STEC CEO, Founder Make Open-Market Stock Purchases, Reflecting Their Continued Confidence in STEC

STEC CEO, Founder Make Open-Market Stock Purchases, Reflecting Their Continued
Confidence in STEC

Mark and Manouch Moshayedi Also Voluntarily Cut Annual Salaries to $1

SANTA ANA, Calif., Dec. 3, 2012 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC),
a leading global provider of solid-state drive (SSD) technologies and
products, today announced the voluntary offer by Mark Moshayedi, president and
chief executive officer, and Manouch Moshayedi, founder, to cut their annual
salaries to $1 in response to STEC's ongoing efforts to lower its costs and
improve its overall financial performance. The salary reduction was accepted
by STEC's Board of Directors and took effect on December 1, 2012.

The two executives also purchased late last month on the open market
approximately 275,000 shares of STEC common stock.

"We strongly believe in STEC's ability to continue to be a leading innovator
in the SSD market and in our management team's efforts to navigate the company
to a better position and realize its long-term potential," said Mark
Moshayedi. "In support of these beliefs, we made open-market purchases of
STEC's shares and have reduced our salaries. The share purchases also reflect
our continued confidence in STEC extending its reach in the global
enterprise-class SSD market, which continues to grow at a healthy pace.We
look forward to executing on our strategy designed to reposition our business
in ways that will allow us to capitalize on this growth and advance our
standing as a leader in this market."

About STEC, Inc.

STEC, Inc. is a leading global provider of enterprise-class solid-state drive
(SSD) technologies and solutions tailored to meet the high-performance,
high-reliability and high-endurance needs of today's data-intensive server and
storage platforms. With headquarters in Santa Ana, California, and locations
worldwide, STEC leverages almost two decades of solid-state knowledge and
experience to design, manufacture and deliver the most comprehensive line of
PCIe, SAS, SATA, and embedded SSDs on the market today. In addition, STEC's
EnhanceIO™ SSD Cache Software enables IT managers to cost-effectively scale
server application performance. STEC's SSD solutions are designed to enable
enterprise-class SSD storage and data-access acceleration in cloud computing
and data centers, and are deployed around the globe.For more information,
please visit www.stec-inc.com.

STEC, the STEC logo, and EnhanceIO are either registered trademarks or
trademarks of STEC, Inc. in the United States and certain other countries. All
other trademarks or brand names referred to herein are the property of their
respective owners.

The STEC, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=1079

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995.

This release contains forward-looking statements that involve risks and
uncertainties, including those statements concerning the growth of the SSD
market; STEC's current repositioning strategy, including extending its reach
in the global enterprise-class SSD market in part through extending STEC's
sales and marketing and channel-support infrastructure to cater to enterprises
directly; the capabilities, performance, cost advantages, and benefits of
STEC's products and solutions; STEC's innovative technologies and leadership;
reduction in certain executive annual salaries; and profitability projections.
Such forward-looking statements are based on current expectations and involve
inherent risks and uncertainties, including factors that could delay, divert
or change any of them, and cause actual outcomes and results to differ
materially from current expectations. Important factors that could cause
actual results to differ materially from those expressed or implied in
forward-looking statements are detailed in filings with the U.S. Securities
and Exchange Commission, made from time to time by STEC, including its most
recent Annual Report on Form 10-K, its subsequent Quarterly Reports on Form
10-Q, and its subsequent Current Reports on Form 8-K, which are available on
the Investor Relations section of STEC's website at www.stec-inc.com. The
information contained in this press release is a statement of STEC's present
intentions, beliefs or expectations. STEC may change its intentions, beliefs
or expectations, at any time and without notice, based upon any changes in
such factors, from STEC's assumptions and otherwise. Except as required by
law, STEC undertakes no obligation to publicly release any revisions to any
forward-looking statements to reflect events or circumstances occurring after
the date thereof, or to reflect the occurrence of unanticipated events.

CONTACT: Mitch Gellman
         Vice President of Investor Relations
         STEC, Inc.
         (949) 260-8328
         ir@stec-inc.com
        
         Jerry Steach
         Director, Public Relations
         STEC, Inc.
         (415) 222-9996
         pr@stec-inc.com

STEC, Inc.
 
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