NVE Technology Agreement With Cypress Results in MRAM Samples.

NVE Corporation today confirmed that MRAM alpha samples recently announced by Cypress Semiconductor Corporation are covered by NVE's technology agreement with Cypress.

MRAM is a revolutionary memory that uses electron spin to store data. On January 27, 2005 Cypress announced it had provided fully functional 256- kilobit alpha samples.

NVE President and CEO Daniel A. Baker, Ph.D., said: "These are remarkable devices, and we congratulate the talented Cypress team led by Jeff Kaszubinski on an impressive accomplishment."

Posted: Jan 31,2005 by Ron Mertens