Netlist Announces OEM Qualification of NetVault NV Non-Volatile Memory-Subsystem for RAID Controllers

IRVINE, Calif., July 7 /PRNewswire-FirstCall/ -- Netlist, Inc. (Nasdaq: NLST) today announced that Dell Inc. has qualified both its 512 megabyte and 1 gigabyte flash memory-based, non-volatile cache subsystems, NetVault NV™, to support RAID storage applications on PowerEdge servers and PowerVault Direct Attached Storage solutions. With NetVault NV, Netlist is helping enable Dell servers to recover and retain data for weeks following data center power failures. The announcement follows Dell's recent selection of Netlist's battery-backed module, NetVault BB.

"Partnering with Netlist gives Dell's enterprise customers added flexibility and peace of mind when deploying PERC cache solutions," said Sally Stevens, vice president, Server Product Group Platform Marketing, Dell Inc. "NetVault NV delivers the reliability and performance our customers require while reducing the total cost of ownership for this high performing disaster recovery solution."

NetVault NV provides a solution for enhanced data center fault recovery, reduced system downtime and reduced total cost of ownership. The modules offer extended data retention by uniquely combining DRAM and Flash for high throughput performance. With Dell's PowerEdge RAID Controllers (PERC) using NetVault NV, Dell's enterprise customers are able to recover business critical data more reliably following a system outage versus traditional subsystems, which often cannot preserve cache data for more than 24 to 72 hours. In addition, alternative subsystems often require either unplanned or planned system downtime for maintenance. NetVault NV eliminates the need for these system downtimes and the associated loss of sales that can occur during these events.

"We are pleased Dell selected NetVault NV, the latest addition to Netlist's flash product line," said Steve McClure, Vice President of Marketing for Netlist. "Dell's qualification of NetVault NV for this high reliability, disaster recovery application demonstrates our ability to deliver differentiated products enabling OEMs to deliver best in class datacenter solutions."

In addition, NetVault NV only requires power for less than a minute to backup cache data. This flexibility allows OEMs to either use smaller, lower cost batteries or eliminate batteries altogether with the use of the NetVault NV's Power Module Unit (PMU). The PMU uses ultra capacitor technology and allows the NetVault NV solution to achieve full RoHS 6/6 product compliance.

Contact Netlist for pricing, ordering part numbers, datasheets and application notes.  Additional information is available at the Netlist website: http://www.netlist.com.

About Netlist:

Netlist, Inc. designs and manufactures high-performance, logic-based memory subsystems for the server and high-performance computing and communications markets.  The Company's memory subsystems are developed for applications in which high-speed, high-capacity memory, enhanced functionality, small form factor, and heat dissipation are key requirements.  These applications include tower-servers, rack-mounted servers, blade servers, high-performance computing clusters, engineering workstations, and telecommunication equipment.  Netlist was founded in 2000 and is headquartered in Irvine, California with manufacturing facilities in Suzhou, People's Republic of China.

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, continuing development, qualification and volume production of NetVault™ and Hyper Cloud™; the rapidly-changing nature of technology; risks associated with intellectual property, including the costs and unpredictability of litigation over infringement of our intellectual property; 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; 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; fluctuations in the market price of 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, dated February 19, 2010, 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.

SOURCE Netlist, Inc.