ECD Ovonics' Ovonyx, Inc. joint venture licensees continue to make substantial progress toward commercialization. For example, Samsung Electronics Co., Ltd. announced prototypes of its next generation NOR flash, which is based on OUM technology, indicating that commercial products are expected to be available in 2008. Intel Corporation, as part of a joint venture with STMicroelectronics, also announced that it had produced prototypes of flash products based on OUM technology.