News Stories and Press Releases

Chandler, AZ, May 30, 2018 — Everspin Technologies, Inc.(NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that Jeff Winzeler, CFO, will present at the Stifel Cross Sector Insight Conference to be held at the InterContinental Hotel in Boston, MA. Management is scheduled to present at 8:35 a.m. ET on Tuesday, June 12, 2018 and will be available to meet with investors throughout the day.

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Chandler, AZ, May 16, 2018 — Everspin Technologies, Inc.(NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that Jeff Winzeler, CFO, will participate at the Cowen 46^thAnnual Technology, Media and Telecom Conference on Thursday, May 31, 2018 at the Lotte New York Palace Hotel and will be available to meet with investors all day. 

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Chandler, AZ, May 9, 2018 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, today announced financial results for the first quarter ended March 31, 2018. 

First Quarter Highlights 

• Record total revenue of $14.9 million, including $5.5 million of licensing, royalty, and other revenue
• Gross margin for the quarter was a record 67%, primarily driven by licensing revenue
• Everspin’s partner, SMART Modular Technologies, completed product qualification and began shipping its nvNITRO accelerator card featuring MRAM technology
• Ended the quarter with cash balance of $33.9 million, compared to $13.0 million last quarter, reflecting the successful secondary offering in February 

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NEWARK, Calif., May 01, 2018 (GLOBE NEWSWIRE) -- SMART Modular Technologies, Inc., a subsidiary of SMART Global Holdings, Inc., (NASDAQ:SGH), and a leader in specialty memory, storage and hybrid solutions including memory modules, Flash memory cards and other solid state storage products, today announced that it has begun shipping its nvNITRO Accelerator Card featuring MRAM technology. SMART has partnered with Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of discrete and embedded magnetoresistive random access memory (MRAM), to launch the new Spin-transfer Torque MRAM (STT-MRAM)-based nvNITRO Accelerator Card. The nvNITRO is ideally suited for the most demanding transaction logging applications and, along with enhanced performance features, is designed with plug-and-play capability requiring no changes to system hardware, memory reference, bios or file systems.

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Chandler, AZ, April 25, 2018— Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of discrete and embedded MRAM, will release its first quarter 2018 financial results after market close on Wednesday, May 9, 2018. Kevin Conley, President and CEO, and Jeff Winzeler, CFO, will host a conference call at 5:00 p.m. Eastern Time to discuss the Company’s financial results.

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Chandler, AZ, March 26, 2018 — Everspin Technologies, Inc., the world's leading developer and manufacturer of discrete and embedded MRAM, today announced that it has named Rizwan Ahmed as Vice President of Strategic Marketing and has promoted Jim Everett to Vice President of Human Resources. These changes further strengthen Everspin’s executive staff and prepare the company for continued growth.

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Chandler, AZ, March 19, 2018 — Everspin Technologies, Inc. (NASDAQ:  MRAM), the world's leading developer and manufacturer of discrete and embedded magnetoresistive random access memory (MRAM), today announced it has entered into a multi-year worldwide licensing agreement with Alps Electric Co., LTD (Alps), a manufacturer of 3D magnetic sensors. Under the agreement, Alps and Everspin will mutually grant licenses to magnetoresistive-based 3D sensor patent portfolios for magnetoresistive sensor products. The terms of the agreement include an up-front license fee to Everspin as well as future royalties.  Specific financial terms of the agreement are not being disclosed. 

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EVERSPIN TECHNOLOGIES

Score: 57.6
Location: 5670 W. Chandler Blvd., Suite 100, Chandler, AZ 85226
CEO: Kevin Conley

Company Description: Everspin Technologies, Inc. is the worldwide leader in designing, manufacturing, and commercially shipping discrete and embedded Magnetoresistive RAM (MRAM) and Spin-Torque MRAM (ST-MRAM) into markets and applications where data persistence and integrity, low latency, and security are paramount.

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An ultra-low power MCU reference design from eVaderis is taking advantage of Globalfoundries’ embedded magnetoresistive non-volatile memory (eMRAM) technology.

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