NVE Schedules Conference Call On Fourth-Quarter and Fiscal Year Results

EDEN PRAIRIE, Minn., April 20, 2009 (GLOBE NEWSWIRE) -- NVE Corporation
(Nasdaq:NVEC) announced that it plans to release its financial results for the
quarter and fiscal year ended March 31, 2009 on Wednesday, May 6, 2009 after the
close of the Nasdaq Regular Market. The company will hold its quarterly
conference call later that day at 4:00 p.m. Central Time.

The quarterly call will be broadcast live over the Internet and can be accessed
through the Investor Events section of NVE's Website (www.nve.com). An archive
of the call will also be available.

Parties who wish to participate in the call are requested to contact NVE
Investor Relations at 952-829-9217 no later than May 4, 2009 to reserve a
position for the call and to receive the conference telephone number.

NVE is a leader in the practical commercialization of spintronics, a
nanotechnology that relies on electron spin rather than electron charge to
acquire, store and transmit information. The company manufactures
high-performance spintronic products including sensors and couplers that are
used to acquire and transmit data. NVE has also licensed its spintronic
magnetoresistive random access memory technology, commonly known as MRAM.

The NVE Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3120

Statements we use 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, 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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CONTACT: NVE Corporation
Curt A. Reynders, Chief Financial Officer
(952) 829-9217