Fuji and Olympus have announced a 1GB xD-Picture Card. The M1GB will be available at the beginning of next year. The new card uses high density MLC (Multi Level Cell) memory technology to make it possible to pack 1GB into an ultra-compact card.The new technology will allow for xD-Picture Cards up to a capacity potential of 8GB. The ultra-compact card was first launched two years ago and up until now has only been used in Fuji and Olympus cameras. Kodak has just announced that its latest camera, the LS755, uses xD-Picture Card storage media.