M-Systems Ltd., was a Nasdaq-listed Israeli producer of Flash memory storage products founded in 1989 by Dov Moran and based in Kfar Sava, Israel. They were best known for developing and patenting the first flash drive, marketed in 1995 as DiskOnChip, and the first USB flash drive, marketed in 1999 as DiskOnKey. They also created the patented True Flash Filing System which presented the flash memory as a disk drive to the computer. After 17 years of business, they were acquired by their prior competitor, SanDisk, in 2006. The DiskOnChip was developed at the R Center established by M-Systems...