| Investor FAQs
How did NVE get its name?
The company was founded as Nonvolatile Electronics, Inc. in 1989.
Nonvolatile refers to memories that retain data even when power
is removed. Our name was formally changed to NVE Corporation when the company
became publicly traded in November 2000. See our Corporate
Identity page for more about our name and logo.
What is nano about NVEs nanotechnology?
Nanotechnology is often defined as technology where dimensions of a few
nanometers (billionths of a meter) play a critical role. Our designs use one
of two nano-scale spintronic structures: giant magnetoresistors (GMR) and
spin-dependent tunnel (SDT) junctions. In GMR devices, the resistance changes
due to conduction electrons scattering at interfaces within the devices. The
GMR effect is only significant if the layer thicknesses are less than the mean
free path of conduction electrons, which is on the order of five nanometers.
In awarding the 2007 Nobel Prize in Physics for GMR, the Nobel Committee said,
GMR can be considered one of the first real applications of the promising
field of nanotechnology.
Where is NVE’s stock traded and what is the ticker symbol?
NVE’s common stock is traded on the NASDAQ Stock Market under the symbol
NVEC. The stock is also quoted on the Frankfurt Stock Exchange.
How do I purchase stock in NVE?
NVE’s common stock can be purchased through any registered broker.
Does NVE have a direct stock purchase plan?
We do not have a direct stock purchase plan.
What is NVEs CUSIP number?
NVEs Common Stock CUSIP number is 629-445-20-6. Prior to a reverse split
in November 2002, the Common Stock CUSIP was 629-445-10-7.
Whom do I contact with questions about NVE or Nonvolatile
Electronics, Inc. stock certificates?
Inquiries about stock certificates, including the transfer or conversion
of shares, split adjustments, change of address, or lost certificates should
be directed to our transfer agent:
Illinois
Stock Transfer Company
209 West Jackson Boulevard, Suite 903
Chicago, IL 60606-6905
(800) 757-5755
How many shares of NVE stock are outstanding?
As of June 13, 2008 there were 4,644,083 shares of our Common Stock outstanding.
What is NVEs financial calendar?
Our fiscal year ends March 31. Our fiscal quarters correspond to calendar quarters.
When does NVE report its earnings?
Our quarterly earnings reports have typically been after the close of the
NASDAQ Regular Market on the Wednesday following the third Monday after quarter
end. Fiscal year-end earnings reports have been in early May in recent years.
We generally announced the date of the earnings report, when determined, in
a press release or advisory release.
Does NVE have regular conference calls?
We have held quarterly results conference calls since becoming NASDAQ listed
in 2003. Our current practice is to schedule calls for 4:00 p.m. Central Time
on the same day as earnings reports. When determined, conference call dates
and times have been announced in press releases and posted to our Investor
Events page.
When are NVEs annual shareholder meetings?
Our most recent Annual Shareholder Meeting was August 7, 2008. In recent
years our Annual Meetings have been held in August or September.
Who are NVEs auditors?
Ernst & Young LLP has audited our financial statements annually since
our 2001 fiscal year.
Is NVE included in any stock indexes?
NVE's stock is included in a number of indexes, some of which are listed
on our Stock Indices page. NVE is
an original member of several nanotechnology indexes, including the Lux Nanotech
Index and the Global Crown Capital Nanotechnology Index.
Can the company provide
analysts research reports on NVE?
It is our policy not to provide analyst research reports because
we do not want to endorse any particular opinion, and because research reports
are proprietary products which analysts and their employers reserve for their
clients.
Statements in this document that relate to future plans, events, financial
results or performance are forward-looking statements that are subject to
certain risks and uncertainties including the risk factors listed from time
to time in our filings with the SEC.
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