ITC Commission Grants Remand Order to Netlist; ITC Investigation of SK hynix to Resume Immediately

IRVINE, Calif., May 31, 2018 /PRNewswire/ -- Netlist, Inc. (NASDAQ: NLST), today announced that the Commissioners of the United States International Trade Commission (ITC) issued a Remand Order in the investigation of SK hynix's RDIMM and LRDIMM enterprise memory products.

The Commission agreed with Netlist that it was an error for the Administrative Law Judge (ALJ) to grant SK hynix's motion for summary determination of non-infringement and terminate the investigation without first construing the patent claims.

Last month Netlist petitioned the ITC Commission to review the findings in the Initial Determination (ID), pointing to various legal and factual errors, and asked the Commission to remand for further proceedings on claim construction and infringement. In its Order yesterday, the Commission vacated the ID and remanded the case back to the ALJ to resolve the parties' claim construction disputes and continue the investigation. 

About Netlist, Inc.
Netlist provides high-performance modular memory subsystems to customers in diverse industries that require enterprise and storage class memory solutions to empower critical business decisions. Flagship products NVvault® and EXPRESSvault® enable customers to accelerate data running through their servers and storage and reliably protect enterprise-level cache, metadata and log data by providing near instantaneous recovery in the event of a system failure or power outage. HybriDIMM™, Netlist's next-generation storage class memory product, addresses the growing need for real-time analytics in Big Data applications, in-memory databases, high-performance computing and advanced data storage solutions. Netlist also resells component products to end-customers that are not reached in the distribution models of the component manufacturers, including storage customers, appliance customers, system builders and cloud and datacenter customers. Netlist holds a portfolio of patents, many seminal, in the areas of hybrid memory, storage class memory, rank multiplication and load reduction. Netlist is part of the Russell Microcap® Index. To learn more, visit www.netlist.com.

For more information, please contact:

The Plunkett Group
Mike Smargiassi/Sharon Oh
NLST@theplunkettgroup.com
(212) 739-6729