Super Micro Computer, Inc. Announces Agreement to Purchase Additional Office Building
SAN JOSE, Calif., Jun 29, 2007 (BUSINESS WIRE) -- Super Micro Computer, Inc. (NASDAQ:SMCI) today announced that it has entered into a purchase agreement to buy a 90,000-square-foot building for approximately $11.3 million. The property is located in San Jose, California, adjacent to its corporate headquarters and 2 other office buildings which the Company owns.
"The purchase of this property will help Supermicro maintain its operating efficiency while meeting and exceeding our customers' growing needs," commented Charles Liang, CEO and president of Supermicro. "This facility will allow Supermicro to expand our manufacturing facilities as well as provide additional office space for our growing R&D and SG&A needs."
About Super Micro Computer, Inc.
Established in 1993, Supermicro emphasizes superior product design and uncompromising quality control to produce industry-leading serverboards, chassis and server systems. These mission-critical Server Building Block solutions provide benefits across many environments, including data center deployment, high-performance computing, high-end workstations, storage networks and standalone server installations. For more information on Supermicro's complete line of advanced motherboards, SuperServers, and optimized chassis, visit www.Supermicro.com, email Marketing@Supermicro.com, call the San Jose, CA headquarters at +1 408-503-8000.
SOURCE: Super Micro Computer, Inc.
Kalt Rosen Group/Ruder Finn West Howard Kalt, 415-541-0750 (office) KaltH@RuderFinn.com
Copyright Business Wire 2007
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