SANTA ANA, Calif., May 13, 2011 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC), a leading global provider of solid-state drive (SSD) technologies and products, today announced its sponsorship and support of the inaugural TEDxOrangeCoast, a day-long event aimed at inspiring a lasting spirit of innovation through technology, entertainment and design.
"We are thrilled to be a part of TEDx and to serve as a mentor sponsor," said Manouch Moshayedi, STEC's Chairman and CEO. "Much good in the world can be achieved through genuine innovation and thoughtful design. Whether it is through the arts, education, or business intelligence, we believe our technology serves to accelerate innovation by accelerating access to information."
STEC's solid-state technology serves as a catalyst for innovative new applications in a myriad of companies. STEC's SSDs address the world's insatiable appetite for immediate access to information and entertainment, and facilitate collaboration, which are all key building blocks for innovation without borders.
The goal of TEDxOrangeCoast is to create a platform to generate ongoing support for innovation, as well as promote Orange County as a hub for all forms of creative thought. The all-day event will take place on May 19th at the Renee and Henry Segerstrom Concert Hall and will include more than 20 dynamic speakers. An array of local and international innovators in technology, entertainment and design will challenge participants to look beyond obvious borders and dig deep into how culture, language, belief systems, poverty, prosperity, ignorance and countless other barriers stand in the way of innovation.
Ticket information is available at .
For more information about STEC and its leading solid-state solutions, please visit: .
STEC, Inc., a leading global provider of solid-state drive 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 drive knowledge and experience to deliver the most comprehensive line of solid-state drives to the storage industry. For more information, visit the company's web site at
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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 customer adoption and utilization of SSD technologies and solutions, the performance of STEC's products, and the adoption of SSDs into new applications. 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.
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