Hmm, interesting decision. Looks like NEC has made the first commercial laptop without a hard disk drive, aimed at corporate customers who need higher security. And at $3742, it better be good! The Parafield is a laptop with a 12.1-inch screen that will include 3GB of flash ROM for Windows XP Professional and application storage with 512MB of RAM. It's actually being touted as a replacement for thin-client systems, with the OS and applications software stored in flash ROM, letting you use the laptop without a network. Local storage is stored in RAM, so when you turn the laptop off, everything is cleared. So it does pretty well in the way of security, but you'd better remember to backup to either a central server or USB device before you press that off button. The Parafield is based on an Intel Pentium M processor running at 1.73GHz and includes a PC Card slot, Ethernet socket and USB 2.0 port.
NEC Launches HDD-Less Laptop [Bios Magazine]