Balch Hill Capital SC 13D STEC / BALCH HILL CAPITAL ownership change

Exhibit 99.1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a Statement on Schedule 13D (including amendments thereto) with respect to the shares of Common Stock, $0.001 par value per share, of STEC, Inc.  This Joint Filing Agreement shall be filed as an Exhibit to such Statement.

Dated:  November 16, 2012

BALCH HILL PARTNERS, L.P.
By:	Balch Hill Capital, LLC General Partner
By:	/s/ Simon J. Michael
	Name:	Simon J. Michael
	Title:	Manager

BALCH HILL CAPITAL, LLC
By:	/s/ Simon J. Michael
	Name:	Simon J. Michael
	Title:	Manager

/s/ Simon J. Michael

Simon J. Michael