$Netlist (NLST)$ Netlist, Inc. (NASDAQ: NLST), a leading provider of high performance memory solutions for the cloud computing and storage markets, today announced that it has entered into a Letter of Intent ('LOI") with LG Electronics, Inc. (LG) to jointly work on a HyperVault Mobile Memory Controller (HVMMC) with the intention of adopting HVMMC on a next generation mobile system of LG Electronics.