| Date | Title | | | 11/04/09 | Adaptec Announces Cancelation of 2009 Annual Meeting of Stockholders Originally Scheduled for November 10, 2009| MILPITAS, Calif.--(BUSINESS WIRE)--Nov. 4, 2009--
Adaptec, Inc. (NASDAQ: ADPT) today announced that its 2009 Annual
Meeting of Stockholders originally scheduled to be held on Tuesday,
November 10, 2009 at 1:00 p.m., Pacific Time (the “Annual Meeting”), has
been canceled as a result of certain developments relating to the
Consent Solicitation commenced by Steel Partners II, L.P.
About Adaptec
Adaptec provides inn... |
|  | | 11/03/09 | Adaptec MaxIQ(TM) Accelerates Performance of MySQL by Up to 8x| Faster Throughput and Increased Transactions using MaxIQ SSD Cache Performance Solution Demonstrated by AppLabs Performance Testing
MILPITAS, Calif., Nov. 3 /PRNewswire-FirstCall/ -- Adaptec, Inc. (Nasdaq: ADPT) today released the results of third-party performance testing of its new MaxIQ((TM)) SSD Cache Performance Solution in MySQL environments. AppLabs, the world's largest independent testing and quality management company, found that Adaptec MaxIQ (with MaxIQ SSD cache enabled) impro... |
| | | 10/30/09 | Adaptec Responds to Steel Partners' Public Statements|
Urges Stockholders to Reject Minority Stockholder’s Proposals by
Signing the GOLD Consent Revocation Card
MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 30, 2009--
Adaptec, Inc. (NASDAQ:ADPT), the global leader in I/O innovation, today
responded to a news release issued Oct. 29 by Steel Partners II LP.
“In claiming the Board’s independent financial advisor has called for
‘selling the business operations,’ St... |
| | | 10/29/09 | Adaptec Reports Second Quarter Results for Fiscal 2010| MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 29, 2009--
Adaptec, Inc. (NASDAQ:ADPT), today reported its results for the second
quarter of fiscal 2010, which ended on October 2, 2009.
Financial Highlights for Second Quarter of Fiscal 2010
Total net revenues of $18.4 million
GAAP gross margins of 44%; non-GAAP gross margins of 50%
GAAP net loss per share of $(0.03); non-GAAP net loss per shar... |
| | | 10/28/09 | Adaptec Board Chairman Speaks Directly to Stockholders and Sets Record Straight|
Urges Stockholders to Reject Minority Stockholder’s Proposals by
Signing the GOLD Consent Revocation Card
MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 28, 2009--
Adaptec, Inc. (NASDAQ: ADPT), the global leader in I/O innovation, today
released the following letter to Adaptec’s stockholders from the
Chairman of Adaptec’s Board of Directors:
To Our Stockholders:
In its quest for control of the Board of Adaptec, Steel P... |
| | | 10/28/09 | Adaptec RAID Controllers Selected to Power Japan's Largest Server Farm and Fastest PCs| High-Performance, Scalable Adaptec Series 2 and Series 5 Unified Serial(R) RAID Controllers the Solution of Choice for Third Wave High-end PCs and A.T. Works' 9,000-unit Server FarmMILPITAS, Calif., Oct 28, 2009 /PRNewswire-FirstCall via COMTEX/ -- Adaptec, Inc. (Nasdaq: ADPT), the global leader in I/O innovation, today announced that its Unified Serial(R) RAID controllers have been selected as the RAID solutions of choice by two leading Japanese technology product and service providers: Third ... |
| | | 10/26/09 | Steel Partners Derails Adaptec Board's Plans to Consider Cash Dividend|
Adaptec Urges Stockholders to Reject Minority Stockholder’s
Imminent Plans to Take Control of Board by Signing the GOLD Consent
Revocation Card
MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 26, 2009--
Adaptec, Inc. (Nasdaq:ADPT), the global leader in I/O innovation, today
commented on the efforts by Steel Partners II L.P., a hedge fund and
minority stockholder in Adaptec, to prevent the Adaptec Board from
taking further steps toward the paym... |
| | | 10/22/09 | Adaptec Urges Stockholders to Reject Minority Stockholder's Proposals by Signing the GOLD Consent Revocation Card|
Company Comments on Reports by Proxy Advisory Firms
MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 22, 2009--
Adaptec, Inc. (Nasdaq:ADPT), the global leader in I/O innovation, today
commented on new reports by RiskMetrics Group and Proxy Governance,
Inc., as well as an earlier report by Glass, Lewis & Co.
“We are puzzled at recommendations that stockholders consent to
proposals that would give a hedge fund, Steel Partners II L.P., highly
... |
| | | 10/21/09 | Adaptec Responds to Latest Distortions from Minority Investor and Hedge Fund| MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 21, 2009--
Adaptec, Inc. (Nasdaq:ADPT), the global leader in I/O innovation today
issued the following statement in response to unfounded attacks by Steel
Partners, a hedge fund that is a minority stockholder in Adaptec, on
members of Adaptec’s Board and management in its letter of Oct. 15, 2009:
“We urge Adaptec stockholders to reflect carefully on Steel’s extensive
record of misleading statements – in... |
| | | 10/16/09 | Glass, Lewis & Co. Recommends Adaptec Stockholders Vote to Elect ALL Adaptec Board Nominees at Annual Meeting of Stockholders| MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 16, 2009--
Adaptec, Inc. (Nasdaq:ADPT), the global leader in I/O innovation, today
reported that Glass, Lewis & Co. has recommended that stockholders elect
all seven Directors nominated by the Adaptec Board of Directors at the
Annual Meeting of Stockholders to be held on Nov. 10, 2009. Stockholders
may follow the recommendation of this leading proxy advisor by voting
for the Adaptec Board’s nominees at the Annu... |
| | | 10/15/09 | Adaptec Sets the Record Straight| MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 15, 2009--
Adaptec, Inc. (Nasdaq:ADPT), the global leader in I/O innovation, today
issued the following letter to its stockholders:
Dear Adaptec Stockholders,
Adaptec is poised to take the decisive next steps toward building wealth
for stockholders, thanks to the turnaround efforts the Board launched in
2005. Yet, just as Adaptec is gaining momentum, a hedge fund and a
minority stockholde... |
| | | 10/14/09 | Adaptec MaxIQ(TM) Accelerates Web Server Performance By Up to 10x| AppLabs Performance Benchmark Testing Shows Faster Throughput and Lower Response Times with MaxIQ SSD Cache Performance Solution
MILPITAS, Calif., Oct. 14 /PRNewswire-FirstCall/ -- Adaptec, Inc. (Nasdaq: ADPT) today released the results of third-party performance benchmark testing of its new MaxIQ(TM) SSD Cache Performance Solution in Web server environments. AppLabs, the world's largest independent testing, quality management and certification solutions company, found that Adap... |
| | | 10/12/09 | Adaptec Announces Glass, Lewis & Co. Recommends Adaptec Stockholders REJECT Steel Partners' Consent Solicitation| MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 12, 2009--
Adaptec, Inc. (Nasdaq:ADPT), the global leader in I/O innovation, today
reported that Glass, Lewis & Co. has recommended that stockholders
reject all of the proposals solicited by Steel Partners II, L.P., a
minority investor in Adaptec. Stockholders may follow the recommendation
of this leading proxy advisor by submitting the GOLD consent revocation
card.
The report by Glass, Lew... |
| | | 10/08/09 | Adaptec to Host Second Quarter of Fiscal 2010 Financial Results Conference Call| MILPITAS, Calif.--(BUSINESS WIRE)--Oct. 8, 2009--
Adaptec, Inc. (NASDAQ:ADPT), the global leader in I/O Innovation, will
host a live teleconference and webcast on Thursday, October 29th,
2009, at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company's financial
results for the second quarter of fiscal 2010.
To participate in the webcast, visit www.adaptec.com/investor
at least 15 minutes before the start of the teleconference. An audio
re... |
| | | 10/06/09 | Adaptec Cites Reasons to Oppose Steel Partners' Consent Solicitation| MILPITAS, CA, Oct 06, 2009 (MARKETWIRE via COMTEX) -- Adaptec, Inc. (NASDAQ: ADPT), the global leader in I/O innovation,
today issued the following letter to its stockholders:
Dear Adaptec Stockholders,
Steel Partners II L.P., a hedge fund that is a minority investor in
Adaptec, is soliciting your consent to proposals that would allow it
to seize effective control of Adaptec.
Steel Partners has not publicly offered any plan to improve Adaptec's
business or operations. Instead, it wan... |
| | | 09/29/09 | Adaptec Issues Letter to Stockholders| MILPITAS, CA, Sep 29, 2009 (MARKETWIRE via COMTEX) -- Adaptec, Inc. (NASDAQ: ADPT), the global leader in I/O innovation,
today issued the following letter to its stockholders:
Dear Adaptec Stockholders,
We are writing to you because a hedge fund and minority stockholder
of Adaptec, Steel Partners II LP, is soliciting your consent to make
significant changes at Adaptec. We believe its proposals are NOT in
your best interests. In the enclosed materials, you will find the
recommendations ... |
| | | 09/09/09 | Adaptec Unveils Data Conditioning Platform Strategy for Cloud Computing and Enterprise Data Center Environments| Company Sees Opportunities for Intelligent Data Center I/O Solutions That Lower Costs, Maximize System Performance, and Achieve Green IT Objectives
MILPITAS, Calif., Sept. 9 /PRNewswire-FirstCall/ -- Adaptec, Inc. (Nasdaq: ADPT), the global leader in I/O innovation, today unveiled a strategic vision for developing new and better methods for intelligently routing, optimizing and protecting data as it moves through the I/O path. Called the Adaptec Data Conditioning Platform strategy, thi... |
| | | 09/09/09 | Adaptec Launches MaxIQ(TM) SSD Cache Performance Solution for Maximum Application Acceleration in Data Center Environments| Intel(R) Solid-State Drives and Adaptec Software and Controllers Provide I/O Intensive Data Centers with Faster Application Performance Resulting In Reduced Capital & Operating Costs
MILPITAS, Calif., Sept. 9 /PRNewswire-FirstCall/ -- Adaptec, Inc. (Nasdaq: ADPT) today announced the first solution for building and managing High-Performance Hybrid Arrays (HPHAs) - storage arrays that use both solid-state drives (SSDs) and hard disk drives (HDDs) - delivering up to five times the I/O performance,... |
| | | 08/06/09 | Adaptec to Present at the Morgan Keegan Technology Conference| MILPITAS, CA, Aug 06, 2009 (MARKETWIRE via COMTEX) -- Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions,
today announced that it will participate in the Morgan Keegan
Technology Conference on August 11, 2009 at 9:10 ET.
Interested parties can listen to an audio webcast of this event on
the Internet by visiting the Investor's section on the Adaptec website
at: www.adaptec.com/investor.
About Adaptec
Adaptec, Inc. (NASDAQ: ADPT) provides innovative data center I/O
solu... |
| | | 07/30/09 | Adaptec Reports First Quarter Results for Fiscal 2010| MILPITAS, CA--(Marketwire - 07/30/09) - Adaptec, Inc. (NASDAQ:ADPT), today reported its results for the first quarter of fiscal 2010, which ended on July 3, 2009
Financial Highlights for First Quarter of Fiscal 2010
-- Total net revenues of $21.7 million
-- GAAP gross margins of 46%; non-GAAP gross margins of 51%
-- GAAP net income per share of $0.00; non-GAAP net income per share of
$0.00
-- Positive operating cash flows from continuing operations of $4.2
million
-- Ended... |
| | | 07/15/09 | Adaptec to Host First Quarter of Fiscal 2010 Financial Results Conference Call| MILPITAS, Calif.--(BUSINESS WIRE)--Jul. 15, 2009--
Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, will
host a live teleconference and webcast on Thursday, July 30, 2009, at
2:00 p.m. PT (5:00 p.m. ET) to discuss the company's financial results
for the first quarter of fiscal 2010.
To participate in the webcast, visit www.adaptec.com/investor
at least 15 minutes before the start of the teleconference. An audio
rep... |
| | | 06/24/09 | Adaptec Introduces Series 5Z RAID Controllers With First Maintenance Free, Flash-Based Cached Data Protection for On-Demand Cloud Computing Data Centers| Innovative, High-Performance Adaptec Series 5Z Unified Serial(R) RAID
Controllers Reduce Data Center Operating Costs, Enhance Data Protection, and
Minimize Environmental Hazards
MILPITAS, Calif., June 24 /PRNewswire-FirstCall/ -- Adaptec, Inc. (Nasdaq:
ADPT), a global leader in data center hardware and software storage solutions,
today announced the availability of the Adaptec Series 5Z Unified Serial(R)
(SATA/SAS) RAID controller family. These high-performance controllers
inte... |
| | | 05/18/09 | Adaptec Selected for Network Products Guide 2009 Product Innovation Award| --Adaptec RAID 52445 Unified Serial(R) (SATA/SAS) Controller Wins in the Storage Hardware Category
MILPITAS, Calif., May 18, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Adaptec, Inc. (Nasdaq: ADPT), a global leader in storage solutions, announced today that Network Products Guide, an industry leading publication on information technologies and solutions has named the Adaptec RAID 52445 Unified Serial (SATA/SAS) RAID controller a winner of the 2009 Product Innovation Awards. This an... |
| | | 05/07/09 | Adaptec Reports Fourth Quarter and Annual Results for Fiscal 2009| MILPITAS, CA, May 07, 2009 (MARKETWIRE via COMTEX News Network) -- Adaptec, Inc. (NASDAQ: ADPT), today reported its results for the fourth quarter and fiscal year ended March 31, 2009. Financial Highlights for Fourth Quarter of Fiscal 2009
-- Total net revenues of $23.4 million
-- GAAP gross margins of 44%; non-GAAP gross margins of 48%
-- GAAP net loss per share of $(0.14), including a goodwill impairment
charge of $16.9 million; non-GAAP net income per share of $0.01
-- Po... |
| | | 04/21/09 | Adaptec Series 5 Unified Serial(R) (SATA/SAS) RAID Controller Family to Support VMware vSphere(TM)| --Adaptec Works with VMware to Further Next-Generation Computing and Enable Customers to Benefit from the Cloud OS
MILPITAS, Calif., April 21, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Adaptec, Inc. (Nasdaq: ADPT), a global leader in storage solutions and VMware Technology Alliance Partner (TAP) program member, today announced immediate support for VMware vSphere(TM). Adaptec's Series 5 Unified Serial (SATA/SAS) RAID Controller Family is supported natively via an in-box driver, re... |
| | | 04/08/09 | Adaptec to Host Fourth Quarter and Fiscal 2009 Financial Results Conference Call| MILPITAS, CA, Apr 08, 2009 (MARKET WIRE via COMTEX News Network) -- Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, will host a live teleconference and webcast on Thursday, May 7, 2009, at 2:00 p.m. PT to discuss the company's financial results for the fourth quarter and fiscal 2009 financial results. Adaptec CEO S. 'Sundi' Sundaresh and CFO Mary Dotz will host the call. A question-and-answer session will follow their presentations. To participate in the webcast, visit www.ad... |
| | | 03/17/09 | Adaptec Wins ChannelWeb and Business Solutions Magazine Awards for Storage Industry Channel Excellence|
- Recognition Underscores Adaptec Channel Leadership in Unified Serial® (SATA/SAS) RAID Solutions
MILPITAS, California, March 17 /PRNewswire/ -- Adaptec, Inc. (Nasdaq: ADPT), a global leader in storage solutions, today announced that it was named one of the Top 20 Strategic Storage Vendors by ChannelWeb, the industry leader in technology sales information, and that it has been named "Best Channel Vendor" in the storage category by Business Solutions, a leading technology magazine focuse... |
| | | 03/11/09 | Adaptec to Present at the B. Riley & Co. Investor Conference| MILPITAS, CA--(MARKET WIRE)--Mar 11, 2009 -- Adaptec, Inc. (NasdaqGM:ADPT - News), a global leader in storage solutions, today announced that S. 'Sundi' Sundaresh, President and Chief Executive Officer, and Mary Dotz, Chief Financial Officer, will participate in the B. Riley & Co. Investor Conference on March 18, 2009 at 1:30 p.m. PT.Interested parties can listen to an audio webcast of this event on the Internet by visiting the Investor's section on the Adaptec website at: www.adaptec.com.Abou... |
| | | 02/04/09 | Adaptec to Present at the Thomas Weisel Partners Technology & Telecom Conference| MILPITAS, CA, Feb 04, 2009 (MARKET WIRE via COMTEX News Network) -- Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, today announced that S. 'Sundi' Sundaresh, President and Chief Executive Officer, and Mary Dotz, Chief Financial Officer, will participate in the Thomas Weisel Partners Technology & Telecom Conference on February 9, 2009 at 3:50 p.m. PT. Interested parties can listen to an audio webcast of this event on the Internet by visiting the Investor's section on the Adap... |
| | | 01/28/09 | Adaptec Reports Third Quarter Fiscal 2009 Results| MILPITAS, CA, Jan 28, 2009 (MARKET WIRE via COMTEX News Network) -- Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, today reported its financial results for the third quarter of fiscal 2009, which ended on December 26, 2008. "While these remain difficult economic times, Adaptec is focused on what will enable us to win in the long-term -- innovating for future growth and carefully managing the business. In the past quarter, we successfully completed the Aristos integration, w... |
| | | 01/13/09 | Adaptec to Host Third Quarter of Fiscal 2009 Financial Results Conference Call| MILPITAS, CA, Jan 13, 2009 (MARKET WIRE via COMTEX News Network) --
Adaptec, Inc. (NASDAQ: ADPT), a global leader in storage solutions, will host a live teleconference and webcast on Wednesday, January 28, 2009, at 2:00 p.m. PT to discuss the company's financial results for the third quarter of fiscal 2009. Adaptec CEO S. 'Sundi' Sundaresh and CFO Mary Dotz will host the call. A question-and-answer session will follow their presentations. To participate in the webcast, visit www.adaptec.com/in... |
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Investor Relations
