphoneshow.com/2006/.

Symbian has its headquarters in London, United Kingdom with offices in the United States, Europe (England and Sweden (UIQ Technology AB)), Israel and Asia (India, P.R. China, Korea, and Japan). For more information, please visit www.symbian.com.

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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.

Contact Information

David Coates

Media Contact for North America

Brodeur Worldwide for msystems

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