STEC Increases Its Guidance for the Second Quarter of 2009

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Tue Jun 16, 2009 9:01am EDT

SANTA ANA, Calif., June 16, 2009 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC)
today announced that based on the Company's preliminary review of its
anticipated financial performance, it is increasing its guidance for the second
quarter of 2009.

The Company expects to report Non-GAAP diluted earnings per share in the range
of $0.32 to $0.36, versus the previous guidance of $0.20 to $0.22 per diluted
share announced on May 11, 2009.

The Company also expects to report revenue in the range of $82 million to $84
million, versus the previous estimate of $68 million to $70 million.

The increased Non-GAAP diluted earnings per share and revenue guidance are
primarily the result of increases in the Company's ZeusIOPS sales which now are
estimated to exceed $55 million during the second quarter of 2009.

The Company had previously estimated revenue from ZeusIOPS SSDs to surpass $65
million during the first half of 2009. With this increase in revenue, the
Company now expects ZeusIOPS SSD sales to exceed $80 million during the first
half of 2009.

About STEC

STEC, Inc. is a leading global provider of Solid-State 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 knowledge and experience to deliver the industry's most
comprehensive line of Solid-State Drives to the storage industry.

For more information, visit the Company's web site at www.stec-inc.com.

The STEC, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=1079

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements that involve risks and
uncertainties, including, but not limited to, statements concerning our revised
Non-GAAP diluted Earnings Per Share and revenue guidance for the second quarter
of 2009 and stronger than expected performance, including estimated sales, of
the ZeusIOPS product line. 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
which could cause actual results to differ materially from those expressed or
implied in the forward-looking statements are detailed under "Risk Factors" in
filings with the Securities and Exchange Commission made from time to time by
the Company, including its Annual Report on Form 10-K, its quarterly reports on
Form 10-Q, and its current reports on Form 8-K. Other factors that could cause
our actual results to differ materially from those expressed or implied in the
forward-looking statements include the following risks: business and economic
conditions and growth trends in our industry, our customer markets and various
geographic regions; global economic conditions and uncertainties in the
geopolitical environment; changes in demand from certain customer segments;
fluctuating cost of raw materials; excess inventory held by our customers
reducing future demand for our products; the unexpected cost of intellectual
property litigation and results of litigation being inherently uncertain; design
wins may not lead to revenues; unexpected cancellation or rescheduling of orders
by our customers; we may not realize the expected benefits from our operations
in Malaysia or from our global tax structuring; unexpected increases in the cost
associated with the operation of our new Malaysia facility; unexpected delays in
the qualification process of our products with customers; our growth initiatives
may not be successfully implemented or implemented slower than expected; we may
not realize the anticipated benefits from any acquisitions of businesses,
technologies, or assets we have acquired or may acquire in the future; excess
availability of DRAM or Flash memory could reduce component pricing resulting in
lower average selling prices and gross profit; DRAM or Flash memory supply may
tighten requiring suppliers to place their customers, including us,on limited
component allocation; interruptions or delays at the semiconductor manufacturing
facilities that supply components to us;higher than expected operating expenses
and capital equipment expenditures; new and changing technologies limiting the
applications of our products; our inability to become more competitive in new
and existing markets; our inability to maintain and increase market
share;difficulty competing in sectors characterized by aggressive pricing and
low margins; new customer and supplier relationships may not be implemented
successfully; adverse global economic and geo-political conditions, including
acts of terror, business interruption due to earthquakes, hurricanes, pandemics,
power outages or other natural disasters; and potential impact of high energy
prices and other global events outside of our control which could adversely
impact customer confidence and hence reduce demand for our products. The
information contained in this press release is a statement of STEC's present
intention, belief or expectation. STEC may change its intention, belie for
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.

-0-
CONTACT:  STEC, Inc.
          Mitch Gellman, Vice President of Investor Relations
          (949) 260-8328
          ir@stec-inc.com
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