Netlist, Celestica, and Violin Collaborate to Showcase Enhanced Performance of Violin's New QV2020 NVMe Storage Platform at SuperComputing 2020

Rhea-AI Summary

Netlist (OTCQB:NLST) announced a collaboration with Celestica and Violin to showcase its 3.84TB U.2 NVMe SSDs at the SuperComputing 2020 conference from November 9 to 19, 2020. This partnership highlights the QV2020 storage platform, combining Celestica's Athena+ NVMe technology with Violin's software-defined storage and Netlist's SSDs. The integrated solution targets demanding workloads, aiming to deliver high performance at an affordable price. Representatives will engage with attendees via the Celestica virtual booth during the event.

Positive

• Strategic collaboration with Celestica and Violin enhances market visibility.
• Showcase of 3.84TB U.2 NVMe SSDs highlights product capabilities.
• Partnership aims to meet high-performance requirements of enterprise applications.

Negative

• No financial metrics provided in the announcement.
• Potential risks associated with ongoing patent litigation could impact business.

IRVINE, CA / ACCESSWIRE / November 11, 2020 / Netlist, Inc. (OTCQB:NLST) today announced that through a collaboration with Celestica and Violin, a StorCentric company, it will showcase its 3.84TB U.2 NVMe SSDs at the SuperComputing 2020 conference from November 9 to 19, 2020.

During the virtual conference, Celestica, Violin, and Netlist will showcase a fully loaded QV2020, the latest line in Violin's simple, fast, affordable high-performance NVMe storage platforms. The new high-performance storage platform features Celestica's Athena+^TM NVMe Platform coupled with Violin's QV2020 software-defined all flash storage solution, and Netlist's 3.84TB U.2 NVMe SSDs. Representatives will be available to discuss the solution through the Celestica SC20 conference booth throughout the conference.

"Netlist's NVMe SSDs are a perfect match for the low latency and high bandwidth requirements of Violin's QV2020 solution," said, Tinh Ngo, Vice President of Marketing, at Netlist. "The performance capabilities and affordability of NVMe based storage platforms are truly exceptional, meeting the needs of the most demanding workloads and an expanding set of enterprise applications."

"We are excited to partner with Netlist and Celestica to showcase the enhanced performance of our latest software-defined NVMe storage platform," said Bob Antoniazzi, Vice President, Product Management and Operations at Violin, a StorCentric company. "This fully integrated solution is populated with Netlist SSDs to deliver the high-performance required by today's most powerful compute and storage workloads."

"We are delighted to have Violin Systems and Netlist join our virtual booth at SC20," said Todd Beaudoin, Celestica's General Manager, Enterprise Hardware Platforms. "Celestica is committed to setting a new standard for high-performance enterprise storage with the most challenging application workloads. Our partnership with Violin and Netlist is advancing innovation and unlocking economic growth for our common customers. We are excited that Celestica's Athena hardware platform is the foundational platform for this unique solution."

About VIOLIN, a StorCentric Company
As the creator of the flash array storage industry, VIOLIN continues to innovate groundbreaking, high-performance technology solutions that serve the complex computing needs of the world's most demanding enterprises and public sector organizations. Customers worldwide realize that our ability to quickly move, manage and maintain information offers them a unique competitive advantage. Founded in 2005 and headquartered at the base of Pikes Peak, VIOLIN® is proud to call Colorado Springs, Colorado home. VIOLIN owns a large and compelling patent portfolio including more than 100 patents issued in the United States. Our strengths are speed, flexibility and people. Violin Memory is part of the StorCentric family of brands.

About Netlist
Netlist provides high-performance SSDs and modular memory subsystems to enterprise customers in diverse industries. The Company's NVMe™ SSD portfolio provides industry-leading performance offered in multiple capacities and form factors. HybriDIMM™, Netlist's next-generation storage class memory product, addresses the growing need for real-time analytics in Big Data applications, in-memory databases, high-performance computing and advanced data storage solutions. Netlist also manufactures a line of specialty and legacy memory products to storage customers, appliance customers, system builders and cloud and datacenter customers. Netlist holds a portfolio of patents in the areas of server memory, hybrid memory, storage class memory, rank multiplication and load reduction. To learn more, visit www.netlist.com.

Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical facts and often address future events or Netlist's future performance. Forward-looking statements contained in this news release include statements about Netlist's ability to execute on its strategic initiatives. All forward-looking statements reflect management's present expectations regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These risks, uncertainties and other factors include, among others: risks related to Netlist's plans for its intellectual property, including its strategies for monetizing, licensing, expanding, and defending its patent portfolio; risks associated with patent infringement litigation initiated by Netlist, such as its ongoing proceedings against SK hynix Inc., or by others against Netlist, as well as the costs and unpredictability of any such litigation; risks associated with Netlist's product sales, including the market and demand for products sold by Netlist and its ability to successfully develop and launch new products that are attractive to the market; the success of product, joint development and licensing partnerships; the competitive landscape of Netlist's industry; and general economic, political and market conditions, including quarantines, factory slowdowns or shutdowns, and travel restrictions resulting from the COVID-19 pandemic. All forward-looking statements reflect management's present assumptions, expectations and beliefs regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These and other risks and uncertainties are described in Netlist's annual report on Form 10-K for its most recently completed fiscal year filed on March 10, 2020, and the other filings it makes with the U.S. Securities and Exchange Commission from time to time, including any subsequently filed quarterly and current reports. In light of these risks, uncertainties and other factors, these forward-looking statements should not be relied on as predictions of future events. These forward-looking statements represent Netlist's assumptions, expectations and beliefs only as of the date they are made, and except as required by law, Netlist undertakes no obligation to revise or update any forward-looking statements for any reason.

For more information, please contact:
Netlist
ssd@netlist.com
(949) 435-0025

Investors/Media
The Plunkett Group
Mike Smargiassi
NLST@theplunkettgroup.com
(212) 739-6729

SOURCE: Netlist, Inc. via EQS Newswire

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FAQ

What is Netlist's participation in SuperComputing 2020?

Netlist is showcasing its 3.84TB U.2 NVMe SSDs through a collaboration with Celestica and Violin at the SuperComputing 2020 conference.

What products are being highlighted by Netlist at the event?

Netlist is highlighting its 3.84TB U.2 NVMe SSDs as part of the QV2020 storage platform during the SuperComputing 2020 conference.

Which companies are collaborating with Netlist for this showcase?

Netlist is collaborating with Celestica and Violin to showcase their enhanced NVMe storage solutions.

What is the significance of the QV2020 storage platform?

The QV2020 platform integrates Netlist's SSDs with Celestica's Athena+ technology and Violin's software-defined storage to meet the needs of high-performance computing.