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  KALRAY company press release from 22/05/2018

  22/05/2018 - 11:00

KALRAY FIRST TO RECEIVE NVME-OF CERTIFICATION FOR A FULLY INTEGRATED SYSTEM


An important milestone demonstrating the level of maturity of the intelligent storage KTC solutions tailored for data centers and Cloud architecture

Kalray, a pioneer in processors for new intelligent systems, is proud to announce that its KTC (Kalray Target Controller) solution has been certified1 by the NVM Express organization through the University of New Hampshire InterOperability Laboratory (UNH-IOL), an independent testing provider of standard conformance solutions and multi-vendor interoperability. This certification, the first of its kind for a fully integrated system, is an important milestone for Kalray. It demonstrates the level of maturity of its KTC data center solution and its commitment to advancing NVMe technology.

The rise in adoption rates of SSDs (Flash-based Solid-State Drives) over HDDs (Hard Disk Drives) has pushed the industry to standardize this new NVMe protocol (based on PCI Express) to speed up data transfers by up to 4000 times, using high-performance, low-latency non-volatile flash memories.

Eric Baissus, president and CEO of Kalray, has declared: “We are really proud of this important milestone for Kalray. It demonstrates the level of maturity of our solutions in the market. The KTC products are all-in-one system solutions, which encompass a Smart Network Interface Card, the Kalray intelligent processor and associated software, to build optimized intelligent storage systems for data centers.”

In addition to supporting the NVM Express protocols, KTC offers extra resources in situ (i.e. more than 100 cores out of 288 of the Kalray Bostan2 processor), allowing its customers to make their storage solutions smarter. In-situ computing saves significant network bandwidth, running Input/Output-intensive applications closer to the storage capacity. For instance, tasks such as RAID/erasure coding, deduplication, compression, deep learning and encryption or artificial intelligence algorithms can be executed directly from the storage server.

 “We were happy to see Kalray's KTC pass certification testing,” stated Timothy Sheehan, operations manager, Datacenter Technologies, UNH-IOL.”KTC is the industry's first fully integrated system listed by the UNH-IOL on the NVMe-oF Integrators List

KTC has been certified for NVMe Over Fabrics (NVMe-oF™) for RoCE, Remote Direct Memory Access (RDMA) over Converged Ethernet. More information can be found on the base NVMe Integrators List https://www.iol.unh.edu/registry/nvmeof or on the Kalray Solutions page: www.kalrayinc.com/portfolio/solutions/.

KTC samples are now available for evaluation, and the production ready solution will be available in September 2018.

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ABOUT KALRAY

Kalray is the pioneer of processors for new intelligent systems. A disruptive technology, “intelligent” processors have the capability to analyze on the fly, and in an intelligent manner, a very large flow of information, and to react and make decisions in real time. These intelligent processors are being extensively deployed in fast-growing sectors such as new-generation computer networks, autonomous vehicles, healthcare equipment, as well as drones and robots. The Kalray offering encompasses processors as well as complete solutions (electronic boards and software). Created in 2008, as a spin-off of the CEA, Kalray addresses a broad spectrum of clients, among which server manufacturers, intelligent system integrators and consumer product manufacturers, such as car manufacturers.



CONTACTS FOR INVESTORS
Eric Baissus

contactinvestisseurs@kalray.eu
+33 4 76 18 90 71
 
ACTUS finance & communication
Caroline LESAGE
kalray@actus.fr
+ 33 1 53 67 36 79
MEDIA CONTACTS
Loic Hamon

communication@kalray.eu
+33 4 76 18 90 71
 
ACTUS finance & communication
Serena BONI
sboni@actus.fr
+ 33 4 72 18 04 92



No communication and no information in respect of Kalray's issuance of shares (the « Shares») may be distributed to the public in any jurisdiction where a registration or approval is required. No action has been or will be taken outside of France, in any country in which such action would be required. The offering or subscription of Shares may be subject to specific legal or regulatory restrictions in certain jurisdictions. Kalray takes no responsibility for any violation of any such restrictions by any person.

This press release is not a prospectus in the sense of EC Directive 2003/71 of the European Parliament and of the Council of November 4, 2003, as amended, in particular by Directive 2010/73/UE of the European Parliament and of the Council of November 24, 2010, as amended, as transposed into the law of each member state of the European Economic Area (the "Prospectus Directive").

The offer will be made to the public in France only after the granting of the "visa" by the AMF on the prospectus.

With respect to the member States of the European Economic Area other than France (the “Members states”), which have implemented the Prospectus Directive, no action has been or will be undertaken to make an offer to the public of the Bonds requiring a publication of a prospectus in any relevant member State. The Shares can, therefore, be offered only in Member states: (a) to legal persons deemed qualified investors in the Directive Prospectus; or (b) in other cases that do not require the publication by Kalray of a prospectus pursuant to Article 3(2) of the Prospectus Directive. 

For the purpose of the present paragraph, the notion of a "public offer of Shares" is defined, in each of the Member States, as any communication sent to persons, in any form whatsoever and by any means whatsoever, which presents sufficient information on the terms of the offer and the Shares to be offered, that might enable an investor to decide to purchase or subscribe to these Shares, as the same may be varied in that Member State by any measure implementing the Prospectus Directive.

This selling restriction is in addition to any other selling restriction applicable in those Relevant Member States.

The distribution of this press release is neither performed nor approved by an "authorized person" within the meaning of section 21 of the Financial Services and Markets Act 2000. Consequently, this press release is intended solely for (i) persons outside the United Kingdom (ii) investment professionals in the sense of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, (iii) individuals to whom it may be communicated lawfully under Article 49(2)(a) to (d) companies with significant shareholders' equity, non-registered associations, etc. of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, (iv) any other person to whom this press release may be lawfully addressed (persons cited in paragraphs (i), (ii), (iii) et (iv) and designated as "Eligible Persons"). The securities are available only to the Eligible Persons, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such shares may not be proposed or concluded other than with Eligible Persons. Any person who is not an Eligible Person must not act or rely on this press release or any of its contents. This press release is not a prospectus approved by Financial Services Authority or any other United Kingdom regulatory authority for the purposes of Section 85 of the Financial Services and Markets Act 2000.

This press release is not an offer of transferable securities, neither an invitation to purchase or subscribe securities nor any invitation to sell securities in the United States. The securities mentioned in this press release have not been and will not be registered in the sense of the U.S. Securities Act of 1933, as amended (the "US Securities Act"), and cannot be offered or sold in the United States except pursuant to an effective registration statement under the US Securities Act. Kalray does not intend to register any portion of the shares in the proposed offering in the United States or to conduct a public offering of securities in the United States.

The distribution of this press release in certain jurisdictions may constitute a breach of applicable law. The information in this press release does not constitute an offer of securities for sale in the United States, Canada, Australia or Japan.

This press release should not be published, transmitted or distributed, directly or indirectly, into the United States, Canada, Australia or Japan.

The Shares have not been and will not be qualified for sale to the public under applicable Canadian securities laws and, accordingly, any offer and sale of Shares in Canada will be made on a basis which is exempt from the prospectus and dealer registration requirements of such securities laws. The Shares are subject to transfer and sales restrictions in some countries, including Canada.