Violin Memory Inc. (NYSE:VMEM) In Long-term Downtrend

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Dallas, Texas 07/07/2015 (Financialstrend) – Violin Memory Inc. (NYSE:VMEM), a global pioneer company that designs and manufactures computer data storage products for all the primary storage and active workloads. It made an announcement stating that its Violin 7300 Flash Storage Platform (FSP) attained VM Ready™ status. It is certified as VMware Horizon Fast Track 2.0 Proven storage which means Violin 7300 FSP reached the highest level of an agreement after a long time of observation.

The Chief Marketing Officer, Amy Love, shared that Violin Memory Inc’s (NYSE:VMEM) 7300 FSP is designed with such features that cater to  business performance, price and in order to adapt to the unexpected requirements which arise in a virtual desktop environment. Achievement of VMware Horizon Fast Track 2.0 proves very helpful to the customers due to its cost effectiveness and easy-to-operate feature.

Howard Hall, Senior Director, Global Technology Partnering Organization, said that the VMware Ready™ logo depicts that it has reached certain specific standards and worked to add value to the customer environments. The VM Ready is a co-brand benefit of Technology Alliance Partner (TAP), and it helps the customers to know the products certified to work with VMware infrastructure. People can use the VM ware products to reduce their project risk and for effective cost savings as the program agrees to give best business solutions and expertise to meet all customer needs.

With the announcement of Violin Memory 7300 FSP achieving the VMware Ready™ status, the company may have to answer many questions raised by Private Litigation Reform Act 1995. The questions will relate to the marketing for the products and the customer’s knowledge about the company’s products, the benefits, and level of performance of the services, Violin Memory Inc. (NYSE:VMEM)’s plans and business strategies, etc. There can be a lot of risk and uncertainties involved. The stock looks to be in long term downtrend based on daily charts and trading on subdued volumes.

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