Matsushita Electric Industrial President Yoichi Morishita (L), SanDisk Corporation CEO and President Eli Harari (C) and Toshiba Corporation President Taizo Nishimuro smile for photographers as they announce their agreement to join forces to develop and promote a next generation secure memory card at a news conference in Tokyo August 25. The agreement is aimed to jointly develop a compact memory card capable of providing a high level of copy protection for music, movies and other artistic and commercial content.

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