New Medium Enterprises, the purveyors of Versatile Multilayer Disc, has a new board and management. VMD is like DVD in that it uses red laser technology and multiple layers. But unlike VMD, it uses many many layers to get storage up to 50GB or 100GB (depending on what source you’re quoting).

CEO Mahesh Jayanarayan says:

“The Company has spent the last two years in developing and perfecting the technology. We have run several commercial trials in the last 9 months. These trials have proved conclusively that we have a brilliant product. With a dynamic and experienced team at the helm, together with the support of our partners, we are confident that the planned launch of our 40GB multilayer storage disc - the VMD, in the fourth Quarter of this year, will signal the start of a bright future for NME.”

So far NME hasn’t been able to sign any large Hollywood players, so Mr. Jayanarayan’s optimism, while admirable, is a little bit misplaced.

Link: hardware Geeks - 40 GB DVD?