Density Dynamics received $50,000 from Wachovia

In the solid-state storage and I/O acceleration technology, Density Dynamics, a majority-owned subsidiary of Speedus Corp., has received a 2nd payment from Wachovia Corporation related to testing of its high performance DRAM based solid state drives.

The $50,000 payment brings the total received from Wachovia to approximately $200,000.

Discussions for implementation of Density’s next generation of RamFlash SSD devices are ongoing.