Supermicro® Announces Filing of Revised Compliance Plan with NASDAQ Stock Market
November 30 2017 - 09:00AM
Business Wire
Super Micro Computer, Inc. (NASDAQ:SMCI), a global leader
in high-performance, high-efficiency server, storage technology and
green computing, today announced that on November 29, 2017 it had
submitted a revised compliance plan to The NASDAQ Stock Market
("NASDAQ") to support its request for an extension of time to
regain compliance with the NASDAQ continued listing requirements.
Pursuant to NASDAQ rules, Super Micro’s securities will remain
listed on the NASDAQ Global Select Market pending NASDAQ's review
of the revised compliance plan. Super Micro intends to take all
necessary steps to achieve compliance with the NASDAQ continued
listing requirements as soon as practicable.
Cautionary Statement Regarding Forward Looking
Statements
Statements contained in this press release that are not
historical fact may be forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Such forward-looking
statements may relate, among other things, the preliminary
financial information for the quarter ended September 30, 2017 and
the guidance provided for the quarter ending December 31, 2017.
Such forward-looking statements do not constitute guarantees of
future performance and are subject to a variety of risks and
uncertainties that could cause our actual results to differ
materially from those anticipated, including any impact which may
arise from the pending Audit Committee investigation. Additional
factors that could cause actual results to differ materially from
those projected or suggested in any forward-looking statements are
contained in our filings with the Securities and Exchange
Commission, including those factors discussed under the caption
"Risk Factors" in such filings.
About Super Micro Computer, Inc.
Supermicro®, a global leader in high-performance,
high-efficiency server technology and innovation is a premier
provider of end-to-end green computing solutions for Data Center,
Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded
Systems worldwide. Supermicro's advanced Server Building Block
Solutions® offer a vast array of components for building
energy-efficient, application-optimized, computing solutions.
Architecture innovations include Twin, TwinPro, FatTwin™, Ultra
Series, MicroCloud, MicroBlade, SuperBlade®, Double-sided Storage®,
Battery Backup Power (BBP®) modules and WIO/UIO.
Products include servers, blades, GPU systems, workstations,
motherboards, chassis, power supplies, storage, networking, server
management software and SuperRack® cabinets/accessories delivering
unrivaled performance and value.
Founded in 1993 and headquartered in San Jose, California,
Supermicro is committed to protecting the environment through its
"We Keep IT Green®" initiative. The Company has global logistics
and operations centers in Silicon Valley (USA), the Netherlands
(Europe) and its Science & Technology Park in Taiwan
(Asia).
Supermicro, FatTwin, TwinPro, SuperBlade, Double-Sided Storage,
BBP, SuperRack, Building Block Solutions and We Keep IT Green are
trademarks and/or registered trademarks of Super Micro Computer,
Inc.
All other brands, names and trademarks are the property of their
respective owners.
SMCI-F
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Super Micro Computer, Inc.Perry G. Hayes, 408-895-6570SVP,
Investor RelationsPerryH@Supermicro.com