Frank Sinatra's not the only one singing "Thanks for the Memory" these days. Netlist customers are likely crooning the classic, as well. The company designs, manufactures, and markets high-performance memory subsystems for the OEM market. Its line of board-level memory products are used in IT infrastructure equipment, such as servers, routers, and broadband switching systems. Key customers include Dell and F5 Networks, which together account for more than three-quarters of sales; those sales are primarily made through the customers' electronics manufacturing services providers Hon Hai and Flextronics, respectively. The company gets about 70% of its sales from the Asia/Pacific region.