Press Release November 11, 2004
NVE Corporation to Participate in Upcoming Conferences

EDEN PRAIRIE, Minn.--November 11, 2004--NVE Corporation (NasdaqSC: NVEC) announced today that it will present at two upcoming conferences. Daniel A. Baker, Ph.D., NVE president and chief executive officer, will present at the Wells Fargo 2004 Technology Forum at 11:00 a.m. Eastern time on November 18, 2004, and The Wall Street Analyst Forum 2004 Conference at 10:20 a.m. Eastern time on November 30, 2004. Both conferences are being held in New York City. The presentations will be broadcast live over the Internet and can be accessed through the Investor Events section of NVE's Web site (www.nve.com). Archives of the events will also be available.

NVE is a leader in the practical commercialization of spintronics, a nanotechnology which many experts believe represents the next generation of microelectronics. NVE licenses its MRAM intellectual property and sells spintronic products including sensors and couplers to revolutionize data sensing and transmission.