Press Release March 5, 2007
NVE Announces IsoLoop® Couplers Now Available Through ELFA AB

EDEN PRAIRIE, Minn.--March 5, 2007--NVE Corporation (Nasdaq: NVEC) announced today that its award-winning IsoLoop® Spintronic Couplers are now available through ELFA AB. ELFA bills itself as one of the leading catalog distributors in northern Europe.

NVE President and CEO Daniel A. Baker, Ph.D. said, "Our IsoLoop distribution strategy emphasizes catalog-oriented distributors, so ELFA is an excellent fit."

NVE couplers can be ordered immediately through ELFA's Website (www.elfa.se). Links are available from the Denmark, Finland, Norway, Poland, and Sweden territories of the "Isolator Sales" section of www.IsoLoop.com or www.nve.com.

NVE's IsoLoop Spintronic Couplers are the ideal alternative to optical couplers. Based on NVE's patented spintronic giant magnetoresistance (GMR) technology, the products provide extraordinary performance including high speed, small size, minimal pulse width distortion, high common mode rejection, and high standoff voltage.

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, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, such factors as risks related to competitive threats, risks associated with our reliance on several large customers, and risks associated with meeting stringent customer technical requirements, 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.

###