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Netlist HyperCloud(R) HCDIMM Selected as the Default Memory Option for IBM System x3650 M4 Featured Virtualization Solutions

IRVINE, CA — (Marketwired) — 10/30/13 — Netlist, Inc. (NASDAQ: NLST), a leading provider of high performance and hybrid memory solutions for the cloud computing and storage markets, announced that its 16GB and 32GB HyperCloud® memory modules have been selected as the default memory option on IBM System x3650 M4 Featured Virtualization Solutions. 16GB and 32GB HCDIMMs are the highest performing memory in IBM-s System x3650 M4 servers.

“HyperCloud is the leading memory solution for virtualization by providing the highest throughput when expanded to full capacity,” said Chris Lopes, Vice President of Worldwide Sales, Netlist. “IBM customers can select optimized virtualization solutions based on their workload requirements.”

HyperCloud® utilizes Netlist-s patented distributed architecture which is being broadly adopted by the industry for DDR4 LRDIMM. Netlist has made available this superior architecture for today-s DDR3 servers, a generation ahead of the industry.

16GB and 32GB HyperCloud® can be ordered directly through IBM sales at (expand “x3650 M4 Featured Virtualization Models” for Essential, Enhanced and Elite models). Information on HyperCloud-s industry leading performance, including recent independent tests and OEM qualification, can be found at .

Netlist, Inc. designs and manufactures high-performance, logic-based memory subsystems for server and storage applications for cloud computing. Netlist-s flagship products include HyperCloud®, NVvault and EXPRESSvault family of products that significantly accelerate system performance and provide mission critical fault tolerance, and a broad portfolio of industrial Flash and specialty memory subsystems including VLP (very low profile) DIMMs and Planar-X RDIMMs.

Netlist develops technology solutions for customer applications in which high-speed, high-capacity, small form factor and heat dissipation are key requirements for system memory. These customers include OEMs that design and build tower, rack-mounted, and blade servers, high-performance computing clusters, engineering workstations and telecommunications equipment. Founded in 2000, Netlist is headquartered in Irvine, CA with manufacturing facilities in Suzhou, People-s Republic of China. Learn more at .

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, risks associated with the launch and commercial success of our products, programs and technologies; the success of product partnerships; continuing development, qualification and volume production of EXPRESSvault, NVvault, HyperCloud® and VLP Planar-X RDIMM; the timing and magnitude of the anticipated decrease in sales to our key customer; our ability to leverage our NVvault technology in a more diverse customer base; the rapidly-changing nature of technology; risks associated with intellectual property, including patent infringement litigation against us as well as the costs and unpredictability of litigation over infringement of our intellectual property and the possibility of our patents being reexamined by the United States Patent and Trademark office; 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; 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 and vendors in the supply chain; fluctuations in the market price of critical components; 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 filed on March 29, 2013, 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.

For more information, please contact:

Brainerd Communicators, Inc.
Aakash Mehta/Mike Smargiassi

(212) 986-6667

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