NETLIST INC - NLST STOCK NEWS

Netlist announced the launch and shipment of its N1962 Series Gen4 NVMe SSDs, designed for high-performance server and storage applications. These SSDs utilize the PCIe Gen4 protocol and offer backward compatibility with Gen3, enabling speeds of 7 GB/s sequential and 1.6M IOPS random read. With capacities available up to 16TB, the N1962 SSDs aim to meet the growing demand amid a tight supply environment. Short lead times of <2 to 4 weeks enhance service to enterprise clients, ensuring their production schedules remain intact.

Netlist, Inc. (OTCQB:NLST) has appointed Todd Levy as Vice President of Sales. With over 25 years of experience in memory and storage businesses, Levy previously held significant roles at SMART Modular Technologies and served as Global Account Manager for Dell at Netlist in the early 2000s. C.K. Hong, CEO, emphasized Levy's strong industry knowledge and relationships, marking a potential strategic advantage for the company.

Netlist offers high-performance SSDs and modular memory solutions, focusing on innovation in data storage and advanced memory technologies.

Netlist, Inc. (OTCQB:NLST) announced a favorable claim construction order from the U.S. District Court for the Western District of Texas regarding patent infringement against SK hynix related to its RDIMM and LRDIMM memory products.

The Court's decision supports Netlist's proposed definitions for key patent claims, positioning them strongly in the case. A jury trial is scheduled for July 6, 2021, following the discovery and pre-trial phase. This order is seen as a critical development for Netlist in asserting patent validity and potential infringement.

Netlist, Inc. (OTCQB:NLST) announced its participation in two upcoming virtual investor conferences: the Arete Tech Conference 2021 on March 4, 2021, and the 33rd Annual ROTH Conference on March 16, 2021. Investors interested in attending should contact their respective representatives. Netlist specializes in high-performance SSDs and memory subsystems, with products designed for various industries. The company also holds multiple patents concerning memory and storage technologies.

Netlist, Inc. (OTCQB:NLST) announced its financial results for the year ending January 2, 2021, reporting net sales of $47.2 million, a significant increase from $26.1 million in 2019. Gross profit rose to $6.7 million (14.3% of net sales) compared to $2.6 million (9.8%). The net loss for the year was ($7.3) million or ($0.04 per share, down from ($12.5) million and ($0.08 per share in 2019. In Q4 2020, net sales were $11.5 million with a gross profit of $1.5 million (12.7%).

Netlist, Inc. (OTCQB:NLST) announced that the U.S. Court of Appeals for the Federal Circuit denied SK hynix's petition to change the venue for their patent infringement case. The court upheld the prior ruling that the case will proceed in the U.S. District Court for the Western District of Texas. The jury trial is scheduled for July 6, 2021. CEO C.K. Hong expressed satisfaction with the ruling, emphasizing that it ensures due process and a timely resolution to the case.

Netlist, Inc. (OTCQB:NLST) is set to report its financial results for the fourth quarter and full-year ended January 2, 2020, on March 1, 2021, post market close. A conference call will follow at 5:00 p.m. ET, where participants can pre-register for immediate access. Netlist specializes in high-performance SSDs and modular memory subsystems, with notable products like the HybriDIMM for real-time analytics and various patented technologies in the memory domain. For details, visit www.netlist.com.

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.

Netlist, Inc. (OTCQB:NLST) will participate in the Roth Technology Virtual Event on November 11-12, 2020. The Company invites investors to join 1-on-1 meetings on November 12th by notifying their Roth representative. Netlist is known for its high-performance SSDs and modular memory solutions, including the HybriDIMM storage class memory, designed for demanding applications like Big Data and high-performance computing. The Company holds various patents related to memory technologies and is actively engaged in litigation concerning its intellectual property.