INFORMATION BULLETIN

June 30, 2008—NVE Corporation will join the Russell 3000® broad-market index when the Russell Investment Group reconstitutes its set of U.S. indexes today, according to a list issued by Russell.

Membership in the Russell 3000 remains in place for one year. NVE is also expected to be included in the Russell 2000 small-cap index. NVE is currently included in the Russell Microcap® and Russell 3000E indexes.

Russell reports that over $4.4 trillion in assets currently are benchmarked to its indexes. According to the NASDAQ, the annual Russell Reconstitution is usually one of the most highly-anticipated and heaviest trading days in the U.S. equity markets, as index and other asset managers seek to reconfigure their portfolios to reflect the composition of Russell's indexes.

Links to the Russell 3000 and other indexes that include NVE can be found on the "Investors" section of NVE’s website (www.nve.com).

NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. NVE has also licensed its spintronic magnetoresistive random access memory technology, commonly known as MRAM.

Statements used in this bulletin that relate to future events are forward-looking statements that are subject to certain risks and uncertainties. The company undertakes no obligation to update forward-looking statements in this bulletin.