Supermicro Announces Completion Of Independent Investigation And Continued Enhancement Of Export Compliance Program

Super Micro Computer Inc. said it has completed an independent investigation and is continuing to enhance its export compliance program.

• Supermicro said there was no evidence current senior management had knowledge of the alleged diversion scheme.
• The company said no direct sales of export-controlled products to restricted parties were found.
• Supermicro said its board adopted recommendations to enhance the export compliance program.
• The company said there was no evidence previous financial statements could not be relied upon.
• In connection with the investigation, Supermicro said it terminated employees for failure to follow company policies.