NVE Notified of Grant of Thermomagnetically
Assisted Spin-Momentum Transfer MRAM Patent
EDEN PRAIRIE, Minn.June 12, 2007NVE Corporation (Nasdaq: NVEC)
announced today that it has been notified by the U.S. Patent and Trademark Office
(USPTO) of the expected grant of a patent relating to magneto-thermal and spin-momentum
transfer MRAM inventions.
NVE has been notified that the patent, titled Thermomagnetically Assisted
Spin-Momentum Transfer Switching Memory, will be issued today. The patent
is number 7,230,844 and is the grant of a patent under the application published
by the USPTO as number 2006-0077707.
Magnetothermal MRAM uses a combination of ultra-fast magnetic fields and heat
pulses, both from electrical current. Spin-momentum transfer is a method of changing
the spin of storage electrons directly with an electrical current rather than
an induced magnetic field. Both technologies may have the potential to reduce
the energy required to write data and allow reduction of the memory cell size
while maintaining thermal stability.
The grant brings NVE’s U.S. patent total to 42. The company has more than
100 patents worldwide issued, pending, or licensed from others. Links to the new
patent and NVE’s other U.S.patents can be found at the About NVE section
of the company’s Website (www.nve.com).
NVE is a leader in the practical commercialization of spintronics, a nanotechnology
that 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.
Statements used in this press release that relate to future plans, events,
or performance are forward-looking statements that are subject to certain risks
and uncertainties including, among others, such factors as uncertainties relating
to the grant of patents in the future, risks in the enforcement of our patents,
risks related to MRAM commercialization, as well as the risk factors listed from
time to time in our filings with the SEC, including our Annual Report on Form
10-K and other reports filed with the SEC.
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