STEC Opens Storage Technology Innovation Center in Pune, India
September 04 2011 - 11:00PM
STEC, Inc. (Nasdaq:STEC), The SSD Company™, a leading global
provider of solid-state drive (SSD) technologies and products,
today announces the inauguration of its new Storage Technology
Innovation Center located in Pune, India. The design center
provides STEC with additional storage software development
resources for such products as its recently announced EnhanceIO™
SSD Cache Software, and for next-generation solutions incubated
from early proof of concept through product development and
productization.
Conveniently located in the heart of Pune's vibrant technology
sector, the design center includes a state-of-the-art test and
research lab. STEC plans to strategically utilize its Storage
Technology Innovation Center and software development team to
create software products which are complementary to its already
extensive enterprise-class solid-state portfolio. Software created
by the center is being designed to enable customers to take full
advantage of SSD performance, endurance and reliability, which
should further drive widespread adoption of SSDs in the
enterprise.
"We are very excited about the opening of our Storage Technology
Innovation Center in Pune, and with a strong pool of local
world-class software engineering talent we are adding critical
software functionality to our solid-state portfolio, which will be
a key to staying ahead of the competition," said Mark Moshayedi,
STEC's President, COO & CTO. "The opening of our Pune
Innovation Center will enable us to efficiently leverage local
software development expertise and facilitate innovation in
entirely new ways to better service our customers' evolving
needs."
With today's opening, STEC announces that Anurag Agarwal will
serve as General Manager of the Innovation Center in Pune. Mr.
Agarwal is leading STEC's efforts to recruit and hire high-caliber
software developers who want to take advantage of a unique
opportunity to be part of a complete product development process,
as opposed to contributing just parts to an overall solution
developed elsewhere. Key positions include senior and principal
software engineers, software developers and quality assurance
engineers. Interested applicants should visit the India career
openings website at
http://www.stec-inc.com/aboutstec/careers_india.php.
"The establishment of the Storage Technology Innovation Center
in Pune is important because it brings new solid-state technologies
to India and will allow our local software team to make vital
contributions towards the development of advanced technologies,"
said Anurag Agarwal, STEC's General Manager of the Storage
Technology Innovation Center. "STEC is committed to creating new
and exciting job opportunities for the local community, and more
importantly, offering career paths for engineers who want to be
involved in the early stages of the high profile and
rapidly-growing solid-state market in India."
STEC officially opens its Storage Technology Innovation Center
in Pune on Monday, September 5th with a ribbon-cutting ceremony in
the the morning, a local press conference in the afternoon, and a
technical seminar in the evening where approximately 100 developers
are expected to attend a presentation on STEC technologies and
solutions.
For more information regarding STEC's new Storage Technology
Innovation Center in Pune, India or its comprehensive solid-state
product portfolio of enterprise and embedded solutions, please
visit the company's web site at http://www.stec-inc.com.
About STEC
STEC, Inc., The SSD Company™, is a leading global provider of
solid-state drive (SSD) technologies and solutions tailored to meet
the high-performance, high-reliability needs of original equipment
manufacturers (OEMs). With headquarters in Santa Ana, California
and locations worldwide, STEC leverages almost two decades of
solid-state knowledge and experience to deliver the most
comprehensive line of SSDs to the storage industry. For more
information, visit the company's web site at
http://www.stec-inc.com.
The STEC logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=1079
STEC, the STEC logo, The SSD Company, and EnhanceIO are either
registered trademarks or trademarks of STEC, Inc. in the United
States and certain other countries. All other trademarks or brand
names referred to herein are the property of their respective
owners.
Safe Harbor Statement Under the Private Securities
Litigation Reform Act of 1995
This release contains forward-looking statements that involve
risks and uncertainties, including those statements concerning the
capabilities, expectations and requirements of the Storage
Technology Innovation Center in Pune, India; the hiring of software
engineers, software developers and quality assurance engineers by
the Storage Technology Innovation Center; customer adoption and
utilization of EnhanceIO SSD Cache Software or other software
developed at the Storage Technology Innovation Center; the
performance of SSD solutions enabled with EnhanceIO SSD Cache
Software; the adoption of EnhanceIO SSD Cache Software and SSDs in
general into new applications and markets; and the evolving
enterprise storage and server markets. Such forward-looking
statements are based on current expectations and involve inherent
risks and uncertainties, including factors that could delay, divert
or change any of them, and could cause actual outcomes and results
to differ materially from current expectations. Important factors
that could cause actual results to differ materially from those
expressed or implied in the forward-looking statements are detailed
in filings with the Securities and Exchange Commission made from
time to time by STEC, including its Annual Report on Form 10-K, its
Quarterly Reports on Form 10-Q, and its Current Reports on Form
8-K. The information contained in this press release is a statement
of STEC's present intention, belief or expectation. STEC may change
its intention, belief or expectation, at any time and without
notice, based upon any changes in such factors, in STEC's
assumptions or otherwise. STEC undertakes no obligation to release
publicly any revisions to any forward-looking statements to reflect
events or circumstances occurring after the date hereof or to
reflect the occurrence of unanticipated events.
CONTACT: Scott Harlin
Public Relations Manager
STEC, Inc.
(949) 260-8231
sharlin@stec-inc.com
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