Here's an article directly from the university:
http://oregonstate.edu/ua/ncs/archives/2013/feb/researchers-invent-%E2%80%9Cacoustic-assisted%E2%80%9D-magnetic-information-storage
It isn't any more clear than the excerpt that Wolfgang published. It doesn't look like they're talking about SSDs in the commercially-available sense, but rather about a new technology that's kind of like magnetic recording ala HDDs, but somehow uses ultrasound to store or help store the bits. So a little like HAMR, but then they go on about a solid state memory device:
It should also be possible to create a solid state memory device with no moving parts to implement this technology, researchers said. Unlike conventional hard-disk drive storage, solid state memory would offer durability.
The article doesn't say who "researchers" refers to, or how such a device would work. It certainly doesn't look like a HAMR replacement unless they're talking about just the ultrasound transducer itself and not the entire storage device. And it doesn't look like it has ANYTHING to do with traditional SSDs. To get high storage densities, it has to be talking about manipulating bits on a uniform surface at a microscopic scale. So I don't know how they think this can be done solid state without an actuator arm, but who knows. Maybe they're really smart guys or something.
Now let's do some quick math:
If present-day commercial HDD technology supports streaming writes at up around ~120 MBps from a 3-platter device, then that's 40 MBps per platter, or 320 Mbps per write head. This means that each bit on the platter is being written for no longer than 1 / (320 million) = ~3.1 ns (question: are write heads single-bit, or parallel?), and likely much shorter than that. So these guys are either saying that they want to use ultrasound to warp the disk surface in just 3.1 nanoseconds, or else that the write data rate is going to be much slower.
I need a picture. I just don't see how this tech is going to fly.