Press release
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NETLIST ANNOUNCES STRATEGIC ALLIANCE WITH SAMSUNG FOR ADVANCED MEMORY TECHNOLOGY August 05 , 2026 -Agreements for Cross License , Product Supply , and Technology Cooperation - IRVINE , Calif . , Aug. 5 , ... -Agreements for Cross License , Product Supply , and Technology Cooperation- IRVINE , Calif . , Aug. 5 , 2026 / PRNewswire / -- Netlist , Inc. ( OTCQB : NLST ) today announced a strategic alliance with Samsung with the signing of five - year term agreements for a patent portfolio cross license , memory product supply and technology cooperation . Under the agreements , Samsung will receive access to Netlist's complete patent portfolio , including its server DIMM and High Bandwidth Memory technologies . Samsung will supply Netlist DRAM and NAND products , and the parties agree to settle and mutually release all pending legal actions . C.K. Hong , Netlist's Chief Executive Officer , said , " We're excited to renew this partnership and look forward to working closely with Samsung . These strategic agreements reflect the companies ' shared commitment to innovation in the Al - memory space and validates the value of Netlist's IP . " In connection with the memory product supply agreement , Samsung will purchase ten million shares of Netlist common stock . Further details regarding the transaction are available in Netlist's Current Report on Form 8 - K filed concurrently with the issuance of this release and available on the SEC filings page of the Netlist website , click here . Netlist will host a conference call this morning at 8:30 a.m. Eastern Time to discuss the announcement . To pre - register for the conference call , click here . A live webcast and archived replay of the call can be accessed in the investor section of Netlist's website , at www.netlist.com .