|[August 05, 2014]
Everspin Ramping Production of ST-MRAM with New Customers and Ecosystem Partners
CHANDLER, Ariz. --(Business Wire)--
Everspin Technologies, Inc., the world's leading developer and
manufacturer of MRAM worldwide, today disclosed several new customer and
ecosystem relationships as it ramps production with the world's first
commercially-available Spin Torque MRAM (ST-MRAM). Everspin will be at
the Flash Memory Summit in Santa Clara from Aug 5-7, showcasing
solutions based on its ST-MRAM with FPGA leader Altera (News - Alert) (Booth #320),
leading memory module supplier SMART Modular Technologies (Booth #222),
memory solutions provider Mobiveil (Booth #721), and Enterprise
Non-Volatile Memory Express NVMe Storage Solutions leader Mangstor.
"As Everspin ramps production of ST-MRAM, our top priority has been to
enable every valuable aspect of the MRAM Ecosystem, thereby streamlining
ST-MRAM as a 'full-solution' with immediate benefits to new customers,"
said Phill LoPresti, President and CEO of Everspin. "The result is that
ST-MRAM enables innovative developers like Mangstor become leading
suppliers of high performance NVMe Solid State Storage Solutions."
In concert with these announcements, Everspin also announced two key
additions to the customer-facing leadership team to support the
company's unprecedented growth of MRAM in the memory and storage markets.
Angelo Ugge joins Everspin as Vice resident of Business Development.
Most recently, Angelo ran Eviteck Consulting LLC, a Marketing and
Business Development Consulting firm in Europe focused in helping small/
medium size technology companies to develop to their fullest potential.
Prior to Eviteck, Angelo held the CEO position at Bridgeco of Zurich,
Switzerland, MemsOptical of Huntsville, Alabama, and was Vice President
and General Manager of ST Microelectronics in Carrollton, Texas.
Scott Emley joins Everspin as Vice President of Marketing from SMART
Modular Technologies where he was Vice President and General Manager of
the Integrated Memory Solutions group. Prior to SMART, Scott led
marketing for Ramtron International (News - Alert) Corporation, as well as leadership,
marketing, and business development positions at Texas Instruments,
Luminary Micro, Intel Corporation, Marvell (News - Alert) Technology Group, and
"Angelo and Scott bring extensive experience in defining, developing,
and launching successful customer solutions in a vast array of
industries," continued Phill. "We've established a solid and rapidly
growing revenue base: Everspin is shipping tens of millions of units
annually and anticipating revenue growth of over 73% CAGR through 2016.
Angelo and Scott add a dimension to our team that will allow Everspin to
meet the market's growing need for ST-MRAM."
About Everspin Technologies
Technologies is the leading developer and manufacturer of magnetic
RAM (News - Alert) (MRAM), offering stand-alone and embedded Toggle and Spin-Torque
MRAM products. As the world's first volume MRAM supplier, Everspin has
established itself as "The MRAM Company" with an intellectual property
portfolio of more than 600 active patents and applications, many of
which are fundamental and essential for MRAM technologies. Today
Everspin delivers MRAM products to broad applications in the data center
and storage, energy and infrastructure, and automotive and
[ InfoTech Spotlight's Homepage ]