SANTA CLARA, Calif.--(BUSINESS WIRE)--Violin Memory®, Inc., (NYSE:VMEM), a leader in persistent memory-based storage solutions, today announced that Dr. Richard N. Nottenburg has been elected to its Board of Directors, effective February 28, 2014. Dr. Nottenburg is a business consultant and private investor working with early-stage and established technology companies in the semiconductor, software and wireless communications industries.
Kevin DeNuccio, Violin Memory president and chief executive officer, said, “I’m very pleased to welcome Dr. Nottenburg to the Violin board. Rich brings extensive leadership experience as a CEO and Fortune 500 senior executive, along with deep technical insight and public company governance experience that will be an asset to the Board as we focus on executing our strategy to create value for our stakeholders.”
Dr. Nottenburg’s prior management experience includes serving as the chief executive officer of two public companies, Sonus Networks, Inc. and Multilink Technology Corporation. He also held various executive officer positions with Motorola, Inc., ultimately serving as its Executive Vice President, Chief Strategy Officer and Chief Technology Officer.
In addition to Violin Memory, Dr. Nottenburg currently serves on the boards of Aeroflex Holding Corp. (NYSE:ARX), PMC-Sierra, Inc. (NASDAQ:PMCS) and Verint Systems Inc. (NASDAQ:VRNT).
Dr. Nottenburg holds a B.S. in Electrical Engineering from Polytechnic Institute of New York University, an M.S. in Electrical Engineering from Colorado State University, and a Doctor of Science in Electrical Engineering from the Ecole Polytechnique Fédérale de Lausanne in Lausanne, Switzerland.
About Violin Memory
Violin Memory (NYSE:VMEM) enables businesses to access real-time information by delivering memory-based storage solutions that close the compute storage gap. Named by Gartner Inc. as the 2012 market share leader in flash-based storage systems, Violin Memory brings storage performance in-line with demanding, high-speed applications, servers and networks at disk economics. Violin Memory solutions are optimized from the ground up to leverage the inherent capabilities of flash memory, enabling performance of memory at compelling economics for business-critical applications, virtualized environments and big data in enterprise data centers. Founded in 2005, Violin Memory is headquartered in Santa Clara, California. For more information, visit www.violin-memory.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Violin Memory’s efforts to execute on its strategy to create value for its stakeholders. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: Violin Memory’s history of large purchases by a limited number of customers; its limited operating history, particularly as a new public company; risks associated with a transition in executive leadership; its relationship with Toshiba as its sole supplier of flash-based memory; as well as general market, political, economic and business conditions. Additional risks and uncertainties that could affect Violin Memory’s financial results are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in the company’s quarterly report on Form 10-Q, which was filed with the U.S. Securities and Exchange Commission, and is available on the 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 press release 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.
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