Netlist Patent Case Against SanDisk's ULLtraDIMM Will Proceed

IRVINE, CA--(Marketwired - Sep 2, 2014) - Netlist, Inc. (NASDAQ: NLST), a leading provider of high performance memory solutions for the cloud computing and storage markets, announced today that the United States District Court of the Northern District of California denied without prejudice a motion to stay Netlist's patent infringement action against SanDisk and Diablo Technologies, Inc., who partnered to create the recently released ULLtraDIMM memory module which is accused of infringing seven Netlist patents. 

In June of this year SanDisk and Diablo filed petitions in the United States Patent and Trademark Office (USPTO) requesting Inter Partes Review (IPR) of the seven asserted patents. SanDisk and Diablo then joined in a motion to stay the patent case pending resolution of the IPRs. In the Court's order denying the motion, United States District Judge Yvonne Gonzalez Rogers observed that the mere filing of an IPR petition says little about whether review will be granted. 

"We welcome the Court's decision to allow the patent lawsuit to continue," said Netlist President and CEO, C.K. Hong. "We are confident in the strengths of our patents asserted in this case and we are eager to press ahead with the patent and related trade secret actions in order to enforce our IP rights. There is ongoing adoption of hybrid memory devices by the industry, and we intend to vigorously protect our industry-leading hybrid memory solution, NVvault™ NVDIMM, against competitors using our technology."

Netlist has steadily invested in and grown its IP portfolio, which now includes 51 issued or granted patents and more than 30 U.S. and foreign pending patent applications in the areas of high performance memory and hybrid memory technologies.

About Netlist:
Netlist, Inc. designs and manufactures high-performance, logic-based memory subsystems for server and storage applications for cloud computing. Netlist's flagship products include NVvault™ and EXPRESSvault™ family of products that significantly accelerate system performance and provide mission critical fault tolerance, HyperCloud®, a patented memory technology that breaks traditional performance barriers, and a broad portfolio of industrial Flash and specialty memory subsystems including VLP (very low profile) DIMMs and Planar-X RDIMMs. Netlist has steadily invested in and grown its worldwide IP portfolio, which now includes 51 issued and granted patents and more than 30 U.S. and foreign pending patent applications in the areas of high performance memory and hybrid memory technologies.