Netlist, Inc. (Netlist) designs, manufactures and sells memory subsystems for datacenter server and high-performance computing and communications markets. The Company’s memory subsystems consist of combinations of dynamic random access memory integrated circuits (DRAM ICs or DRAM), NAND flash memory (NAND), application-specific integrated circuits (ASICs) and other components assembled on printed circuit boards (PCBs). The Company primarily markets and sells its products to original equipment manufacturer (OEM) customers. Its solutions are targeted at applications where memory plays a key role in meeting system performance requirements. The Company’s products include HyperCloud, NVvault, and Specialty Memory Modules and Flash-Based Products.