Netlist Expands IP of Hybrid Memory Systems
17 January 2014 - 7:50AM
Marketwired
Netlist Expands IP of Hybrid Memory Systems
Two New Fundamental Patents Covering Hybrid DRAM / FLASH Memory
Modules
IRVINE, CA--(Marketwired - Jan 16, 2014) - Netlist, Inc.
(NASDAQ: NLST), a leading provider of high performance memory
solutions for the cloud computing and storage markets, announced
today that the United States Patent and Trademark Office (USPTO)
has issued Notices of Allowance for two of Netlist's pending patent
applications covering core aspects of hybrid memory systems that
combine DRAM and FLASH memory technologies.
Hybrid memory systems combine the speed, endurance, and
reliability of DRAM with the persistence, high density and low cost
of FLASH. The claims contained in these new patents cover
innovations critical to facilitating the movement of data between
the host system and the DRAM memory and between the DRAM and FLASH
memory subsystems.
"The rapidly expanding market for the fusion of memory and
storage is an important area for Netlist and one where we continue
to actively grow our patent portfolio," said Netlist President and
CEO, C.K. Hong. "Enterprise flash storage solutions, of which
Hybrid memory modules and memory channel interface SSDs are a part
of, are projected to be an $8B market by 2017. Netlist is proud to
be the market leader in this transformation and we see significant
opportunities for current and future products as well as patent
monetization."
Netlist has steadily invested in and grown its IP portfolio,
which now includes 41 issued patents and more than 29 US and
foreign pending patent applications in the areas of high
performance and high density memory subsystems and hybrid memory
technologies.
About Netlist:
Netlist, Inc. designs and manufactures high-performance,
logic-based memory subsystems for server and storage applications
for cloud computing. Netlist's flagship products include
HyperCloud®, a patented memory technology that breaks traditional
performance barriers, NVvault™ and EXPRESSvault™ family of products
that significantly accelerate system performance and provide
mission critical fault tolerance, and a broad portfolio of
industrial flash and specialty memory subsystems including VLP
(very low profile) DIMMs and Planar-X RDIMMs.
Netlist develops technology solutions for customer applications
in which high-speed, high-capacity, small form factor and efficient
heat dissipation are key requirements for system memory. These
customers include OEMs that design and build tower, rack-mounted,
and blade servers, high-performance computing clusters, engineering
workstations and telecommunications equipment. Founded in 2000,
Netlist is headquartered in Irvine, CA with manufacturing
facilities in Suzhou, People's Republic of China. Learn more at
www.netlist.com.
Safe Harbor
Statement: This news release contains forward-looking
statements regarding future events and the future performance of
Netlist. These forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those expected or projected. These risks and uncertainties
include, but are not limited to, risks associated with the launch
and commercial success of our products, programs and technologies;
the success of product partnerships; continuing development,
qualification and volume production of EXPRESSvault™, NVvault™,
HyperCloud® and VLP Planar-X RDIMM; the timing and magnitude of the
anticipated decrease in sales to our key customer; our ability to
leverage our NVvault™ technology in a more diverse customer base;
the rapidly-changing nature of technology; risks associated with
intellectual property, including patent infringement litigation
against us as well as the costs and unpredictability of litigation
over infringement of our intellectual property and the possibility
of our patents being reexamined by the United States Patent and
Trademark office; volatility in the pricing of DRAM ICs and NAND;
changes in and uncertainty of customer acceptance of, and demand
for, our existing products and products under development,
including uncertainty of and/or delays in product orders and
product qualifications; delays in the Company's and its customers'
product releases and development; introductions of new products by
competitors; changes in end-user demand for technology solutions;
the Company's ability to attract and retain skilled personnel; the
Company's reliance on suppliers of critical components and vendors
in the supply chain; fluctuations in the market price of critical
components; evolving industry standards; and the political and
regulatory environment in the People's Republic of China. Other
risks and uncertainties are described in the Company's annual
report on Form 10-K filed on March 29, 2013, and subsequent filings
with the U.S. Securities and Exchange Commission made by the
Company from time to time. Except as required by law, Netlist
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
For more information, please contact: Brainerd Communicators,
Inc. Corey Kinger Mike Smargiassi NLST@braincomm.com (212)
986-6667
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