Israeli USB stick inventor bets on TV and medical devices

[MOSHAV YARKONA, Israel] Israeli high-tech pioneer Dov Moran - whose company M-Systems invented the USB stick and expanded the use of flash memory that today drives most electronic devices - is turning his sights to television and medical equipment.

"We are at the beginning of a new era. We will be more computerised, better connected and healthier," said Mr Moran, 58, considered a founding father of Israel's high-tech sector, one of the country's main growth drivers.

Health treatment is going through a radical change as smart sensors and monitoring will enable people to stay at home rather than go to hospitals, he said.