Court of Appeals Stays Preliminary Injunction Against Diablo Technologies

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Mar 27, 2015, 12:21 ET

SAN JOSE, Calif., March 27, 2015 /PRNewswire/ -- Diablo Technologies today announced that on Thursday March 26, the United States Court of Appeals for the Federal Circuit issued a temporary stay of the preliminary injunction against the company's Memory Channel Storage™ based chipset. The decision comes after a federal jury earlier this week ruled in favor of Diablo in a lawsuit brought by Netlist, Inc. (NLST).

Diablo will resume shipments of its MCS™ based chipsets, while the District Court considers the company's request to dissolve the preliminary injunction. The court has given Netlist until March 31, 2015 to respond.

"This is another positive step and gives us the ability to resume shipments of the product that our customers are demanding," said Riccardo Badalone, CEO and Co-Founder of Diablo Technologies. "We will continue to focus on technology innovation, growing our business, and most importantly, serving our valued customers."

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About Diablo Technologies

Founded in 2003, Diablo is at the forefront of developing breakthrough technologies to set the standard for next-generation enterprise computing. Diablo's Memory Channel Storage™ (MCS™) platform combines innovative software and hardware architectures with Non-Volatile Memory to introduce a new and disruptive generation of Solid State Storage for data-intensive applications.

The Diablo executive leadership team has decades of experience in system architecture, chipset design, enterprise software and business development at companies including IBM, Nortel Networks, Intel, Cisco, AMD, SEGA, ATI, Cadence Design Systems, Matrox Graphics, BroadTel Communications and ENQ Semiconductor.

Website: http://www.diablo-technologies.com/

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SOURCE Diablo Technologies