A non-volatile, random access memory technology that is designed to initially replace flash memory and, eventually, DRAM memory. Invented by Stanford Ovshinsky, who founded Energy Conversion Devices (ECD) in 1960, the vendors of phase change memory products are licensees of Ovonyx Unified Memory (OUM) from Ovonyx, Inc. (www.ovonyx.com), an ECD spin-off. "Phase change RAM" (PRAM and PCRAM) and "chalcogenide RAM" (C-RAM) are other names for phase change memory (PCM). Electrical Vs. Optical Phase Change Phase change memory employs the same principle as rewritable optical discs (CD-RWs, DVD-RWs, etc.), in which the bit cell is either in an unstructured "amorphous" or highly structured "crystalline" state, both of which are extremely stable. However, phase change memory uses electrical pulses to change the bit rather than the heat from a laser as with optical discs. In addition, the bit in phase change memory is read by measuring the electrical resistance through the cell, not the reflection of the laser light (see phase change disc). In addition, phase change memory cells are considerably denser than optical disc cells, and they can be made to hold more than one bit. In fact, prototypes with several dozen bits per cell have been demonstrated. Phase Change Vs. Flash Phase change memory eliminates many of the disadvantages of flash memory. Like DRAM and SRAM memory, any byte in phase change memory can be written; whereas, flash requires an entire block to be written. As the flash cell's elements (feature sizes) become smaller, its floating gate architecture becomes more problematic. However, the smaller the phase change memory cell, the denser and faster the phase change chip becomes. In addition, phase change memory handles millions of rewrites compared to hundreds of thousands for flash. See PCMS, phase change disc, chalcogenide glass and future memory chips.