The Toshiba Corporation announced its entry into the market for NAND-flash-based solid state drives (SSD) today. The company will showcase their line of SSD products at the CES 2008.

Toshiba's first SSDs come in three capacities: 32GB, 64GB, and 128GB.
Toshiba's new SSDs integrate an original MLC controller supporting fast read-write speeds, parallel data transfers and wear leveling, achieving performance levels comparable to those of single-level NAND flash SSD.

By applying MLC technology, Toshiba has realized a 128GB density in a 1.8 inch form factor.

The new products utilize NAND flash memory fabricated with 56nm process technology, along with controller chips and DRAM, on a 70.6mm (L) x 53.6mm (W) x 3.0mm (H) platform. The maximum read speed is 100MB a second, and the maximum write speed is 40MB a second with the SATA2 interface (transfer rate of 3Gbps), which is compliant with high speed serial interface.

Toshiba SSD samples and mass production will follow from the first quarter (January to March) of 2008.
Toshiba is pretty late to the SSD market, but it looks their flash drives will be an interesting choice.
Via this Toshiba press-release.