Law Offices of Howard G. Smith Encourages Investors Who Have Losses in Excess of $1 Million from Investment in STEC, Inc. to Inquire Before January 5, 2010, About Serving As Lead Plaintiff in the Securities Fraud Class Actio

BENSALEM, Pa.--(Business Wire)--
Law Offices of Howard G. Smith, representing investors of STEC, Inc. ("STEC" or
the "Company") (Nasdaq:STEC), announces a class action lawsuit in United States
District Court on behalf of a class (the "Class") consisting of all persons or
entities who purchased the securities of STEC between June 16, 2009 and November
3, 2009, inclusive (the "Class Period"). The class action lawsuit was filed in
the United States District Court for the Central District of California.

The Complaint charges STEC and certain of the Company`s executive officers with
violations of federal securities laws. STEC designs, manufactures and markets
enterprise-class solid-state drives for use in high performance storage and
server systems, and high-density dynamic random access memory modules for
networking, communications and industrial applications. The Complaint alleges
that defendants knew or recklessly disregarded that their public statements
concerning STEC`s business, operations and prospects were materially false and
misleading. Specifically, throughout the Class Period the defendants
misrepresented and/or failed to disclose that: (1) the Company oversold its
largest customer more inventory than it required; (2) as such, the Company
overstated the demand for its ZeusIOPS SSD products; (3) the Company's
subsequent revenue and financial results for the following year would be
negatively impacted; and (4), as a result of the above, defendants' statements
during the Class Period lacked a reasonable basis.

On November 3, 2009, STEC shocked investors when it announced that one of its
largest customers - which accounts for 90 percent of STEC's ZeusIOPS SSD
business, and had placed a $120 million order for the second half of 2009 -
would carry 2009 inventory into 2010, placing STEC's 2010 first quarter results
at risk. As a result of this news, shares of STEC declined $9.01 per share, or
more than 38%, to close on November 4, 2009, at $14.14 per share, on unusually
heavy trading volume.

The Private Securities Litigation Reform Act of 1995 ("PSLRA") requires the
Court to appoint a "Lead Plaintiff" in this case to represent the Class. Any
person or entity who suffered a loss as a result of purchasing STEC, Inc.
securities between June 16, 2009 and November 3, 2009, may ask the Court to be
appointed as Lead Plaintiff, but must file a motion no later than the January 5,
2010 deadline.

If you wish to discuss this action or have any questions concerning this Notice,
the role of Lead Plaintiff, or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone
at (215)638-4847, Toll-Free at (888)638-4847, by email to
howardsmith@howardsmithlaw.com or visit our website at
http://www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com

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