Simtek Completes Initial Tape-Out of 4 Megabit nvSRAM Product
Share:
COLORADO SPRINGS, Colo., April 26 -- 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 completed the initial tape-out of the 4 Megabit Autostore nvSRAM along with Cypress Semiconductor Corp. It is the first Simtek product to utilize Cypress's 0.13µm SONOS process.
The 4 Megabit density offers unparalleled functionality and will enable existing Simtek customers to transition to the new, more advanced solution at very attractive price points. Further, this high performance product line is expected to expand the available target markets for this technology.
"We are pleased to be entering the final stages of our 4 megabit nvSRAM product which represents a major milestone for Simtek," said Harold A. Blomquist, Simtek's president and chief executive officer. "Together with Cypress, we have worked extensively to design and debug the 4 megabit design, and we have validated in silicon more than 80% of the functionality of this device in four versions of test chips."
Simtek is working closely with beta customers now and is seeing a high level of interest in the technology. Completion of production ready devices is anticipated by year-end. This is a result of a multi-year strategic partnership with Cypress to expand Simtek's nvSRAM product family utilizing Cypress's superior SONOS manufacturing capability.
About Simtek Corporation
Simtek Corporation designs and markets high-speed 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: simtek.com; email: information@simtek.com. The company is headquartered in Colorado Springs, Colorado.
Source: Simtek Corporation
CONTACT: Brian Alleman, CFO of Simtek Corporation, investorrelations@simtek.com; or Marie Dagresto or Todd Kehrli, both of MKR Group, Inc., +1-323-468-2300, smtk@mkr-group.com, for Simtek Corporation
Web site: http://simtek.com/
