InvestorsHub Logo
Followers 82
Posts 2822
Boards Moderated 0
Alias Born 05/05/2006

Re: None

Monday, 11/14/2011 4:57:53 PM

Monday, November 14, 2011 4:57:53 PM

Post# of 160314
NLST IBM Agreement AH could hit $4 tomorrowNetlist, Inc. (the “Company”) entered into two memory technology Collaboration Agreements. The first agreement is a HyperCloud™ Technology Collaboration Agreement (the “IBM Agreement”) with International Business Machines (“IBM”). Under the IBM Agreement, IBM and the Company have agreed to cooperate with respect to the qualification of HyperCloud™ technology for use with IBM servers and to engage in certain joint marketing efforts if qualification is achieved. IBM and the Company have agreed to commit resources and funds in support of these activities. The IBM Agreement is non-exclusive. There can be no assurance that the efforts undertaken under the IBM Agreement will result in any new revenues for the Company.


The second agreement is a Collaboration Agreement (the “HP Agreement”) with Hewlett-Packard Company (“HP”). Under the HP Agreement, HP and the Company have agreed to cooperate with respect to the qualification of HyperCloud™ technology for use with HP servers and to engage in certain joint marketing efforts if qualification is achieved. HP and the Company have agreed to commit resources and funds in support of these activities. The HP Agreement is exclusive for a period of time. HP and the Company agree to collaborate on the future use of HyperCloud™ load reduction and rank multiplication technologies for next generation server memory for HP. There can be no assurance that the efforts undertaken under the HP Agreement will result in any new revenues for the Company.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.