SANTA ANA, Calif., Jan. 26, 2009 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC), today announced that Hitachi (NYSE:HIT) has developed their highest performance storage platforms utilizing the ZeusIOPS Fibre Channel SSD.
"This partnership with Hitachi is a reflection of the shared vision across Hitachi and STEC. Through close collaboration, STEC has optimized Flash-based SSD products to meet the unique needs of Hitachi," said Manouch Moshayedi, Chairman and Chief Executive Officer of STEC. "STEC is proud to have the partnership with Hitachi, and we look forward to continued collaboration on Enterprise-Storage products."
"Hitachi has been working very closely with STEC over the recent years to fully qualify Flash-based SSDs," said Shuji Sugimoto, Hitachi's General Manager of Storage Systems Development. "In order to support the enterprise OEMs with Flash-based SSDs, an organization must be a broad line supplier with the right mix of technology, infrastructure, quality and cost. STEC and Hitachi are delivering leading-edge technologies that enable customers to provide exceptional performance of business-critical applications, with significantly improved utilization, while also reducing power and cooling consumption."
The ZeusIOPS product line is STEC's high-end enterprise SSD product line, which has been in mass production for more than a year and widely available for enterprise OEMs seeking the optimal storage device technology for high performance and high reliability. STEC offers the drives in a range of capacities up to 1/2 Terabyte today and offers multiple enterprise interfaces spanning Fibre Channel to SAS to SATA. Due to ZeusIOPS' unprecedented level of IOPS, the product is garnering mass adoption in numerous enterprise applications.
About STEC
STEC, Inc., with headquarters in Santa Ana, California and offices around the globe, designs, manufactures and markets high performance solid state storage solutions. The company's product portfolio includes the industry's broadest SSD offerings. For more information, visit the company's web site at www.stec-inc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, statements concerning: specifications and performance attributes of our SSD products, including the ZeusIOPS product line, and Hitachi's storage platforms, delivering unprecedented level of performance and reliability to Hitachi's USP line of storage platforms, close collaboration with Hitachi resulting in optimized Flash-based SSD products to meet Hitachi's unique needs, STEC's partnership with Hitachi and looking forward to continued collaboration with Hitachi on Enterprise-Storage products, and ZeusIOPS garnering mass adoption in numerous enterprise applications. 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 which could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under "Risk Factors" 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.
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