Skyera CEO Speaks on Future of Storage at Needham HDD/Flash Memory & Systems Conference

SAN JOSE, Calif., Oct. 29, 2013 /PRNewswire/ -- Dr. Radoslav Danilak, CEO and co-founder of Skyera Inc., is among the senior executives from leading companies in the technology industry presenting at the 7^th annual Needham HDD/Flash Memory & Systems Conference November 6 at the Langham Hotel in Boston.

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This event brings together leading vendors in storage to update the investment community on their progress this year with an outlook at the future of the market. Danilak will share his expertise on how flash storage solutions, which have long been considered too expensive, will be less expensive at the system level than HDD systems while minimizing operational costs, power consumption and floor space in today's cloud, virtualization and Big Data environments.

"I am pleased to have the opportunity to speak with attendees of the Needham HDD & Flash Memory Conference about the changing landscape of technology and how enterprise solid-state storage solutions are a key part of that transformation," said Danilak. "The growing popularity and demand for cloud services place unique strains on cloud storage infrastructures.  By developing a complete enterprise solid-state storage solution with the low latency and high performance that cloud services demand, we have challenged traditional storage models with the lower latency and higher performance they demand."

Under Danilak's direction, Skyera has built an entirely new architecture from the ground up and received industry acclaim as a visionary and innovative product line and company. Skyera's disruptive system-level solid-state storage technology combines storage and networking to achieve greater speed, reliability and efficiency than both traditional and solid state solutions on the market today.

Danilak has filed more than 80 patents while architecting and designing state-of-the-art processing engines and has more than 20 years of experience in enterprise storage. He earned his Ph.D. in Computer Science and his MS in Electrical Engineering and Computer Science from the Technical University of Kosice, Slovak Republic.

Attendees wishing to schedule a one-on-one meeting with Danilak can contact Mark Smith at [email protected].

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About Skyera
Skyera Inc. is a disruptive provider of enterprise solid-state storage systems designed to enable a large class of applications with extraordinarily high performance, exceptionally lower power consumption and cost effectiveness relative to existing enterprise storage systems. Founded by the executives who previously developed the world's most-advanced flash memory controller, Skyera is backed by key technology and financial partnerships designed to position it at the forefront of the hyper growth in the solid-state storage sector. The company was chosen by Flash Memory Summit as a Best of Show award winner for 2012 in the category of Most Innovative Flash Memory Enterprise Business Application. For more information about the company, visit skyera.com.

About Needham & Company, LLC
Needham & Company, LLC, a wholly owned subsidiary of The Needham Group, Inc., is a privately held, full-service investment bank that has focused exclusively on growth companies since it was founded 28 years ago. It concentrates on private companies and on public companies that have market capitalizations of up to $5 billion, and provides its clients with the resources to achieve their financing and strategic objectives. The Firm has capital raising expertise in IPOs, follow-on public equity offerings, confidentially marketed equity offerings, and private placements and in mergers & acquisitions and corporate & venture services (including share repurchases). In addition to investment banking, Needham's activities include institutional sales and trading, and asset management. To serve its institutional clients, Needham & Company, LLC produces comprehensive equity research on more than 325 companies in clean technology and industrial growth, communications and enterprise infrastructure, consumer, healthcare, semiconductors and semiconductor equipment, and software. The Firm is headquartered in New York City with offices in Boston, MA; Chicago, IL; Menlo Park, CA; and San Francisco, CA. Needham & Company, LLC is a member of FINRA & SIPC. For more information, please visit www.needhamco.com.

SOURCE Skyera Inc.