Fuji Photo Film Co. Ltd. and Olympus have jointly developed a 1GB version of their XD Picture Card memory card which they plan to sell in the first half of next year, they said Monday.

Pricing was not announced and a FujiFilm spokeswoman declined to provide any estimate for how much it will cost.

The current largest capacity XD Picture Card is a 512MB model that was introduced in June 2003, which costs £117.49 including VAT from memory seller, Crucial Europe.

The two companies introduced the XD Picture Card format in 2002 to replace their previous SmartMedia format. The format has seen little additional use beyond the two companies as most digital camera makers are using SD (Secure Digital), MMC (Multimedia Card) or Compact Flash (CF) in their products.