Netlist Ships Next Generation of NVMe(TM) Solid State Drives

Rhea-AI Summary

Netlist, Inc. (OTCQB:NLST) has announced the shipment of its next-generation NVMe™ SSDs, the high-performance N1952 and low-power N1552 series. Leveraging cost-effective 96-layer 3D NAND technology, these SSDs offer enhanced performance, data integrity, and security features. Key specifications include transfer speeds up to 6 GB/s, low power consumption under 8W, and compliance with TCG Opal for encryption. The company aims to provide supply chain flexibility, significantly reducing delivery lead times and supporting high-capacity drives, which is advantageous for various sectors such as healthcare and finance.

Positive

• Introduction of next-generation NVMe SSDs enhances product portfolio.
• High transfer speeds up to 6 GB/s and 1M Read IOPs (N1952) boost performance.
• Cost-effective 96-layer 3D NAND technology improves manufacturing efficiency.
• Reduction in drive lead time delivery to less than 4 weeks benefits customers.
• Strategic procurement capabilities for high-capacity drives (8TB and 16TB) meets market demand.

Negative

• None.

Performance and Supply Chain Advantages with Netlist's 96-Layer High Performance N1952 and Low Power N1552 Series SSDs

IRVINE, CA / ACCESSWIRE / September 30, 2020 / Netlist, Inc. (OTCQB:NLST) today announced the production shipment of its next generation of high performance N1952 and low power N1552 product line of NVMe™ Solid State Drives (SSDs). Both products' series use cost-effective 96-layer 3D NAND technology and enhanced firmware that provides superior performance, data integrity and security using standards-based T10 Protection Information (PI) and encryption key management features.

Mario Martinez, Netlist Senior Director Product Marketing, said, "Netlist's next generation of NVMe SSDs are optimized to deliver exceptional performance, providing end users with superior experiences. Our end-to-end T10 PI feature, variable sector size support, and TCG Opal enablement are ideal for healthcare database management, financial high-frequency trading, military, and government data communication applications requiring maximum data integrity and security."

Netlist provides supply chain flexibility for its NVMe SSD customers by:

• Reduction in drive lead time delivery (< 4 weeks)
• Strategic procurement capabilities for high-capacity drives (8TB and 16TB)
• Extended product life cycles for half-height, half-length (HHHL) drive support
• Flexible inventory management to handle unpredictable demands

Netlist's high performance N1952 and low power N1552 SSDs deliver:

• High transfer speeds up to 6 GB/s and up to 1M Read IOPs (N1952)
• Low active power: < 8W (N1552)
• NVM Express compliant form factors: U.2 (2.5") & AIC HHHL
• TCG Opal encryption key management to help reduce data breach costs
• AES-256 encryption: Self-Encrypting Drive (SED)
• T10 PI for end-to-end data protection (DIF/DIX)
• Variable sector sizes (512B, 4KB, 512+8B, 4KB+8B, 4KB+64B) used for erasure coding to ensure the highest data integrity for mission critical applications
• Up to 32 namespaces for virtualization and application acceleration, reducing TCO
• Thermal management temperature settings & sensors
• Dual port PCIe capability

For a complete list of Netlist's NVMe SSD products (AIC HHHL, U.2, and M.2), visit www.netlist.com/products/nvme-ssd or contact your local Netlist sales representative, at www.netlist.com/sales-support for additional information.

For pricing, availability, and general NVMe SSD inquiries, please email ssd@netlist.com.

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

View source version on accesswire.com:
https://www.accesswire.com/608288/Netlist-Ships-Next-Generation-of-NVMeTM-Solid-State-Drives

FAQ

What new products did Netlist (NLST) announce in September 2020?

Netlist announced the shipment of its next-generation NVMe™ SSDs, the N1952 and N1552 series.

What are the key features of Netlist's N1952 and N1552 SSDs?

The N1952 features transfer speeds up to 6 GB/s, while the N1552 maintains low active power under 8W, both offering enhanced data security.

How does Netlist plan to support its SSD customers?

Netlist aims to provide supply chain flexibility by reducing lead time delivery to less than 4 weeks and offering strategic procurement for high-capacity drives.

What advantages do the N1952 and N1552 SSDs have for specific industries?

These SSDs are optimized for sectors like healthcare, finance, military, and government, where data integrity and security are crucial.

What encryption features are included in Netlist's new SSDs?

The new SSDs feature TCG Opal encryption key management and AES-256 encryption for data protection.