Shares of Netlist, Inc. (Nasdaq: NLST) were up as much as 53 percent in morning trading Monday after the company said it will introduce HyperCloud, the first 16-gigabyte, 2 vRank memory module for computer servers at the Supercomputing 2009 conference. According to Nasdaq, the 50-day average daily volume for Netlist is 368,000, on Monday, the volume reached 14,751,125.
The Irvine, California-based designer, manufacturer and retailer of memory subsystems primarily for the server, high-performance computing and communications markets, will be demonstrating the world's first 16GB 2 virtual rank (vRank) double-data-rate three, registered dual in-line memory module (DDR3 RDIMM), HyperCloud(NYSE:TM) at the Supercomputing trade-show, taking place in Portland, Oregon during November 17-19, 2009.
Netlist will also showcase the interoperability of HyperCloud memory with standard JEDEC server memory solutions on popular enterprise servers. This demonstration reinforces HyperCloud's ability to function as a standard RDIMM while increasing memory bandwidth and capacity for datacenter servers.
"This technology maximizes server utilization with a simple plug-and-play memory module," said Paul Duran, director of business development at Netlist. "HyperCloud enables high-performance cloud computing while reducing datacenter costs and increasing application performance."
To showcase its 2-vRank HyperCloud modules, Netlist is using industry standard servers, such as the HP ProLiant DL380, demonstrated in the following configurations: 8GB and 16GB 2 vRank DDR3 RDIMM functionality, Three 2 vRank modules per channel, 1333 Mega Transfers per second (MT/s), Interoperability with standard JEDEC DDR3 modules, Interoperability with different RDIMM capacities.
"Customers running memory intensive computing environments, such as virtualization, cloud computing, and HPC applications, are often limited by memory bottlenecks in their servers," said Mike Gill, vice president, Industry Standard Servers Platform Engineering at HP. "The Netlist technology on HP industry-standard servers increases server memory capacity and bandwidth to enhance application performance in converged infrastructures."Netlist was founded in 2000 and is headquartered in Irvine, California with manufacturing facilities in Suzhou, People's Republic of China. The Company's memory subsystems are developed for applications in which high-speed, high-capacity memory, enhanced functionality, small form factor, and heat dissipation are key requirements. These applications include tower-servers, rack-mounted servers, blade servers, high-performance computing clusters, engineering workstations, and telecommunication equipment.