NVE Granted Magnetic Tunnel Junction Sensor Patent


April 26, 2016-NVE Corporation today was granted U.S. patent number 9,322,889, titled 'Low Hysteresis High Sensitivity Magnetic Field Sensor.' The patent relates to sensors using magnetic tunnel junctions.

NVE has more than 50 U.S. patents, and more than 100 patents worldwide issued, pending, or licensed from others. Links to the new patent and NVE's other U.S. patents can be found on the Patents page of the company's Website (www.nve.com).

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.

Statements used in this bulletin 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 uncertainties relating to the grant of patents in the future, risks in the enforcement of our patents, 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. The company undertakes no obligation to update forward-looking statements in this bulletin.

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NVE Corporation issued this content on 26 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2016 12:11:05 UTC

Original Document: http://www.nve.com/2016prs/MTJ-sensor-patent.htm