From DailyTech:

Ridata 128GB SSD uses MLC technology and will retail for $537

SSDs still have a way to go before they are on par with traditional hard drives as far as price and storage capacity goes. Ridata, however, today announced three new SSDs that are at least helping to push the price barrier down to more affordable levels.

The new Ridata SSDs use multi-level cell (MLC) technology that allows the storage of two data bits per cell making for fast read and write speeds with low power consumption. Low power consumption is the key to longer battery life in a notebook and utility savings in the enterprise environment.

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