SanDisk has announced the 32 gigabyte SanDisk Extreme III CompactFlash card.

SanDisk says the new memory card is designed to meet the demands of professional digital videographers and photographers.

As well as the large storage capacity, the new card offers 30 megabytes per second read and write speeds.

The 32GB SanDisk Extreme III CF card has a suggested retail price in the United States of $299.99, while worldwide availability of the card is targeted for October.