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e-Smart 2005 Selects M-Systems to Deliver Presentation on Emerging Smart Card Technology

9 September 2005

M-Systems (Nasdaq: FLSH) announced today that Ira Cohen, vice president of business development for M-Systems' Data Trust division, will be speaking at e-Smart 2005, the annual conference organized by the Java Card Forum and smart card industry associations Eurosmart and GlobalPlatform.

Cohen will deliver a presentation entitled "Shattering the Technology Barriers in Smart Card Technology" during the "Emerging Technologies" session held at 2:30 p.m. on Thursday, September 22nd in the Centre International de Communication Avancee in Sophia Antipolis, France.

Through Cohen's presentation, M-Systems will share insight gained through its experience with smartcard vendors and mobile operators. M-Systems, leaders in flash data storage and the leading developer of USB flash drives, was first to introduce a functional, high-capacity, secure USIM card (the MegaSIM(TM) solution) and has been influential in bringing the concept to the forefront of the industry.

More information about Cohen's presentation and the e-Smart 2005 event can be found online at www.strategiestm.com/conferences/esmart/05/index.htm.

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(R) and MegaSIM(TM) solutions and the popular USB flash drive market with its DiskOnKey(R) product. More information about M-Systems is available online at www.m-systems.com.

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.

Contacts

Investor Contacts
KCSA Worldwide
Jeff Corbin / Lee Roth
Tel: 1-212-896-1214 / 1209
jcorbin@kcsa.com / lroth@kcsa.com

Source: Business Wire


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