Zalman USA claims bankruptcy rumors are completely false

Shawn Knight

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zalman usa bankruptcy fraud heatsinks zalman moneual silent pc cooling

News surfaced last week that silent PC cooling specialist Zalman had filed for bankruptcy due to multiple accounts of fraud but according to sources within Zalman USA, such claims simply aren’t true.

Legit Reviews recently reached out to their Zalman USA contact and learned the company actually isn’t going bankrupt. The informant said their headquarters was having some financial difficulties due to the recent troubled experienced by parent company Moneual but rumors of Zalman going bankrupt are completely false.

The contact said their product lineup remains intact and the company is still honoring warranties and offering tech support to its customers. Zalman will have an official statement on the matter by the end of the month, the person said.

zalman usa bankruptcy fraud heatsinks zalman moneual silent pc cooling

The South Korean company was founded in 1999 and quickly became one of the top providers of aftermarket PC cooling gear. Zalman was perhaps best known for its unique radial fin heatsink designs although they offered several other products over the years including PC cases, water cooling solutions, power supplies, fan controllers, solid state drives and video card coolers, just to name a few.

Given the conflicting reports, I’d still consider Zalman’s future to be in jeopardy. That said, if you have any Zalman gear that needs warranty attention, it’d probably be wise to go ahead and get that process started as soon as possible.

We’ll keep an eye on this story and report back when Zalman issues its official statement later this month.

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Whew, good, as I only use Zalman CPU coolers exclusively even in my low profile HTPC. To quote Mark Twain, "The rumors of my death have been greatly exaggerated".
 
I'm still curious as to why the company failed to publish an official response much sooner.
 
I'm still curious as to why the company failed to publish an official response much sooner.

They did, I saw their response quite a while ago. More then a week. I think some of the news sites also picked up on it quickly.
 
But why wait until the end of the month to release an official statement? Somethings rotten in Denmark ala Billy Shakespeare.
 
Hey, TechSpot, maybe in the future you could try to verify information you post as "news" eh?
Because now you look silly as every other news feed with 0 credibility.

kthxbye
 
Check out their stock price...investors aren't swallowing the protests to the contrary.
 
Excessive mail-in-rebates a big indicator of a consumer tech company on the edge of going bust. The company collects lots of revenue for products sold at full retail, and then goes bankrupt before fulfilling rebates that would cancel out that revenue.

Today newegg is selling a $25 Zalman notebook cooler for free after a $25 mail-in-rebate. That's not a good sign for Zalman.
 
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