Founded in 1988 by Dr. Eli Harari, an internationally recognized authority on non-volatile memory technology, SanDisk has grown to become the world's largest supplier of innovative flash memory data storage products. Serving both consumers (with more than 240,000 retail storefronts worldwide) and original equipment manufacturers (OEMs), SanDisk designs, develops, manufactures and markets flash storage products for a wide variety of electronic systems and digital devices. SanDisk also licenses its technology to a number of other industry-leading companies. With flash memory's capability for storing large amounts of data in a compact, removable or embedded format, SanDisk's products have helped drive the exponential growth in sales of digital cameras, multi-function mobile phones, USB flash drives, digital audio/video players, and other digital consumer devices. SanDisk currently has more than 1,100 U.S. patents, more than 600 foreign patents, and more than 1440 patent applications pending in the U.S. SanDisk is the only company, worldwide, that has the rights to both manufacture and sell every major flash card format, including CompactFlash�, SD�, miniSD�, microSD�, MultiMediaCard�, Reduced Size MultiMediaCard (RS-MMC�), Memory Stick PRO� and related Memory Stick� products, xD-Picture Card� and USB flash drives. SanDisk became a publicly traded company (NASDAQ:SNDK) in November 1995, and in 2008 revenues were 3.3 billion. With more than 3,400 employees worldwide, SanDisk is headquartered in Milpitas, California.