NVE Chairman Named a Hardest-Working Board Director for Sixth Consecutive Year

June 11, 2012—For the sixth consecutive year, NVE Corporation Chairman Terrence Glarner was included in the Minneapolis/St. Paul Business Journal list of Hardest-working Board Directors, and ranked first for total committee activity. The list is in the June 8, 2012 issue on newsstands now. Minnesota public-company directors were ranked across seven categories.

Glarner has been an NVE director since 1999 and Chairman since 2001. He also serves as a director of two other publicly-held companies, Aetrium Inc. and FSI International, Inc.

This and other NVE awards and accolades can be found on the “Awards” page of the company’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.