Rackable Systems, Inc. (NASDAQ:RACK) announced today the completion of
its legal name change to "Silicon Graphics International Corp.” The
company also announced today that it will change its Nasdaq stock ticker
symbol from "RACK” to "SGI.” The stock ticker change has gone into
effect for the trading community on Monday, May 18, 2009.
SGI® also announced that ISS Governance Services of the Risk Management
Group has released its recommendation for company shareholders to vote
"FOR” all incumbent directors and proposals in the company’s upcoming
annual meeting, which will take place on May 29, 2009 at the company’s
corporate headquarters in Fremont, California.
"It is indeed gratifying to receive the support of our customers and
shareholders at this pivotal time,” said Ron Verdoorn, chairman of SGI.
Mark J. Barrenechea, president and CEO of SGI added, "Leveraging a
unified SGI brand will enable us to communicate more effectively to our
customers and partners around the globe. Implementing the new trading
symbol better aligns our corporate brand with our vision.”
About SGI
SGI® (Silicon Graphics International Corp.) is a global leader in
large-scale clustered computing, clustered storage, HPC and data center
enablement and services. SGI is dedicated to solving these industries’
most demanding business and technology challenges. Visit www.sgi.com
for more information.
SGI is a registered trademark of Silicon Graphics International Corp.
All other trademarks are property of their respective holders.