Simtek Corporation Focuses Efforts on Expanding Intellectual Property Assets

  
    
  
  
    
      Simtek Corporation (NASDAQ:SMTK), the inventor, pioneer, and world’s 
      leading supplier of nonvolatile static random access memory (nvSRAM) 
      integrated circuits, today highlighted its expanded focus on research 
      and development (R&D) by announcing its submission of 27 new patent 
      applications over the last 24 months, including a record 15 applications 
      in 2007.
    
    
      Simtek, long known for its proprietary positions in nvSRAM, the 
      architecture that combines fast SRAM and non-volatile elements in every 
      memory cell, has focused its R&D dollars towards solidifying its 
      intellectual property in nvSRAM as well as other emerging nvRAM 
      architectures and structures.
    
    
      "Simtek has enjoyed both solid revenue growth and increasing product 
      margins over the last several years," said Ron Sartore, Simtek's 
      Executive Vice President responsible for R&D investments and building 
      the company's patent portfolio. "We have funneled much of those proceeds 
      in developing new technologies we believe will drive rapid growth and 
      profitability. As such, we continue to seek patent protection for our 
      intellectual properties."
    
    
      "We are the original supplier of integrated memory solutions with our 
      patented nvSRAM," added Harold Blomquist, Simtek’s 
      CEO. "We keep our engineering investments focused on enhancing our basic 
      integrated memory value proposition. Fortunately, we see many natural 
      ways to grow our business and expand our IP. We plan to focus our 
      resources on this area as an integral part of our long range plan."
    
    
      About Simtek Corporation
    
    
      Simtek Corporation designs and markets "NV + fast SRAM" 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: www.simtek.com; 
      email: [e-mail]. 
      The company is headquartered in Colorado Springs, Colorado.
    
    
      Forward-Looking Statements
    
    
      This press release contains forward-looking statements within the 
      meaning of Section 27A of the Securities Act of 1933, as amended, and 
      Section 21E of the Securities Exchange Act of 1934, as amended, 
      including statements predicting Simtek's future growth. These 
      forward-looking statements are inherently difficult to predict and 
      involve risks and uncertainties that could cause actual results to 
      differ materially, including, but not limited to, projections of future 
      performance including predictions of future profitability and 
      expectations of the business environment in which Simtek operates. For a 
      detailed discussion of these and other risk factors, please refer to 
      Simtek's filings with the Securities and Exchange Commission (SEC), 
      including its Annual Report on Form 10-K and subsequent Form 10-Q and 
      Form 8-K filings.