SANTA CLARA, Calif. -- (BUSINESS WIRE) -- Violin Memory®, Inc., (NYSE:VMEM), a leading provider of all-flash storage arrays and appliances delivering application solutions for enterprises, today announced that Mr. Georges Antoun has been elected to its Board of Directors, effective June 6, 2014. In addition, Dr. Richard N. Nottenburg has been named as Chairman of the Board effective June 6, 2014. Current Chairman of the Board, Howard Bain III, and Board member, Jeff Newman, have stepped down.
Mr. Antoun is Chief Operating Officer of First Solar, a global provider of comprehensive photovoltaic (PV) solar systems. Prior to his position at First Solar, Mr. Antoun was a Venture Partner at Technology Crossover Ventures, Head of Product Area IP and Broadband at Ericsson, and held various executive officer positions at Redback Networks, and Cisco Systems. In addition to his Board seat at Violin Memory, Mr. Antoun currently serves on the Board of Directors of Ruckus Wireless (NYSE:RKUS). He holds a B.S. in Engineering from the University of Louisiana, an M.S. in Information Systems from NYU Poly and an Executive Management degree from the Ericsson program at Columbia University.
Dr. Nottenburg is a management consultant and private investor working with technology companies in the semiconductor, software and wireless communications industries. He has been a member of the Violin Memory Board of Directors since February 2014 and currently serves on the Boards of Aeroflex Holding Corp. (NYSE:ARX), PMC-Sierra, Inc. (NASDAQ:PMCS), and Verint Systems Inc. (NASDAQ:VRNT).
Kevin DeNuccio, Violin Memory president and chief executive officer, said, “On behalf of the Board, I want to express my heartfelt thanks for the leadership and support that both Howard and Jeff have provided to me and the Violin Board over the past several years. Howard was instrumental in navigating the Company through its management transition and re-focus including his time as Violin’s interim CEO for three months. Jeff has been a key advisor to me and the Company and I’m sure that will continue as we execute on our strategy. I’m also very excited to welcome Mr. Antoun with his success and leadership to the Board, as well as Dr. Nottenburg stepping into the role of Board chairman bringing extensive leadership experience as a CEO and Fortune 500 senior executive. Together they both bring deep technical insight and public company experience that will be an asset to the Board as we focus on executing our strategy to create value for our shareholders.”
About Violin Memory
Business in a Flash. Violin Memory transforms the speed of business with high performance, always available, low cost management of critical business information and applications. Violin’s All Flash optimized solutions accelerate breakthrough CAPEX and OPEX savings for building the next generation data center. Violin’s Flash Fabric Architecture™ (FFA) speeds data delivery with chip-to-chassis performance optimization that achieves lower consistent latency and cost per transaction for Cloud, Enterprise and Virtualized mission-critical applications. Violin's All Flash Arrays and Appliances, and enterprise data management software solutions enhance agility and mobility while revolutionizing data center economics. Founded in 2005, Violin Memory is headquartered in Santa Clara, California. For more information, visit www.violin-memory.com. Follow us on Twitter at twitter.com/violinmemory.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to the performance, scalability and cost effectiveness of Violin Memory products, the business, financial and other benefits and results, including but not limited to cost of ownership and return on investment, that may be achieved by the use of Violin Memory products, and statements relating to Violin Memory’s business plans and strategy. Additional risks and uncertainties that could affect Violin Memory's business performance and financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Violin Memory's annual report on Form 10-Q, which was filed with the U.S. Securities and Exchange Commission, and which is available on 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 public announcement 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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