SIMI VALLEY, CA — (Marketwire) — 02/27/13 — Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced that Nidhi H. Andalon has resigned as Vice President and Chief Financial Officer, effective as of March 15, 2013, to pursue other opportunities. Having been with Qualstar for 10 years, Ms. Andalon served in various financial roles before becoming Chief Financial Officer in 2009. Ms. Andalon will remain at Qualstar throug
Ended Bid Marks the Latest Failed Attempt by BKF Capital and Steven Bronson to Take Control of Qualstar Without Paying Shareholders an Appropriate Control Premium
SIMI VALLEY, CA — (Marketwire) — 02/06/13 — Qualstar Corporation (NASDAQ: QBAK)39% sequential bookings growth to $4.9 millionBook to bill of 1.46:1Record pro forma gross margins of 43.5%Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today reported financial results for its second fiscal quarter ended December 31, 2012 as its transformation continues under new leadership.Bookings for the second fiscal quarter were $4.9 million
SIMI VALLEY, CA — (Marketwire) — 02/06/13 — Qualstar® Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced that its Board of Directors has approved the adoption of a shareholder rights plan (the "Rights Plan") and declared a dividend distribution of one right ("Right") for each outstanding share of common stock.The Rights Plan is intended to protect Qualstar and its shareholders from efforts to obtain
SIMI VALLEY, CA — (Marketwire) — 01/11/13 — Qualstar® Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, today announced the appointment of Allen Alley to its board of directors effective immediately. Mr. Alley has over 30 years of experience with private and public companies. From engineering roles at Ford, Boeing and Computer Aided Design (CAD), to founding and leading Pixelworks, a semiconductor company for plasma and LCDs which he
SIMI VALLEY, CA — (Marketwire) — 01/08/13 — Qualstar Corporation (NASDAQ: QBAK), a manufacturer of data storage solutions and high-efficiency power supplies, is pleased to announce its participation in the 15th Needham Annual Growth Conference on Tuesday, January 15, 2013, at the Palace Hotel in New York City. Lawrence D. Firestone, Chief Executive Officer and President, will make a presentation at 10:40 a.m. Eastern Time.The live and archived webcast will be available at Qualstar-s investor
SIMI VALLEY, CA — (Marketwire) — 05/10/12 — Qualstar® Corporation (NASDAQ: QBAK), a manufacturer of automated tape storage solutions and high efficiency power supplies, today reported financial results for the third quarter of fiscal 2012 ended March 31, 2012.Revenues for the third quarter of fiscal 2012 were $4.6 million, compared to $4.2 million for the same quarter of fiscal 2011, an increase of $0.4 million or 8.5 percent. Loss from operations was $601,000 compared to $561,000 in th
SIMI VALLEY, CA — (Marketwire) — 05/09/12 — Qualstar® Corporation (NASDAQ: QBAK), a manufacturer of automated tape storage solutions and high efficiency power supplies, announced today that the Board of Directors has appointed Mr. Lawrence D. Firestone to the position of Chief Executive Officer and President of the Company, to succeed Mr. William J. Gervais, who will retire as of June 15, 2012. Mr. Firestone will commence his new position by June 4, 2012.Mr. Gervais commented: "I a
SIMI VALLEY, CA — (Marketwire) — 05/03/12 — Qualstar® Corporation (NASDAQ: QBAK), a manufacturer of automated tape storage solutions and high-efficiency power supplies, will announce fiscal 2012 third quarter financial results after the market closes on Thursday, May 10, 2012.Qualstar will host a conference call that afternoon at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company-s operating performance. The conference call, featuring President and Chief Executive Officer William Gervai
