Yes, 2TB flash memory cards sound like a misprint but the SD Association is dead serious about setting a new standard for storage with its SDXC memory cards. The SD Association announced today at CES 2009 in Las Vegas the new SDXC specification with massive storage and ramped up speed in the familiar SD cards. SDXC (eXtended Capacity) supports memory capacities up to 2 terabytes with higher bus speeds which means it can store 100 high-def movies, 60 hours of HD recording, or 17,000 fine-mode photos.

Faster bus speeds are designed to enable improvements like professional level recording in SDXC-compatible camcorders and consecutive shooting of six frames per second in SDXC-compatible cameras.

Since today’s announcement from the SD Assocition is just an introduction to the new standard, no SDXC products currently exist. SDXC compatible cameras and camcorder will likely be featured at CES next year.