SanDisk has just officially released their innovative new Ultra II SD PLUS card. It has the capability of transforming itself into a USB flash drive simply by folding in half. Data transfers speeds are estimated at around 9 MB/Sec (megabytes per second) for writing and 10 MB/Sec for reading, an LED will blink while a transfer is in progress.

The Ultra II SD PLUS is expected to ship this April, it will initially be available in 512MB and 1GB sizes. The 512MB card will retail for $109.99 and the 1GB for $149.99.