With a substantial market opportunity it is no surprise that work in MRAM is very competitive. Even a small piece of the market will spell success for firms who can revolutionize wireless applications and computing. Big and small companies alike are racing to commercialize magnetic memories.

Micromem Technologies stands apart from its competition for three important reasons:

1)     Micromem has solved many key problems associated with commercializing MRAM. Years ago, we understood the potential of magnetic memory applications and the issues blocking commercial deployment. That's why we have been working on solving MRAM design and development issues, before they become commercial problems. Today we have key patent filings that solve these issues- making MRAM the technology of choice for performance driven applications.

2)     Micromem is capitalizing on low density applications first. We anticipate great synergy between our MRAM and applications that can benefit from the attributes of III-V materials in radiation hard applications, radar systems, satellites and sensors. Competitive companies have products that are too complex, too expensive and plagued with problems preventing them from delivering performance- based solutions on a commercial scale.

3)     Micromem has owned its share of memory technology for over seven years, much longer than most other companies. This gives Micromem an edge over the competition because the company understands the long term potential of MRAM, Micromem's patent position is extremely secure, and Micromem's technology and market intelligence leads the industry.