SANTA ANA, Calif., Sept. 4, 2011 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC), The SSD Company™, a leading global provider of solid-state drive (SSD) technologies and products, today announces the inauguration of its new Storage Technology Innovation Center located in Pune, India. The design center provides STEC with additional storage software development resources for such products as its recently announced EnhanceIO™ SSD Cache Software, and for next-generation solutions incubated from early proof of concept through product development and productization.
Conveniently located in the heart of Pune's vibrant technology sector, the design center includes a state-of-the-art test and research lab. STEC plans to strategically utilize its Storage Technology Innovation Center and software development team to create software products which are complementary to its already extensive enterprise-class solid-state portfolio. Software created by the center is being designed to enable customers to take full advantage of SSD performance, endurance and reliability, which should further drive widespread adoption of SSDs in the enterprise.
"We are very excited about the opening of our Storage Technology Innovation Center in Pune, and with a strong pool of local world-class software engineering talent we are adding critical software functionality to our solid-state portfolio, which will be a key to staying ahead of the competition," said Mark Moshayedi, STEC's President, COO & CTO. "The opening of our Pune Innovation Center will enable us to efficiently leverage local software development expertise and facilitate innovation in entirely new ways to better service our customers' evolving needs."
With today's opening, STEC announces that Anurag Agarwal will serve as General Manager of the Innovation Center in Pune. Mr. Agarwal is leading STEC's efforts to recruit and hire high-caliber software developers who want to take advantage of a unique opportunity to be part of a complete product development process, as opposed to contributing just parts to an overall solution developed elsewhere. Key positions include senior and principal software engineers, software developers and quality assurance engineers. Interested applicants should visit the India career openings website at http://www.stec-inc.com/aboutstec/careers_india.php.
"The establishment of the Storage Technology Innovation Center in Pune is important because it brings new solid-state technologies to India and will allow our local software team to make vital contributions towards the development of advanced technologies," said Anurag Agarwal, STEC's General Manager of the Storage Technology Innovation Center. "STEC is committed to creating new and exciting job opportunities for the local community, and more importantly, offering career paths for engineers who want to be involved in the early stages of the high profile and rapidly-growing solid-state market in India."
STEC officially opens its Storage Technology Innovation Center in Pune on Monday, September 5th with a ribbon-cutting ceremony in the the morning, a local press conference in the afternoon, and a technical seminar in the evening where approximately 100 developers are expected to attend a presentation on STEC technologies and solutions.
For more information regarding STEC's new Storage Technology Innovation Center in Pune, India or its comprehensive solid-state product portfolio of enterprise and embedded solutions, please visit the company's web site at http://www.stec-inc.com.
About STEC
STEC, Inc., The SSD Company™, is a leading global provider of solid-state drive (SSD) technologies and solutions tailored to meet the high-performance, high-reliability needs of original equipment manufacturers (OEMs). With headquarters in Santa Ana, California and locations worldwide, STEC leverages almost two decades of solid-state knowledge and experience to deliver the most comprehensive line of SSDs to the storage industry. For more information, visit the company's web site at http://www.stec-inc.com.
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Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This release contains forward-looking statements that involve risks and uncertainties, including those statements concerning the capabilities, expectations and requirements of the Storage Technology Innovation Center in Pune, India; the hiring of software engineers, software developers and quality assurance engineers by the Storage Technology Innovation Center; customer adoption and utilization of EnhanceIO SSD Cache Software or other software developed at the Storage Technology Innovation Center; the performance of SSD solutions enabled with EnhanceIO SSD Cache Software; the adoption of EnhanceIO SSD Cache Software and SSDs in general into new applications and markets; and the evolving enterprise storage and server markets. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from current expectations. Important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed in filings with the Securities and Exchange Commission made from time to time by STEC, including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K. The information contained in this press release is a statement of STEC's present intention, belief or expectation. STEC may change its intention, belief or expectation, at any time and without notice, based upon any changes in such factors, in STEC's assumptions or otherwise. STEC undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events.