Simtek Expands Sales and Support in Japan with New Franchised Distributor - Hakuto Co. Ltd

  
    
  
  
    
      Simtek Corporation (NASDAQ:SMTK), the inventor, pioneer, and world’s 
      leading supplier of nonvolatile static random access memory (nvSRAM) 
      integrated circuits, today announced that Hakuto Co., Ltd. will 
      distribute the full line of Simtek products in Japan.
    
    
      Hakuto, founded in 1953 and headquartered in Japan, is a recognized 
      leader in importing and distributing cutting-edge technology through its 
      domestic and overseas branches in Asia. Hakuto imports products for over 
      200 manufacturers worldwide to their expansive network of OEM resellers 
      and provides complete local support.
    
    
      “Increasing our network of distributors is 
      essential as we expand our position in the Japanese market,” 
      said Harold Blomquist, Simtek President and CEO. “Hakuto 
      has a long, successful history in representing and distributing 
      high-technology products through their close knit OEM relationships. We 
      look forward to a mutually beneficial relationship as we work together 
      to further capitalize on Japan’s strong 
      technology market.”
    
    
      “We are very proud to partner with SIMTEK to 
      represent their exciting products in the Japanese market," said Hiroshi 
      Asai, President of Hakuto. "We are confident that the advanced 
      non-volatile SRAM solutions offered by Simtek will be of great interest 
      to Japanese manufacturers developing next-generation consumer 
      electronics products."
    
    
      About Simtek Corporation
    
    
      Simtek Corporation designs and markets high-speed, re-programmable, 
      nonvolatile semiconductor memory products, for use in a variety of 
      systems including RAID servers, industrial automation, GPS navigational 
      systems, robotics, medical instrumentation, and networking and 
      telecommunications equipment. Information on Simtek products can be 
      obtained from its website: www.simtek.com; 
      email: [e-mail]. 
      The Company is headquartered in Colorado Springs, Colorado.
    
    
      About Hakuto
    
    
      Hakuto is a full-service distributor for over 200 high-tech electronics 
      principals from around the world. The products it handles include a wide 
      variety of semiconductors, vacuum equipment, FPD and MCM manufacturing 
      equipment, photomask production equipment, disk storage component 
      manufacturing equipment, and a wide variety of other products. Hakuto’s 
      other activity is manufacturing of chemicals, electronics equipment and 
      components. Through its Chemical Division, and its domestic and overseas 
      affiliates and subsidiaries, Hakuto manufactures and supplies a wide 
      range of products such as specialty industrial chemicals, FPD and PCB 
      manufacturing equipment and electronic components. Through its ties with 
      its overseas subsidiaries, Hakuto is able to provide technical training 
      and guidance to its colleagues in Asia and the U.S., and follow its 
      traditional Japanese customers to their overseas production sites. 
      Further information is available on the company's website, 
      www.hakuto.co.jp/.
    
    
      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.