Ramtron ships custom F-RAM device built on IBM Burlington manufacturing line

first_imgGlobalFoundries,US semiconductor maker Ramtron International Corporation (Nasdaq: RMTR), a leading developer and supplier of low energy nonvolatile ferroelectric random access memory (F-RAM) and integrated semiconductor products, today announced that it has made initial customer deliveries of a custom designed F-RAM device built on its new IBM manufacturing line in Burlington, Vermont. In addition to 50,000 devices already shipped, the company expects to ship approximately 1.9 million devices over the next few quarters with a potential for significantly higher volumes in the future. The Ramtron-designed custom F-RAM devices are destined for use in generic printer cartridges.‘This milestone marks the first commercial shipment of 3-volt F-RAM devices built on our new F-RAM manufacturing line in Burlington,’ said Eric Balzer, Ramtron’s CEO. ‘In recent months, we have made significant progress toward improving the product yield on our new manufacturing line, which also bodes well for our recently introduced standard F-RAM products being built there.’ Also, in anticipation of its participation at the 14th Annual Needham Growth Conference and related investor meetings today and tomorrow (January 11 and 12, 2012), Ramtron today announced preliminary results for total revenues for its fiscal year ended December 31, 2011.Based on a review of Ramtron’s preliminary results, management expects to report fiscal year 2011 revenue of approximately $66.4 million. In addition, Ramtron believes that the company’s fourth-quarter results will allow it to achieve its previously published net income guidance of $0.02 to $0.05 per share for the second half of 2011. These results are preliminary and unaudited. The company plans to report its final results for the fourth quarter and fiscal 2011 on Thursday, February 16, 2012.On Thursday, January 12, 2012, Ramtron plans to present at the 14th Annual Needham Growth Conference at the New York Palace Hotel in New York. The presentation is currently scheduled for 10:00AM ET. Representing management will be Eric A. Balzer, Director and Chief Executive Officer. About Ramtron and F-RAM TechnologyRamtron International Corporation, headquartered in Colorado Springs, Colorado, is a fabless semiconductor company that designs, develops and markets specialized semiconductor memory and integrated semiconductor solutions used in a wide range of product applications and markets.Ramtron pioneered the integration of ferroelectric materials into semiconductor products that enabled a class of low energy nonvolatile memory, called ferroelectric random access memory, or F-RAM. Ramtron F-RAM products combine the high-speed performance of Random Access Memory (RAM) with high-integrity nonvolatile data storage, or the ability to save information without power. Since commercializing the technology, Ramtron has sold nearly a half-billion F-RAM devices into demanding applications such as automotive safety and entertainment systems, portable medical devices, industrial process control systems, smart electricity meters, and consumer printer cartridges. As the most power-efficient of any nonvolatile memory technology on the market, F-RAM products promise to pave the way for the development of ultra-efficient battery powered products and energy harvesting applications, among others. For more information, visit www.ramtron.com(link is external).COLORADO SPRINGS, Colo.–(BUSINESS WIRE)last_img

Leave a Comment