Richard Nottenburg named Board Chairman; Georges Antoun joins as new
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Memory®, Inc., (NYSE:VMEM), a leading provider of all-flash storage
arrays and appliances delivering application solutions for enterprises,
today announced that Mr. Georges Antoun has been elected to its Board of
Directors, effective June 6, 2014. In addition, Dr. Richard N.
Nottenburg has been named as Chairman of the Board effective June 6,
2014. Current Chairman of the Board, Howard Bain III, and Board member,
Jeff Newman, have stepped down.
Mr. Antoun is Chief Operating Officer of First Solar, a global provider
of comprehensive photovoltaic (PV) solar systems. Prior to his position
at First Solar, Mr. Antoun was a Venture Partner at Technology Crossover
Ventures, Head of Product Area IP and Broadband at Ericsson, and held
various executive officer positions at Redback Networks, and Cisco
Systems. In addition to his Board seat at Violin Memory, Mr. Antoun
currently serves on the Board of Directors of Ruckus Wireless
(NYSE:RKUS). He holds a B.S. in Engineering from the University of
Louisiana, an M.S. in Information Systems from NYU Poly and an Executive
Management degree from the Ericsson program at Columbia University.
Dr. Nottenburg is a management consultant and private investor working
with technology companies in the semiconductor, software and wireless
communications industries. He has been a member of the Violin Memory
Board of Directors since February 2014 and currently serves on the
Boards of Aeroflex Holding Corp. (NYSE:ARX), PMC-Sierra, Inc.
(NASDAQ:PMCS), and Verint Systems Inc. (NASDAQ:VRNT).
Kevin DeNuccio, Violin Memory president and chief executive officer,
said, “On behalf of the Board, I want to express my heartfelt thanks for
the leadership and support that both Howard and Jeff have provided to me
and the Violin Board over the past several years. Howard was
instrumental in navigating the Company through its management transition
and re-focus including his time as Violin’s interim CEO for three
months. Jeff has been a key advisor to me and the Company and I’m sure
that will continue as we execute on our strategy. I’m also very excited
to welcome Mr. Antoun with his success and leadership to the Board, as
well as Dr. Nottenburg stepping into the role of Board chairman bringing
extensive leadership experience as a CEO and Fortune 500 senior
executive. Together they both bring deep technical insight and public
company experience that will be an asset to the Board as we focus on
executing our strategy to create value for our shareholders.”
About Violin Memory
Business in a Flash. Violin Memory transforms the speed of
business with high performance, always available, low cost management of
critical business information and applications. Violin’s All Flash
optimized solutions accelerate breakthrough CAPEX and OPEX savings for
building the next generation data center. Violin’s Flash Fabric
Architecture™ (FFA) speeds data delivery with chip-to-chassis
performance optimization that achieves lower consistent latency and cost
per transaction for Cloud, Enterprise and Virtualized mission-critical
applications. Violin's All Flash Arrays and Appliances, and enterprise
data management software solutions enhance agility and mobility while
revolutionizing data center economics. Founded in 2005, Violin Memory is
headquartered in Santa Clara, California. For more information, visit www.violin-memory.com.
Follow us on Twitter at twitter.com/violinmemory.
Forward Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements with respect to the performance, scalability and
cost effectiveness of Violin Memory products, the business, financial
and other benefits and results, including but not limited to cost of
ownership and return on investment, that may be achieved by the use
of Violin Memory products, and statements relating to Violin Memory’s
business plans and strategy. Additional risks and uncertainties that
could affect Violin Memory's business performance and financial results
are included under the captions "Risk Factors" and "Management's
Discussion and Analysis of Financial Condition and Results of
Operations," in Violin Memory's annual report on Form 10-Q, which was
filed with the U.S. Securities and Exchange Commission, and which is
available on company’s investor relations website at investor.violin-memory.com and
on the SEC's website at www.sec.gov.
All forward-looking statements in this public announcement are based on
information available to the Company as of the date hereof, and Violin
Memory does not assume any obligation to update the forward-looking
statements provided to reflect events that occur or circumstances that
exist after the date on which they were made.
All Violin Memory news releases (financial, acquisitions,
manufacturing, products, technology, etc.) are issued exclusively by
Business Wire and are immediately thereafter posted on the company’s
external website, www.violin-memory.com.
Violin, Violin Memory and the Violin Memory logo are trademarks or
registered trademarks of Violin Memory, Inc. in the U.S. and other
countries. All other brand or product names used in this public
announcement may be trademarks or registered trademarks of their
For Violin Memory, Inc.
Source: Violin Memory, Inc.