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SMART Global Holdings Responds to Inaccurate and Misleading Statements

NEWARK, Calif., Sept. 26, 2019 (GLOBE NEWSWIRE) -- SMART Global Holdings, Inc. (“SMART” or the “Company”) (SGH), is responding to factual errors, erroneous conclusions and unfounded allegations that have recently been circulated and are affecting the market for our stock over the past few days. While we strongly disagree, we are in a pre-earnings release quiet period and therefore not able to respond fully. We will address these concerns on our earnings call discussed below.

The earnings conference call, as previously announced, will be after the market closes on Thursday, October 3, 2019 at 1:30 p.m. Pacific Time (PT), 4:30 p.m. Eastern Time (ET). The call will be broadcast live over the internet on the Events section of the Company’s website at www.smartgh.com.

Conference Call Details
Date: Thursday, October 3, 2019
Time: 1:30pm Pacific Time (PT) / 4:30pm Eastern Time (ET)
Dial-in US toll free: +1-866-487-6452
Passcode: 6379732
Webcast: www.smartgh.com

A replay of the conference call will be accessible for one week following the call as follows:

Replay: +1-855-859-2056; Passcode: 6379732; or through the Events section of the SMART website at www.smartgh.com.

About SMART Global Holdings

The SMART lines of business are leading designers and manufacturers of electronic products focused on memory and computing technology areas. The company specializes in application specific product development and support for customers in enterprise, government and OEM sales channels. Customers rely on SMART as a strategic supplier with top tier customer service, product quality, and technical support with engineering, sales, manufacturing, supply chain and logistics capabilities worldwide. The company targets customers in markets such as communications, storage, networking, mobile, industrial automation, industrial internet of things, government, military, edge computing and high performance computing. SMART operates in three primary product areas: specialty memory products, Brazil products and specialty compute and storage solutions.

See www.smartgh.com, www.smartm.comwww.smartembedded.com, www.smartsscs.com and www.penguincomputing.com for more information.

Investor Contact:
Suzanne Schmidt
Investor Relations for SMART Global Holdings, Inc.
(510) 360-8596
ir@smartm.com