NVE Moves up in Rankings of Largest Companies in Minnesota

April 24, 2011—NVE Corporation moved up nine places to 87th in the Star Tribune list of 100 largest Minnesota-based publicly-traded companies by revenues, and eight places to 52nd in the Pioneer Press Top 100 companies ranked by market value. The lists are in today’s editions.

The company was also ranked second by the Star Tribune out of 100 companies in return on revenue, and fourth by the Pioneer Press in five-year total return.

These and other rankings including NVE can be found on the “Rankings” 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.