M-Systems to Speak at Storage Visions Conference

M Systems (Nasdaq: FLSH), an industry leader and innovator of flash-based data storage devices, announced today that Zack Weisfeld, co-general manager M-Systems, Inc., will be speaking at the Storage Visions® 2006 Conference, the only conference focusing on digital storage and entertainment content.

At 10:45 am on Saturday, January 7th, Weisfeld will deliver a presentation entitled “Data Storage Growth - Threat or Opportunity?” during Session E - Mobile CE Storage Products, taking place at the Las Vegas Convention Center.

Through Weisfeld’s presentation, M-Systems will share insight on current NAND flash market reality and trends, will discuss the “OEM Pain Matrix” touching upon issues like cost of integration, multiple sources for price negotiations and supply continuity. The presentation will also deal with how to design platforms that can be adapted to market requirement by utilizing the right memory architecture.

More information about Weisfeld’s presentation and the Storage Visions 2006 Conference can be found online at www.storagevisions.com/index.htm#agenda.

About M-Systems
M-Systems develops, manufactures and markets innovative flash-based data storage solutions for consumer electronics and embedded markets. The Company targets the fast growing multimedia mobile handset market with its DiskOnChip® and MegaSIM™ products and the popular USB flash drive market with its DiskOnKey® product. More information about M Systems is available online at www.m-systems.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 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, 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 M Systems’ 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. M-Systems 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 M-Systems’ 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

Contact via E-mail