Company’s Expertise in Integrated-Memory Technology Enables it to Solve Key Market Challenges with Non-Volatile Static Random Access Memory (nvSRAM)
COLORADO SPRINGS, CO., Aug. 13, 2007, – Simtek Corporation (NASDAQ: SMTK), the inventor, pioneer, and world’s leading supplier of nonvolatile static random access memory (nvSRAM) integrated circuits, today announced that it has been named the largest and fastest growing vendor in the Battery-Backed SRAM “BBSRAM” category of Web-Feet Research’s
“2006 Non-Volatile Memory Market Shares by Vendor” April 2007 report, based on the
company’s 2006 BBSRAM revenue of $28 million. Web-Feet Research also reported Simtek to
have the fastest growing market share in all memory categories they track among vendor’s with
notable volumes, growing 5 points in 2006 to a market share of 14.1%.
While Simtek’s proprietary nvSRAM technology does not require a battery, it was included in the BBSRAM category of the report because Simtek’s products are so widely used to replace
BBSRAM products.
Simtek has developed a proprietary non-volatile memory chip technology that facilitates unlimited reads and writes and saves critical data in the event of a power loss, all without the use of a battery. This is the only nvSRAM technology in existence that combines the most desired features of volatile and nonvolatile memory into a single integrated chip. The device is compact and requires less maintenance than a battery backed alternative, making Simtek’s chip technology ideal for a variety of data security applications, such as RAID (Redundant Array of Independent Disks) systems, GPS navigation, industrial and commercial copiers, PoS terminals, handheld meters, and consumer electronics products. In addition to BBSRAM and other traditional non-volatile memory tasks, nvSRAM is rapidly migrating into many other market segments and Simtek expects even broader applications as the technology quickly scales to smaller geometries and delivers progressively better access times, density and system performance.
“Simtek’s expertise in developing advanced, integrated-memory solutions continues to lead to a number of pioneering firsts including our hybrid, ‘no-battery’ nvSRAM solution, which has
experienced this rapid growth in revenue and market share,” said Grant Hulse, Simtek’s vice
president of worldwide marketing. “Our technology effectively eliminates the difficulties and
ongoing costs that supporting a battery brings into a design, making our nvSRAM a natural
upgrade from the antiquated battery-backed alternative. Additionally, the international RoHS
(Restriction of Hazardous Substances) guidelines discourage any further use of BBSRAM’s, due to the battery disposal problems, so we are confident that Simtek will continue to aggressively
capture additional market share in this category.”
“Web-Feet Research has monitored and analyzed the nvRAM market for a number of years now,” said Alan Niebel, Web-Feet Research’s chief executive officer. “Simtek’s 2006 results signal a big change in the value propositions being offered in this BBSRAM category.”
About Simtek Corporation
Simtek Corporation designs and markets high-speed, re-programmable, nonvolatile semiconductor memory products, for use in a variety of systems including RAID servers, storage arrays, GPS navigational systems, industrial controllers, robotics, copiers, avionics, metering, consumer, UPS, and networking and broadcast equipment. Information on Simtek products can be obtained from its web site: www.simtek.com; email: information@simtek.com. The company is headquartered in Colorado Springs, Colorado.
For further information, please contact:
Simtek Corporation MKR Group, Inc.
Brian Alleman, CFO Marie Dagresto or Todd Kehrli
Investorrelations@simtek.com 323-468-2300
smtk@mkr-group.com