STEC MACH8 Solid State Drive Utilized in An Advanced Defense System for the U.S. Military, Furthering SSD Adoption Into Military and Aerospace Applications
SANTA ANA, Calif., July 13, 2009 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC) announced today that it has partnered with a leading defense systems contractor and will supply its MACH8 Solid State Drives (SSD) for integration into a platform designed on behalf of the U.S. Military.
The MACH8 SSD is adaptable to a broad range of applications and its high endurance, reliability features, industrial temperature range (-40 degrees C to +85 degrees C), and ruggedized characteristics qualify it as the appropriate solution for a variety of the military's most demanding applications. Shipments of the MACH8 SSDs will begin during the third quarter of 2009 as part of a 12 month, $28 million supply contract.
"We are proud to have been selected to provide our SSDs for use in this military initiative," said Manouch Moshayedi, Chairman and Chief Executive Officer of STEC, Inc. "This contract marks the first major military win for our MACH8 line of SSDs. More significantly this contract win demonstrates that our SSD technologies are adaptable and appropriate for a broad range of industries."
STEC's MACH8 SSD is revolutionizing the storage world by delivering to the users the superior reliability and performance in a fully integrated device. At the heart of the MACH8 SSD there is STEC's leading edge controller able to address multiple flash chips simultaneously for Enterprise-level performance. In addition, the MACH8 incorporates such state of the art features as full industrial temperature range (-40 degrees C to +85 degrees C), military purge, and full data path protection of the entire drive. The MACH8 SSD product family offers a comprehensive array of options for both enterprise system architects and military mission critical support thus reinforcing STEC's MACH8 SSD as a trusted solution for intensive and demanding applications.
STEC, Inc. is a leading global provider of Solid State 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 industry's most comprehensive line of Solid State Drives to the storage industry.
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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 MACH8 products and its controller, Solid State Drive adoption into military applications; ruggedized attributes of the MACH8; the appropriateness of the MACH8 for intensive and demanding applications for the military and other industries; that the MACH8 is revolutionizing the storage world; and that the MACH8 delivers superior reliability and performance. 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.
CONTACT: STEC, Inc.
Mitch Gellman, Vice President of Investor Relations