Netlist Expands IP Portfolio With Newly Issued Patents
IRVINE, CA -- (Marketwire) -- 03/13/13 -- Netlist, Inc. (NASDAQ:
NLST), a leading provider of high performance and hybrid memory
solutions for the cloud computing and storage markets, announced
today that the United States Patent and Trademark Office (USPTO)
issued to Netlist U.S. Patent 8,345,427 (the '427 patent) and U.S.
Patent 8,359,501 (the '501 patent).
The newly-issued patents address growing technical bottlenecks in the
area of high-density server memory. As density progression of
monolithic DRAMs slows, server memory solutions will increasingly
require technologies that can integrate a greater number of existing,
lower-density DRAM chips in order to achieve high-density modules.
The '427 patent claims innovations critical to integrating a large
number of DRAMs on a single DIMM by allowing a stack of multiple
memory boards to fit in a single DIMM socket and remain cool despite
the dense design form factor. Another growing challenge for the
memory industry is the ability to rigorously test large amounts of
memory at operating speeds. The '501 patent claims a revolutionary
technology that significantly reduces the time it takes to thoroughly
test high density server memory modules "at speed," providing Netlist
with a key competitive advantage -- the ability to efficiently yield
high quality memory products.
"As an ongoing strategic initiative, Netlist continues to prioritize
IP development as it creates and perfects advanced technologies for
the server and storage markets. The steady issuance of new patents,
USPTO's continued validation of claims under reexamination and
increasing citations of Netlist patents by industry leaders, such as
Micron and Google, are all indicative of the disruptive nature and
inherent value of our patent portfolio," said Netlist President and
CEO, C.K. Hong.
Through its targeted patenting activities, Netlist has invested and
grown its Intellectual Property, which now includes multiple patent
portfolios in the areas of high performance and high-density memory
subsystems and hybrid memory technologies.
Netlist, Inc. designs and manufactures
high-performance, logic-based memory subsystems for server and
storage applications for cloud computing. N
etlist's flagship products
include HyperCloud(TM), a patented memory technology that breaks
traditional memory barriers, NVvault(TM) family of products that
enables data retention during power interruption, EXPRESSvault(TM), a
PCI Express backup/recovery solution for cache data protection 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 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 and an engineering design
center in Silicon Valley, CA. 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(TM), NVvault(TM),
HyperCloud(TM) and VLP Planar-X RDIMM; the rapidly-changing nature of
technology; risks associated with intellectual property, including
the costs and unpredictability of litigation over infringement of our
intellectual property and the possibility of the Company's patents
being re-examined 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 February 28, 2012, 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 (investors)
Katie Vroom (media)
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