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Everspin Signs Long-term Patent License Agreement With Alps Electric
Multi-year Agreement Licenses Everspin’s Sensor Patent Portfolio
With an extensive portfolio of over 500 worldwide patents and
applications covering its magnetoresistive technology, this agreement
expands Everspin’s existing group of memory and sensor licensees.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements regarding future events that involve risks and uncertainties that could cause actual results or events to differ materially from the expectations disclosed in the forward-looking statement, including, but not limited to, Everspin’s ability to successfully license its patent portfolio and the ability to raise capital as needed to support customer and industry adoption of MRAM technology. Actual results could differ materially.