Siemens Recognizes Everspin Technologies for Perfect MRAM Quality

Everspin Has Shipped More Than 100K MRAM Chips to Siemens with Zero Field
Failures
CHANDLER, Ariz.--(Business Wire)--
Everspin Technologies, a leading provider of magnetoresistive random access
memory (MRAM) products, has been recognized for perfect quality by Siemens`
Industry Automation division. Siemens is using Everspin`s fast read/write 4Mbit
MRAM chip in an industrial touch-screen application and has reported zero field
failures over the last two years.

"After two years of high volume production and more than 100K systems in the
field, we are very happy with the perfect quality and reliability of Everspin`s
products in our industrial automation systems," commented a Siemens
representative.

MRAM technology provides non-volatility, fast read/write capabilities and high
reliability for rugged applications in the industrial automation market. Siemens
uses Everspin MRAM to maintain software-programmable logic controller (SoftPLC)
process data for its Simatic Multipanel MP 277 and MP 377 multi-panel human
machine interface (HMI) products without battery backup.

"Everspin`s MRAM device has provided the non-volatility, performance and
reliability that we needed to add user-programmable features to our mid- and
high-end display products," said Ingmar Binder, project manager for HMI R&D at
Siemens` Industry Automation division.

"Everspin`s MRAM products deliver the most reliable, high-performance
non-volatile RAM products in the market," said Dr. Saied Tehrani, Everspin`s
chief operating officer. "We are very pleased with our excellent quality
performance in the field with all of our customers. Our continuous focus on
building quality from early stages of design through every manufacturing step is
truly paying off for us and our customers."

Today, Everspin is shipping high volumes of MRAM products to leading customers
across the globe for applications including storage, industrial automation,
gaming, energy management, communications, consumer transportation and avionics.

For more information about Everspin`s quality program, visit
http://everspin.com/PDF/Quality-Reliability.pdf

Everspin`s award-winning MRAM is a revolutionary memory that uses the magnetism
of electron spin to provide non-volatility with no wear-out. Everspin MRAM
stores information in magnetic material integrated with silicon circuitry to
deliver cost-effective, highly reliable, non-destructive readout non-volatile
memory with SRAM-like speed. This enables a true "instant-on" capability and
power loss protection in many classes of electronic devices over a wide
temperature range.

About Everspin Technologies

Everspin Technologies is the global leader in developing and manufacturing
standalone and embedded magnetic-based memory (MRAM) and integrated magnetic
sensors. With roots in Freescale Semiconductor and now backed by prominent
venture capital firms, Everspin launched its first commercial MRAM product in
2006. A growing number of leading corporations have adopted Everspin MRAM to
enable their most advanced products. www.everspin.com

Everspin and the Everspin logo are trademarks or registered trademarks of
Everspin Technologies, Inc. ©Everspin Technologies, Inc. 2009.

PR for Everspin Technologies
Angie Hatfield, 425-941-2895
angie@hatfieldcommunications.com

Copyright Business Wire 2009