IRVINE, Calif., Aug. 23, 2016 /PRNewswire/ -- Netlist, Inc.
(NASDAQ: NLST), today announced the United States Patent and
Trademark Office (USPTO) has issued an Inter Partes Reexamination
Certificate for U.S. Patent No. 7,532,537, marking the final
milestone of the years-long reexamination brought by Inphi. The
'537 patent covers the fundamental concept of load reduction, a
technology integral to the high performance memory module market, a
market forecasted to be $37
billion1 through 2021.
The '537 patent is one of a number of Netlist patents to have
survived post-grant review proceedings. Netlist prevailed in
multiple Inter Partes Reviews (IPRs) brought by SanDisk and Smart
Modular against U.S. Patent No. 8,516,185, covering the distributed
buffer architecture adopted by the industry for DDR4 LRDIMM, as
well as U.S. Patent Nos. 8,301,833 and 8,516,187 related to
clocking and buffering techniques that are critical to the design
of hybrid memory modules such as NVDIMM and Storage Class Memory.
Netlist has also been successful in defending U.S. Patent Nos.
8,001,434 and 8,359,501 against IPRs brought by SanDisk and Smart
Modular, with 15 total claims being validated related to self-test
technologies widely used in LRDIMMs, SSDs, and Storage Class
Memory. The decisions in the self-test IPRs are currently on appeal
before the Federal Circuit Court of Appeals.
"We are very pleased to have received this hard-won certificate
for the reexamination of our seminal '537 patent," said Netlist's
Chief Executive Officer, C.K. Hong.
"We believe the success we have had in defending
our intellectual property in the USPTO and the federal courts
underscores the strength of our patent portfolio, particularly in
the area of high performance DIMMs, and provides us with a solid
platform from which to license our technology."
About Netlist, Inc.
Netlist creates solutions that
accelerate turning raw data into business insight. The company
produces next generation persistent memory solutions that enable
businesses to transact quicker, gain insight faster and reduce
datacenter cost. Flagship products NVvault® and EXPRESSvault®
accelerate system performance and provide mission critical fault
tolerance. HybriDIMM™, Netlist's next-generation Storage
Class Memory, lowers cost and improves performance of big data
analytics and in-memory computing. The company holds a portfolio of
patents, many seminal, in the area of hybrid memory, storage class
memory, rank multiplication and load-reduction, among others.
Netlist is part of the Russell Microcap® Index. 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. A forward-looking statement is neither a
prediction nor a guarantee of future events or circumstances and is
based on currently available market, operating, financial and
competitive information and assumptions. Forward-looking statements
involve risks and uncertainties that could cause actual results to
differ materially from those expected or projected, including,
among others, risks associated with the launch and commercial
success of our products, programs and technologies; the success of
product, joint development and licensing partnerships; continuing
development, qualification and volume production of HybriDIMM™ , as
well as our other products and technologies; the rapidly-changing
nature of technology in our industry; risks associated with
intellectual property, including patent infringement litigation
against us as well as the costs and unpredictability of litigation
over infringement of our intellectual property; volatility in the
pricing of DRAM ICs and NAND flash; changes in and uncertainty of
customer acceptance of, and demand for, our existing products and
products under development, including predictions about the size of
the market for our products; delays in our and our customers'
product releases and development; introductions of new products by
competitors; changes in end-user demand for technology solutions;
and general economic and market conditions. Other risks and
uncertainties are described in our annual report on Form 10-K filed
on March 4, 2016, and subsequent
filings with the U.S. Securities and Exchange Commission we make
from time to time. Except as required by law, we undertake 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/Jenny
Perales
NLST@braincomm.com
(212)
986-6667
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1 Based on estimates from
De Dios & Associates, DRAM Market Advisor
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SOURCE Netlist, Inc.