An Individual Address Block is an inactive registry activity which has been replaced by the MA-S registry product as of 1 January 2014. The IAB uses a MA-L (and OUI) belonging to the IEEE Registration Authority, concatenated with 12 additional IEEE-provided bits (for a total of 36 bits), leaving only 12 bits for the IAB owner to assign to their (up to 4096) individual devices. An IAB is ideal for organizations requiring not more than 4096 unique 48-bit numbers (EUI-48). Unlike an OUI, which allows the assignee to assign values in various different number spaces (for example, EUI-48, EUI-64, and the various context-dependent identifier number spaces), the Individual Address Block could only be used to assign EUI-48 identifiers. All other potential uses based on the OUI from which the IABs are allocated are reserved, and remain the property of the IEEE Registration Authority. It should also be noted that, between 2007 and September 2012, the OUI value 00:50:C2 was used for IAB assignments. After September 2012, the value 40:D8:55 was used. The owners of an already assigned IAB may continue to use the assignment.