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While certain companies fight over high definition DVD recording, another type of disk storage is preparing to make matters awfully interesting.

Holographic Virtual Disc or HVD is a disc that can hold up to a terabyte worth of storage. They are also capable of transfer speeds of 1 gigabyte per second. While the storage format is waiting for standardization, Tokyo-based Optware, developer of the HVD format, may be preparing to launch the discs by the end of the year.

According to ITObserver, while some doubt the format will be available very soon, Optware disagrees:

Optware and InPhase, as well as contenders Aprilis Inc. of Maynard, Mass. and Colossal Storage Corp. of San Jose, Calif., are doing their best to get HVD-based products to market and prove skeptics wrong. Both InPhase and Optware plan to have products available this year and to introduce more over the next several years.

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