IRVINE, Calif., Feb. 3, 2016 /PRNewswire/ -- Netlist, Inc.
(NASDAQ: NLST), announced today the issuance of U.S. Patent Number.
9,128,632 (the '632) and corresponding Chinese patent (CN
102576565) relating to signal timing in Netlist's distributed
buffer architecture and U.S. Patent Number 9,158,684 (the '684)
relating to the architecture of hybrid memory devices.
The signal timing in the distributed buffer architecture claimed
in the '632 was invented by Netlist and incorporated into its
HyperCloud® product at DDR3 and then, years later, adopted by the
broader industry for DDR4 LRDIMM. Netlist holds seminal
patents covering this architecture including U.S. Pat. No.
8,516,185, which in 2015, prevailed against multiple Inter Partes
Review (IPR) petitions from SanDisk and Smart Modular challenging
its validity. The State Intellectual Property Office of the
PRC has also granted Netlist's corresponding Chinese patent (CN
102576565) on the distributed buffer architecture, and related
patent applications are currently pending in other foreign patent
offices.
The '684 patent adds to a growing list of fundamental hybrid
memory patents, including U.S. Patent Numbers 8,301,833, and
8,516,187, both of which also prevailed against multiple IPR
petitions from SanDisk and Smart Modular last year. Netlist's
hybrid memory portfolio arose out of the development of its
NVvault™ technology nearly a decade ago - years ahead of the
industry. Today this technology broadly covers the design of
Non-Volatile DIMMs (NVDIMMs), such as the NVvault®, ULLtraDIMM, and
Netlist's next-generation Storage Class Memory product
HyperVault®.
"Netlist's ground-breaking innovation over the years has made
possible some of the most promising products in the memory business
in terms of their potential for growth and profitability," said
Netlist Vice President of Intellectual Property and Licensing,
Noel Whitley. "This track
record of innovation is reflected in the strength and breadth of
our patent portfolio. We will continue to leverage our
intellectual property for our products business, as well as to
capture additional licensing opportunities in areas such as LRDIMM,
High Bandwidth Memory (HBM), and SSDs."
About Netlist, Inc.
Netlist creates solutions that
accelerate turning data into information. We design and manufacture
controller and software-based memory solutions for our OEM and
Hyperscale customers in the server and storage space. Flagship
products NVvault® and EXPRESSvault™ accelerate system performance
and provide mission critical fault tolerance. HyperVault®,
Netlist's next-generation architecture, expands the performance and
capacity of memory channel storage. The company holds a portfolio
of patents, many seminal, in the area of hybrid memory, rank
multiplication and load-reduction, among others. To learn more,
visit 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, our ability to
regain compliance with NASDAQ listing rules, risks associated with
the launch and commercial success of our products, programs and
technologies; our capital resources; the success of product
partnerships; continuing development, qualification and volume
production of HyperVault™, EXPRESSvault™, NVvault®,
HyperCloud® and VLP Planar-X RDIMM; the timing and
magnitude of the decrease in sales; our ability to leverage our
NVvault® and EXPRESSvault™ technology in a more diverse customer
base; the rapidly-changing nature of technology; risks associated
with intellectual property, including risks associated with the
inherent uncertainty of the litigation process; patent infringement
litigation against us as well as the costs and unpredictability of
litigation over infringement of our intellectual property and the
possibility of our patents being reexamined 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
March 27, 2015, 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:
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Investors:
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Press:
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Brainerd
Communicators, Inc.
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Brainerd
Communicators,
Inc.
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Mike Smargiassi/Jenny
Perales
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Sharon
Oh
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NLST@braincomm.com
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NLST@braincomm.com
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(212)
986-6667
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(212)
986-6667
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SOURCE Netlist, Inc.