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SGI Reports 3Q08

SUNNYVALE, Calif. -- SGI (NASDAQ:SGIC) today announced financial results for the third quarter of fiscal 2008, which ended March 28, 2008.

The Company's Webcast and conference call to discuss results is Tuesday, May 6 at 2:00 p.m. PDT. The Webcast and presentation materials will be available on the SGI Investors Relations Web page at the time of the call, at

Third Quarter FY08 Highlights

Overall in its third quarter, SGI:

  • Grew orders 50 percent over orders received in the third quarter of the
    prior year
  • Grew backlog to $134 million as of March 28, 2008, an 80 percent
    increase over the beginning of the company's fiscal year on a
    comparable basis
  • Accelerated its software strategy with acquisition of key IP assets
    formerly owned by Linux Networx
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