News

posted on 05 August 2008 09:55

In its earnings call transcript  STEC clarified things and said it had two separate solid state drive (SSD) design wins.

One as with an enterprise storage supplier and another was with an enterprise server and storage OEM.

CFO Dan Moses said: "We received a second design win at a major Enterprise Storage customer and expect to ship qualification units for their end-user testing in the third quarter of 2008." This was not the EMC CLARiiON CX4 use.

CEO Manouch Moshaedi said: "Just in the past few weeks we have received qualification notes from another major enterprise server and storage OEM that has qualified us on our ZeusIOPS across multiple platforms. ... And we are pretty confident that by the end of this year we will have received more qualifications from the rest of the storage and server markets on ZeusIOPS."

The obvious enterprise server and storage OEM candidates are Dell, HP, IBM and Sun.

Possible major enterprise storage candidates are Hitachi Data Systems and NetApp, if we rule out enterprise storage and server OEMs.

Competition

Concerning competing products Moshayedi said: "As far as SSDs go, we have no competition in some of these markets. As I have mentioned in many of our calls in previous quarters, we see the ZeusIOPS type of product line not to have any competition, at least for the next, I had mentioned two years about a year ago so I would say that there’s at least another year left of anyone coming into that market."

"And we, frankly, not seeing yet anyone showing up with performances that we can offer our customers for those types of SSDs. So at this point, there is no competition to shut out. We are the single source at this point."

^{[Chris Mellor.]}