Dutch computer peripherals manufacturer Freecom has brought out one of the first devices based on the USB 3.0 standard - a portable hard drive that provides far faster data-transfer rates then drives based on the older USB 2.0 standard. The portable hard drive can transfer data at approximately 130MB (megabytes) per second. That compares to the existing USB 2.0 standard, which transfers data at a rate of up to 480Mbits per second. The drive can move a 5GB file to a host device in just 38 seconds, the company said. However, initially the USB standard was expected to have a transfer rate of 500MB per second.