SANTA ANA, Calif., Jan. 17, 2012 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC), The SSD Company™, a leading global provider of solid-state drive (SSD) technologies and products, today announced that industry veteran Vaughn Miller has joined the company's Systems and Software Group (SSG) as Vice President of Business Development. Mr. Miller is responsible for developing business opportunities with original equipment manufacturers (OEMs) and independent software vendors (ISVs) that focus on enterprise applications.
Mr. Miller joins STEC with more than 30 years of sales, marketing, technical consulting, engineering and business development experience, which includes 16 years in the storage and data management industry. At STEC, he reports directly to Ali Zadeh, Corporate Senior Vice President and General Manager, SSG, and his role includes building partnerships that define and introduce new, unique and innovative hardware and software solutions that leverage STEC's intellectual property and expertise in solid-state technology. Mr. Miller is also chartered to develop vertical market opportunities and further expand STEC's reach and leadership in enterprise IT and data center environments.
"We are very excited to have Vaughn join our Systems and Software Group at a time when the market for solid-state solutions in the enterprise is rapidly growing and evolving," said Mr. Zadeh. "Vaughn's successful track record in developing business opportunities for leading storage and networking companies, as well as identifying and introducing new products and technologies, makes him ideally suited to expand our portfolio in enterprise storage/server market segments, vertical market segments, and beyond."
During the past 16 years, Mr. Miller held various key management positions in business development for Cisco Systems, Inc., NeoPath Networks, Inc. (acquired by Cisco Systems, Inc.), Acopia Networks (acquired by F5 Networks, Inc.), NetApp, Inc., and Auspex Systems Inc. Prior to his roles in business development, Mr. Miller served as an engineer for Landmark Graphics Corporation (a Halliburton company) and Modular Computer Systems Inc.
"I am thrilled to become a part of a company that is a leader in SSD technology innovation and has served as a catalyst for this high-growth market segment," said Vaughn Miller. "I look forward to strategically utilizing the company's strong product and IP portfolios and engineering expertise to expand the use of solid-state storage in enterprise IT and data center environments around the globe."
For more information regarding STEC enterprise SSD 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 enterprise OEMs and independent software vendors (ISVs) adoption of enterprise SSD products and solutions; the growth of the enterprise storage and server markets; STEC's leadership position; the growth of sales of STEC's enterprise SSD products and solutions to enterprise OEM and ISV customers, and enterprise IT and data center environments; and the expected benefit and growth of STEC's systems and software technology strategy and expansion of sales as a result of hiring Mr. Miller. 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.