Everspin Taps Bryan Kang As Vice President Of Engineering

Everspin Technologies, Inc., has announced that Bryan Kang has joined the company as Vice President of MRAM Technology and Product Development.

With over 25 years of proven product planning and technology development experience, Mr. Kang has served as Memory and Design Architect at Nantero, Inc., where he designed and developed non-volatile memory devices. From December 2007 to March 2015, Bryan served as Vice President of the Design Center at SK Hynix America Inc., where he led in the development of various memory technologies, including the first 4Gb DDR3 technology. Mr. Kang received his Bachelor of Science degree in electrical engineering from KyungPook National University in Korea and his M.B.A from Ajou University in Korea.

"I am pleased to have Bryan join our team as we move to more advanced technology nodes for our Spin Torque technology," said Phill LoPresti, President and CEO of Everspin. " Executing on new product deliverables for our customers is essential as we bring MRAM to the mainstream of memory."

"I am looking forward to helping Everspin continue its leadership in bringing advanced ST-MRAM products to the market," said Kang. "This is an exciting time at Everspin and I am looking forward to contributing to the company's success."

About Everspin Technologies

Everspin Technologies is the leading provider of MRAM solutions. Everspin's MRAM solutions offer the persistence of non-volatile memory with the speed and endurance of random access memory (RAM), and enable the protection of mission critical data particularly in the event of power interruption or failure. Everspin's MRAM solutions allow its customers in the industrial, automotive and transportation, and enterprise storage markets to design high performance, power efficient and reliable systems without the need for bulky batteries or capacitors. Everspin is the only provider of commercially available MRAM solutions and over the past eight years has shipped over 60 million MRAM units. For more information, visit www.everspin.com.

Cautionary Statement Regarding Forward-Looking Statements

The statements in this press release regarding the expected benefits and customer usage of Everspin's ST-MRAM solutions are forward-looking statements that are subject to risks and uncertainties. Risks that could cause these forward-looking statements not to come true include, but are not limited to: the risk that unexpected technical difficulties may develop in the final stages of development or production of these products; and that customers may not perceive the benefits of Everspin's ST-MRAM solutions to be as Everspin perceives them to be.

View source version on businesswire.com: http://www.businesswire.com/news/home/20161102006256/en/

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