IRVINE, Calif., Oct. 21, 2015 /PRNewswire/ -- Netlist, Inc.
(NASDAQ: NLST), a leading provider of high performance memory
solutions for the cloud computing and storage markets, today
announced the appointment of Mat Young as Vice President of
Marketing. He will be responsible for marketing operations,
product management, and ecosystem alliances worldwide and will lead
the execution of Netlist's strategic product vision.
Young brings 20 years of experience in the application and
storage industry. He most recently served as Senior Director
of ESS Technical Marketing at the Data Propulsion Labs at SanDisk.
Prior to SanDisk, he founded the European subsidiary of
Fusion-io and helped build the Data Propulsion Labs as the
technical marketing function of Fusion-io Worldwide. Young
began his career at Data General, and also held positions with
Microsoft and 3PAR.
"We are thrilled to have Mat lead Netlist's marketing efforts
with his extensive storage industry experience and application
expertise as we embark on bringing our high performance hybrid
memory products to market," said C.K.
Hong, President and CEO of Netlist.
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 NVvault® and EXPRESSvault™, a family of hybrid
memory products that significantly accelerate system performance
and provide mission critical fault tolerance, as well as
HyperVault, its next generation hybrid memory solution which is
under development and greatly expands the performance and capacity
of DRAM channel storage. The Company's product offering also
includes a broad portfolio of industrial Flash and specialty memory
subsystems including VLP (very low profile) DIMMs and Planar-X
RDIMMs. Netlist has steadily invested in and grown its
worldwide IP portfolio, which now includes 88 issued and pending
patents in the areas of high performance memory and hybrid memory
technologies.
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 and hyperscale datacenter operators that
design and build servers, storage systems and 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 HyperVault™,
EXPRESSvault™, NVvault®, HyperCloud® and VLP
Planar-X RDIMM; the timing and magnitude of the decrease in sales
to our key customer; our ability to leverage our NVvault® and
EXPRESSvault™ technology in a more diverse customer base; the
rapidly-changing nature of technology; risks associated with
intellectual property, including risks associated with the inherent
uncertainty of the litigation process, and we can provide no
assurance that our efforts to mitigate the effects of the jury
verdict will be successful, 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 27, 2015, 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.
Mike Smargiassi/Jenny
Perales
NLST@braincomm.com
(212) 986-6667
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SOURCE Netlist, Inc.