NVE Schedules Conference Call On First-Quarter Results

EDEN PRAIRIE, Minn., July 13, 2009 (GLOBE NEWSWIRE) -- NVE Corporation
(Nasdaq:NVEC) announced that it plans to release its financial results for the
quarter ended June 30, 2009 on Wednesday, July 22, 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 page 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 July 20, 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