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QNAP Unveils the Industry-leading Thunderbolt 3 NAS: TVS-1582TU

QNAP Systems, Inc. today released the TVS-1582TU - a pioneering 19-inch rack-mountable Thunderbolt 3 NAS that is suited for moving vehicles and outdoor media editing environments. The TVS-1582TU includes four Thunderbolt 3 ports, two 10GbE ports, and can utilize its Thunderbolt 3 ports to have USB-C 3.1 Gen2 (10 Gbps) connections for high-speed data transfer and backups. The collection of high-speed connections provides an ideal 4K solution for SNG/OB van live productions in the fast-paced media industries.

"TV and film production and outdoor broadcasting require on-location recording and editing, and need their videos to be backed up immediately to prevent file loss," said David Tsao, Product Manager of QNAP, adding "The TVS-1582TU is designed for this environment, and its 19-inch rack form factor makes it especially usable for SNG/OB van live media production that requires frequent relocation."

QNAP Launches the TVS-882ST3 8-bay 2.5-inch Thunderbolt 3 NAS

QNAP Systems, Inc. today released the new TVS-882ST3, a 2.5" 8-bay Thunderbolt 3 NAS. Powered by an energy-efficient 6th Generation Intel 14nm Core i7/i5 quad-core processor with AES-NI encryption, the TVS-882ST3 includes dual Thunderbolt 3 connectivity, 10GbE 10GBASE-T dual networking ports, USB 3.1 10Gbps Type-C/Type-A ports, and 4K HDMI output to exclusively provide a Thunderbolt/NAS/iSCSI SAN triple solution. The TVS-882ST3 is a compact NAS that can greatly boost workflow collaboration between Thunderbolt 3-enabled Mac and Windows users. It is also ideal for an all-SSD configuration to provide the utmost performance.

The TVS-882ST3 combines versatile high-speed interfaces including Thunderbolt 3, 10GbE, and USB 3.1 (Gen2 10Gbps Type-C and Type-A) in a powerful NAS solution to realize optimized data transfer in different applications," said Jason Hsu, Product Manager of QNAP, adding "with its compact frame and eight 2.5" bays that are ideal for SSDs, the TVS-882ST3 is perfect for small offices and teams looking for a NAS with performance and functionality that is normally reserved for high-end servers."

QNAP Announces the Robust TS-1685 16-bay Tower NAS

QNAP Systems, Inc. today announced the new business-class TS-1685 desktop 16-bay Xeon D Super NAS that supports twelve 3.5" hard drives and four 2.5" SSDs, provides six M.2 SSD slots, and features a powerful Intel Xeon D processor to deliver outstanding performance with high-capacity storage. Designed to optimize enterprise IT infrastructure, the TS-1685 comes with three PCIe slots that support 10GbE/40GbE NIC, PCIe NVMe SSD, graphics cards, and USB 3.1 expansion cards to provide a complete business-ready storage solution incorporating security and scalability.

The TS-1685 leverages the high-performance Intel Xeon D multi-core processor and up to 128 GB DDR4 RAM to reach read speeds up to 2,339 MB/s with a dual 10GbE configuration. The dedicated four 2.5" SSD slots and six M.2 SATA 6Gb/s SSD slots excel in cache acceleration, and coupled with Qtier Technology the TS-1685 can continuously optimize storage efficiency across M.2 SSD, SSD, high-capacity SATA drives, and the optional PCIe NVMe SSD.

AMD Announces the Radeon Instinct Family of Deep-Learning Accelerators

AMD (NASDAQ: AMD) today unveiled its strategy to accelerate the machine intelligence era in server computing through a new suite of hardware
and open-source software offerings designed to dramatically increase performance, efficiency, and ease of implementation of deep learning workloads. New Radeon Instinct accelerators will offer organizations powerful GPU-based solutions for deep learning inference and training. Along with the new hardware offerings, AMD announced MIOpen, a free, open-source library for GPU accelerators intended to enable high-performance machine intelligence implementations, and new, optimized deep learning frameworks on AMD's ROCm software to build the foundation of the next evolution of machine intelligence workloads.

Inexpensive high-capacity storage, an abundance of sensor driven data, and the exponential growth of user-generated content are driving exabytes of data globally. Recent advances in machine intelligence algorithms mapped to high-performance GPUs are enabling orders of magnitude acceleration of the processing and understanding of that data, producing insights in near real time. Radeon Instinct is a blueprint for an open software ecosystem for machine intelligence, helping to speed inference insights and algorithm training.

AMD's ZEN to Implement Advanced Security Features not found in Intel's solutions

Thanks to AMD's incorporation of an ARM-based "AMD Secure Processor" in their upcoming ZEN micro-architecture, the company is poised to offer something competitor Intel's microprocessors yet don't: memory encryption. This processor, and its underlying technologies, could prove to be a stepping-stone for AMD towards regaining lost server market share. Essentially, because in a market ever more steered by cloud computing considerations, it allows for the client's data to be encrypted at every moment of the work chain. Assuming all works as intended, for the first time not even cloud providers, with either hypervisor-level privileges or even physical access to the servers, will be able to carry out any malicious actions against their clients.

One only has to consider the writing on the wall: Morgan Stanley predicts that by 2018, 30% of Microsoft's revenue will stem from its cloud services; Amazon Web Services (AWS) generated $7.88B in revenue on Q4 2015, up 69% over 2014; and worldwide spending on public cloud services by itself will grow from $70B in 2015 to an estimated $141B in 2019. Cloud computing is here to stay, and with security being as important as it is for some businesses, this is an important area of investment for AMD. This "AMD Secure Processor" will work on essentially two fronts: SME (Secure Memory Encryption) and SEV (Secure Encrypted Virtualization), backed by an hardware-based SHA (Secure Hash Algorithm).

QNAP Unveils Dual-core NAS TS-251A and TS-451A

QNAP Systems, Inc. announced the release of the dual-core 2-bay TS-251A and the 4-bay TS-451A. These models feature a unique USB QuickAccess port to directly connect them to computers via USB 3.0, offering great plug-and-use convenience to access files stored on the NAS with up to 100 MB/s throughput. Coupled with NAS and iSCSI SAN features, it provides a complete storage solution for file backup, synchronization, and remote access. With two Gigabit LAN ports for delivering up to 211 MB/s throughput, 4K video playback and transcoding support, and an array of multimedia applications, the TS-x51A is an ideal NAS system for photographers and audiovisual enthusiasts.

The TS-x51A is powered by the latest 14nm Intel Celeron dual-core 1.60 GHz processor (burst up to 2.48 GHz) with a low TDP of 6 watts and dual-channel 2GB/4GB DDR3L-1600 RAM (upgradable to 8GB). It features two Gigabit Ethernet ports and supports AES-NI hardware-accelerated encryption to deliver up to 205.14 MB/s throughput with AES-NI full-volume encryption. "The USB QuickAccess port is the true highlight of the TS-x51A. It enables a direct connection between the NAS and a Windows/ Mac for file transferring," said Jason Hsu, Product Manager of QNAP, adding "It provides users with a familiar USB plug-and-use experience to quickly complete the first-time installation and then to access NAS files in day-to-day use. It is an easy-to-use NAS packed with performance and functionality."

QNAP Launches the Next-generation Thunderbolt 2 NAS TVS-x82T Series

QNAP Systems, Inc. today announced the release of its next-generation, high-performance Thunderbolt 2 NAS TVS-x82T series. Available in three different models (TVS-1282T, TVS-882T and TVS-682T) the TVS-x82T series is powered by 6th Generation Intel 14nm multi-core processors that deliver higher system performance for CPU-demanding applications.

Featuring an advanced hardware design based on the concept of tiered storage, application-based partitioning, and network traffic distribution the TVS-x82T series achieves maximized storage efficiency and optimum performance. The TVS-x82T also features a HDMI 2.0 port for a prime viewing experience with smooth 4K 60 fps video transfer and display, while the new VJBOD function allows for maximized storage utilization by using multiple QNAP NAS to expand the storage capacity of the TVS-x82T.

AMD Announces the FirePro S7100X Hardware-Virtualized GPU for Blade Servers

AMD today announced AMD Multiuser GPU (MxGPU) for blade servers, AMD FirePro S7100X GPU. AMD MxGPU is the industry's first and only hardware-virtualized GPU compliant with the SR-IOV (Single Root I/O Virtualization) PCIe virtualization standard. The AMD FirePro S7100X GPU is a simple, secure solution for graphics virtualization providing workstation-class experience for up to 16 users that is practically indistinguishable from a native desktop experience.

Using AMD Multiuser GPU (MxGPU) technology, the AMD FirePro S7100X GPU harnesses silicon expressly designed for graphics virtualization and conforming with the virtualization industry standard, SR-IOV to allow easy integration into existing hypervisor ecosystems. The AMD FirePro S7100X GPU is the newest addition to the AMD line of graphics virtualization products, designed in an ultra-compact form factor with a TGP of just 100W that makes it ideal for blade server deployments. Hewlett Packard Enterprise (HPE) is the first to offer the AMD FirePro S7100X GPU in HPE ProLiant WS460c Gen9 Graphics Server Blades available now.

QNAP Announces High-performance TVS-x82 Business NAS

QNAP Systems, Inc. today announced the release of the powerful TVS-x82 series, aimed at business users in need of the utmost performance and storage efficiency. Available in three different models (TVS-1282, TVS-882 and TVS-682) the TVS-x82 series adopts the latest 6th Generation Intel 14nm multi-core processors and has been designed to meet specific usage scenarios to accomplish tiered storage, application-based partitioning, and network traffic distribution with outstanding performance. The TVS-x82 series also features HDMI 2.0 output for delivering an amazing 4K 60 fps viewing experience and allows storage expansion by using the storage capacity of other QNAP NAS through VJBOD technology.

The TVS-x82 features advanced hardware for greater efficiency, including built-in SATA M.2 SSD, 2.5" SSD slots, compartmentalized smart cooling, and tool-less HDD installation. QNAP's Qtier technology empowers the TVS-x82 with auto tiering that helps continuously optimize storage efficiency across M.2 SSD, SSD and SATA drives, and these different storage media can be configured as independent partitions for different applications to ensure a sufficient throughput level for every application. With multiple network ports, it allows applications to use dedicated interfaces to meet network traffic distribution requirements.

AMD Reveals World's First Hardware-Virtualized GPU Product Line

AMD today revealed the world's first hardware virtualized GPU products -- AMD FirePro S-Series GPUs with Multiuser GPU (MxGPU) technology. AMD's ground-breaking hardware-virtualized GPU architecture delivers an innovative solution in response to emerging user experiences such as remote workstation, cloud gaming, cloud computing, and Virtual Desktop Infrastructure (VDI).

In the virtualization ecosystem, key components like the CPU, network controller and storage devices are being virtualized in hardware to deliver optimal user experiences, but prior to today the GPU was not hardware virtualized. AMD MxGPU technology, for the first time, brings the modern virtualization industry standard to the GPU hardware. What does this mean? Consistent performance and enhanced security across virtual machines. MxGPU controls GPU scheduling delivering predictable quality of service to the user.

QNAP Intros TS-251+ and TS-451+ High-value NAS Servers

QNAP Systems, Inc. today announced the release of the quad-core 2-bay TS-251+ and 4-bay TS-451+ NAS that provide an uncompromising high-performance and scalable storage solution for small offices and workgroup users with appealing affordability. The new models feature virtualization readiness, containerized applications, advanced backup solutions, real-time & offline video transcoding, QvPC Technology, HDMI video playback with an included remote control, and many more functions that are beneficial for businesses and SOHO users to build a cost-efficient and modern storage solution.

The TS-251+ and TS-451+ are powered by a 22nm 64-bit quad-core Intel Celeron 2.0GHz processor (burst up to 2.42GHz) with 2GB/8GB energy-efficient DDR3L RAM. They also include dual Gigabit LAN ports, and can deliver up to 225 MB/s throughput and up to 205 MB/s transfer speeds with AES 256-bit volume & folder encryption."The TS-251+ & TS-451+ are ideal choices for those who demand the superior performance of a quad-core x86-based NAS without breaking the budget," said Jason Hsu, Product Manager of QNAP. "Both NAS are speedy, versatile and provide future-proof scalability."

AMD Unveils World's First Hardware-Based Virtualized GPU Solution at VMworld

AMD today at VMworld 2015 demonstrated the world's first hardware-based GPU virtualization solution, the AMD Multiuser GPU. This new solution from AMD enables a virtualized workstation-class experience with full ISV certifications and local desktop-like performance. With the AMD Multiuser GPU, IT pros can easily configure these solutions to allow up to 15 users on a single AMD GPU. Demonstrations of AMD virtualization solutions can be found at VMworld 2015 booth 447.

"The AMD graphics cards are uniquely equipped with AMD Multiuser GPU technology embedded into the GPU delivering consistent and predictable performance," said Sean Burke, AMD corporate vice president and general manager, Professional Graphics. "When these AMD GPUs are appropriately configured to the needs of an organization, end users get the same access to the GPU no matter their workload. Each user is provided with the virtualized performance to design, create and execute their workflows without any one user tying up the entire GPU."

Built around industry standard SR-IOV (Single Root I/O Virtualization) technology, the AMD Multiuser GPU continues AMD's embracement of non-proprietary open standards. SR-IOV is a specification developed by the PCI SIG, and provides a standardized way for devices to expose hardware virtualization. The AMD Multiuser GPU is designed to preserve and support graphics- and compute-accelerated features for design and manufacturing or media and entertainment applications. The AMD Multiuser GPU addresses limitations of current virtualized GPU solutions that may not provide predictable performance for CAD/CAE, Media and Entertainment, and general enterprise GPU needs.

QNAP Adds 4-bay Models to the High-performance TVS-x71U Turbo vNAS Series

QNAP Systems, Inc. today announced the release of the new 10GbE-ready TVS-471U Turbo vNAS series, including the TVS-471U-RP and TVS-471U. Featuring high performance, scalable design, reliability and rich business applications, the TVS-471U series is designed for SMBs to ensure smooth daily file operations with low total cost of ownership. The exclusive QvPC Technology introduces more hands-on usage for directly accessing stored data, monitoring live surveillance feeds, watching multimedia, and much more with a keyboard, mouse, and HDMI display. By using Qsirch, users can quickly search through all of their files on the QNAP NAS to find specific items with better productivity.

The 4-bay rackmount TVS-471U series is powered by Intel Haswell Pentium and Core i3 processors that are capable of providing over 1,500 MB/s throughput and 128,000 IOPS for CPU-intensive tasks including Virtualization Station, serving large numbers of simultaneous connections, and 4K video playback and transcoding. Its two on-board internal cache ports enables users to install mSATA flash modules to further enhance NAS performance for IOPS-demanding applications. The storage capacity of the TVS-471U series can be scaled up to over 1PB by attaching multiple QNAP RAID expansion enclosures (REXP-1600U-RP and REXP-1200U-RP).

QNAP Announces the TS-451U Turbo NAS

QNAP Systems, Inc. today announced the new affordable, 4-bay 1U rackmount TS-451U Turbo NAS, featuring a dual-core Intel Celeron 2.41GHz processor that delivers high multi-tasking abilities for small & home offices in handling daily operations including file storage, backup, sharing, synchronization, and more. Designed for scalability, the storage capacity of the TS-451U can be easily expanded with an economical expansion enclosure to meet the needs of growing data storage.

"In the entry-level rack-mountable NAS segment, we are glad to be the first NAS company to introduce the energy-efficient, 64-bit Celeron-powered TS-451U, which is designed for budget-conscious SOHO users to store and back up data without sacrificing performance," said Jason Hsu, product manager of QNAP. "Coupled with feature-rich business applications, QvPC Technology, Virtualization Station and 1080p video transcoding, the TS-451U delivers the best cost-effectiveness for growing business data needs."

QNAP Ships 16GB Versions of TS-x70 Pro Series NAS

QNAP, Inc., a global network attached storage (NAS) manufacturer, is now shipping new 16GB models of the TS-x70 Pro Series Turbo NAS which is designed specifically in support of QNAP's new Virtualization Station, a centralized virtualization environment that allows users to run and manage multiple virtual machines directly on the NAS without the need for additional hardware/software. QNAP is the first and only NAS vendor to offer this capability. The entire QNAP Turbo NAS lineup features "hardened" data security architecture that makes QNAP a leading choice of US defense contractors and enterprise datacenters.

AMD Demos First Network Function Virtualization on 64-Bit AMD and ARM Technology

AMD today demonstrated the first network function virtualization (NFV) solution on AMD's 64-bit ARM-based SoC and announced that it is now sampling to AMD's embedded customers. The NFV demonstration is powered by a 64-bit ARM-based AMD Embedded R-Series SoC, codenamed "Hierofalcon," supported with technology from two key ecosystem partners -- Aricent for the networking software stack and Mentor Graphics for embedded Linux and tools. NFV is an innovative solution that simplifies deployment and management for network and telecommunications service providers with a fully virtualized communications infrastructure that helps maximize performance, while working to reduce costs.

At ARM TechCon, AMD specifically showcased the capabilities of an ARM-based NFV solution, virtualizing the functionality of a packet data network gateway, serving gateway, and a mobility management entity. In addition to virtualizing hardware components, AMD showcased a live traffic migration between the ARM-based AMD Embedded R-Series SoC and the x86-based second generation AMD R-Series APU. AMD's ARM-based NFV solution will be especially valuable for telecommunications network infrastructure providers interested in a flexible software-defined networking (SDN) implementation to manage networking services with configurable hardware to help reduce complexity and cost. NFV is the abstraction of numerous network devices such as routers and gateways, to enable relocation of network functions from dedicated hardware appliances to generic servers. With NFV, much of the intelligence currently built into proprietary, specialized hardware is accomplished with software running on general purpose hardware. The resulting solution is a fully virtualized communications infrastructure -- including virtual servers, storage and networks -- that simplifies deployment and management for network and telecommunications service providers. AMD is paving the way for both new and established service providers to design and deploy either x86 or ARM-based NFV infrastructure which meets their performance, cost and complexity requirements.

QNAP Now Shipping 4 GB Version of TS-x51 Series NAS

QNAP, Inc., a global network attached storage (NAS) company, today announced that it is now shipping its new 4 GB model of the TS-x51 Series Turbo NAS, which features a potent Intel Bay Trail Celeron dual-core processor, a solid upgrade from the Atom processor, and comes standard with the latest QTS 4.1 operating system and is designed specifically for Virtualization Station, an exclusive feature that allows users to run and manage a virtual machine directly on the NAS. In addition, the 4 GB upgrade also gives this series the capability to run multiple memory-intensive applications simultaneously.

The TS-x51 Series is the world's first consumer-grade NAS that supports Intel VT-x and virtual machine applications. Just download the Virtualization Station App from the QNAP App Center, and you can install and manage multiple operating systems such as Windows, Linux and even Android on your NAS. The virtual machines can be used in variety of different ways to boost the functionality of your Turbo NAS.

QNAP Releases Virtualization Station Enabling Running Multiple OS on Turbo NAS

QNAP Systems, Inc. today announced the availability of Virtualization Station: an industry-leading integrated virtualization operating platform that empowers the Turbo NAS to host multiple virtual machines (VMs). With a simple & centralized management interface, it is easy for anyone to create and run multiple VMs on a single Turbo NAS.

Virtualization technology allows users to create isolated VMs on a single server and install different operating systems and applications. Each VM can be viewed as an independent PC that consumes dedicated CPU, memory, disk space and network resources without interrupting each other. Users can flexibly install Windows, UNIX, Linux, or even server-grade operating systems to centralize various services, applications and server management. Virtualization Station is a powerful and hands-on NAS-based virtualization platform that centralizes virtualization management to enhance IT efficiency.

Cavium Introduces ThunderX Enterprise Processor

Cavium, Inc., a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced the introduction of a new game changing category of processors that are workload optimized for a range of applications in the cloud and data center. The 2.5GHz 48 core ThunderX is the world's highest performing low-power 64-bit ARMv8 SoC family of workload optimized processors with a range of SKUs and form factors for high performance volume compute, storage, secure compute and networking specific workloads.

Data center infrastructure transformation is one of the key trends driving IT spending in 2014 and beyond. Analysts predict that the global data center infrastructure market, including servers, storage, networking, security and virtualization, will reach $128 billion in 2014. Key trends driving this disruption include rapid adoption of Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) enabled by Software Defined Data Center (SDDC) with virtualized on demand compute, Software Defined Networking (SDN) and Software Defined Storage (SDS). The continued growth and adoption of Open Source Software with almost 100 billion lines of code and nearly 10 million active developers is also radically changing installed base software requirements.

Dell Unveils Innovative and Powerful Desktop Virtualization Solutions

Dell cloud client-computing today at Citrix Synergy 2014 announced additions to its industry-leading cloud client portfolio with the Dell Wyse 5000 series all-in-one thin client, the Dell Wyse quad display 7000 series thin client and the Dell Wyse Xenith 3 zero client for Citrix. Dell also announced a new version of its end-to-end VDI offering, Dell Wyse Datacenter for Citrix XenDesktop, which accelerates deployment time and improves manageability with the addition of Dell Foglight for infrastructure monitoring.

"More than 200 million people interact with Dell Wyse solutions every day-from ATMs to kiosks to classrooms to hospitals. We continue to raise the bar for thin client manageability, security, performance and value, as well as lead the way with innovative form factors and OS support," said Steve Lalla, vice president and general manager, cloud client computing, Dell. "When these new portfolio additions are combined with Dell's data center infrastructure solutions for Citrix, customers from a broad range of industries can improve security, better protect their content, and sharply reduce ongoing costs - all while delivering the computing experiences their people demand."

ViewSonic Smart Display Virtualization Products First to Earn Citrix Ready–HDX

ViewSonic Corp., a leading global provider of visual solution products, announces that its SD-A225 and SD-A245 Virtualization Smart Displays are the first Android-based displays to earn Citrix Ready-HDX Verified status from Citrix Systems, Inc. These award-winning, next-generation ViewSonic multi-touch smart displays come with the Citrix XenMobile enterprise mobility management solution pre-installed, to allow administrators to remotely configure and manage the Smart Displays.

ViewSonic has one of the most diverse lines of VDI products, and is a pioneer of VDI-enabled smart displays. With Citrix bestowing its Citrix Ready-HDX Verified status to the ViewSonic SD-A225 and SD-A245 Smart Display Clients, it indicates that these products have set the bar for multimedia capabilities from Android-based devices in a VDI environment. The Citrix Ready program makes it easy for customers to identify complementary products and solutions that can enhance Citrix environments.

OCZ Technology Reports Results for Its First Quarter of Fiscal 2014

OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, reports its first quarter (Q1'14) results which ended on May 31, 2013. "Revenue generated from our enterprise solutions for the first quarter more than doubled compared to the last quarter, and drove the sequential gross margin increase. Overall revenue declined about 20% sequentially, primarily due to the lack of NAND flash supply for our client SSD products," said Ralph Schmitt, CEO of OCZ Technology.

"Over the past year we have restructured the Company, which included the appointment of new leadership, reduced operating expenses, streamlined our product offerings, realigned our engineering talent, and introduced new controller silicon and firmware, new higher-end SSDs for the client market and new storage solutions for the enterprise market," added Schmitt. "Fiscal Q1 is the first quarter in which the company operated with all these particular restructuring and restatement adjustments behind us."

Eurocom Ships Ready to Go Mobile Server with Microsoft 2012 Server Edition

Eurocom, www.eurocom.com is shipping the Panther 5SE Mobile Server that is ready to go (R2GO), right out of the box, loaded with Microsoft Server 2012. The EUROCOM Panther 5 Server Edition with Microsoft Windows Server 2012 provides extra virtualization capability, allowing higher performance, low cost computing through virtualization on one platform.

Mobile Server Overview
A Mobile Server is a computer system that has full server capability while being easily portable in a laptop form factor. Eurocom launched its first Intel Xeon powered Mobile Server in 2007, named the Phantom-X. Since its introduction Eurocom has been building on the capabilities and improving on the Mobile Server concept with every new version. The most advanced version yet, the Panther 5SE is the most stable, capable, scalable and durable Mobile Server solution to date.

ViewSonic Reveals New Horizon View SD-Z245 All-in-One Zero Client

ViewSonic Corp., a leading global provider of visual solution products, is showcasing its Virtual Desktop Infrastructure (VDI) products today at VMworld, including the just launched SD-Z245 all-in-one zero client. "Virtualization technology is quickly being adopted by organizations of all sizes," said Jeff Volpe, president, ViewSonic Americas. "IT departments are embracing VDI solutions due to the myriad of benefits including improved user experience, increased security and dramatically lower total-cost-of-ownership."

ViewSonic VDI devices offer an IT-friendly way to simplify virtual desktop management in any virtualization environment. Easy scalability, increased security, up to 80 percent reduced energy consumption and world-class three-year standard warranties are just some of the benefits organizations enjoy when implementing a VDI solution with ViewSonic zero clients.

OCZ Announces Preliminary 1Q14 Financials

OCZ Technology Group, Inc. (NASDAQ: OCZ), a leading provider of high-performance solid-state drives (SSDs) and power management solutions for computing devices and systems today announces selected preliminary financial results for the first quarter ended May 31, 2013, subject to customary closing and audit procedures.
Preliminary revenue for the first quarter of fiscal 2014 is estimated to be between $50 and $55 million. The sequential decrease in revenue was primarily due to the continued tight supply of NAND flash. The Company's revenue mix continued to shift towards the mainstream and higher-end client markets, as well as enterprise and OEM solutions as the Company continued to focus on these end markets. At the end of the quarter there was an additional $23 million of shippable backlog that was unrealized in the quarter due to supply constraints.

Gross margin continued to improve and is estimated to be between 17% and 20% for the first fiscal quarter as revenue generated from our Enterprise solutions increased sequentially. The Company continued to reduce its operating expenses by further reducing non critical spending. The Company's break-even level continues to improve due to these actions. Operating expenses for the first quarter are estimated to be between $20 and $22 million, which include restatement related expenses of approximately $1.5 million and stock compensation charges of approximately $2 million. Cash flow improved as we reduced our quarterly cash usage to approximately $6 million in the quarter. Cash ended the quarter between $6 and $7 million with total debt outstanding of $10 million. The Company expects that it will require access to additional capital which it is currently in the process of securing.
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