Matthew Witte Director of the Board at STEC

STEC, Inc. announced today that Matthew L. Witte, a founding partner of Marwit Capital, a Newport Beach, Calif.-based private equity firm, has been appointed as an independent director to the STEC Board, including its Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, effective January 1, 2009. Mr. Witte’s appointment to the board will fill the vacancy that will be created upon the resignation of Vahid Manian. Mr. Manian tendered his resignation as a director effective at the end of December 31, 2008. Effective upon Mr. Witte’s appointment, STEC’s board will continue to consist of seven directors, four of whom are independent under NASDAQ rules.

One of two Managing Partners, Mr. Witte is responsible for Marwit Capital’s origination, execution and harvesting of buyouts, recapitalizations and growth investments. He leads a team of investment professionals investing from the firm’s current fund – Marwit Capital Partners II, L.P.

Mr. Witte currently serves as a Director of several private companies, including Arc Machines, Inc., Solis Women’s Health, and Promax Nutrition. Mr. Witte graduated with a Bachelor of Science from Cornell University.

"I am very pleased that Matt has chosen to join our Board," said Manouch Moshayedi, Chairman and CEO of STEC, Inc. "His expertise with growth-stage companies will be especially valuable at this exciting time in STEC’s history. On behalf of our Directors and my colleagues at STEC, I am excited to welcome Matt to the STEC Board."