Everspin Ramps Production of ST-MRAM

Everspin Technologies, Inc, a developer and manufacturer of MRAM, disclosed several new customer and ecosystem relationships as it ramps production with tthe Spin Torque MRAM (ST-MRAM).

Everspin attended the Flash Memory Summit in Santa Clara and showcased solutions based on its ST-MRAM with FPGA Altera Corporation, memory module supplier SMART Modular Technologies, Inc., memory solutions provider Mobiveil, Inc. and enterprise non-volatile memory express NVMe storage solutions Mangstor, Inc.

“As Everspin ramps production of ST-MRAM, our top priority has been to enable every valuable aspect of the MRAM Ecosystem, thereby streamlining ST-MRAM as a ‘full-solution’ with immediate benefits to new customers,” said Phill LoPresti, president and CEO, Everspin. “The result is that ST-MRAM enables innovative developers like Mangstor become leading suppliers of high performance NVMe Solid State Storage Solutions.“

In concert with these announcements, Everspin also announced two key additions to the customer-facing leadership team to support the company’s growth of MRAM in the memory and storage markets.

 Angelo Ugge joins Everspin as VP of business development. Most recently, Angelo ran Eviteck Consulting LLC, a marketing and business development consulting firm in Europe focused in helping small/ medium size technology companies to develop to their fullest potential. Prior to Eviteck, Angelo held the CEO position at Bridgeco of Zurich, Switzerland, MemsOptical of Huntsville, AL, and was VP and GM of ST Microelectronics in Carrollton, TX.

 Scott Emley joins Everspin as VP marketing from SMART Modular Technologies, Inc. where he was VP and GM of the integrated memory solutions group. Prior to SMART, Scott led marketing for Ramtron International Corporation, as well as leadership, marketing, and business development positions at Texas Instruments, Luminary Micro, Intel Corporation, Marvell Technology Group, and Freescale Semiconductor.

“Angelo and Scott bring extensive experience in defining, developing, and launching successful customer solutions in a vast array of industries,” continued Phill. “We’ve established a solid and rapidly growing revenue base: Everspin is shipping tens of millions of units annually and anticipating revenue growth of over 73% CAGR through 2016. Angelo and Scott add a dimension to our team that will allow Everspin to meet the market’s growing need for ST-MRAM.“