Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Ron C who wrote (7979)	11/5/1999 10:31:00 AM
From: John Stichnoth	Read Replies (4) \| Respond to of 60323

Thread, this on Ovonyx, re new type of non-volatile memory, from RMBS thread. Any comments as to its long-term effect?-- To: The Prophet who wrote (33450) From: coving Friday, Nov 5 1999 2:25AM ET Respond to Post # 33999 of 34015 off topic slightly : Ovonyx, Inc. Announces Agreement with Lockheed Martin To Commercialize Memory Technology November 04, 1999 11:56 TROY, Mich., Nov. 4 /PRNewswire/ -- Ovonyx, Inc. announced today that it has entered into a royalty-bearing agreement with Lockheed Martin Space Electronics & Communications in Manassas, Va. to commercialize the Ovonyx non-volatile semiconductor memory technology to replace Flash, DRAM, FPGA and other electronic devices in radiation hardened space and military applications. Ovonyx memory technology uses the reversible phase-change memory process originated by Energy Conversion Devices, Inc. ("ECD") (Nasdaq: ENER) -- the same process that has been commercialized worldwide in re-writeable CD and DVD optical memory disks -- to fabricate a new generation of high-performance, inherently radiation-hard, non-volatile semiconductor memory devices. The companies stated that development of radiation-hardened memory products will be jointly completed in Lockheed Martin's wafer Fab in Manassas, Va. Ovonyx is a joint venture between ECD and Mr. Tyler Lowrey that was formed to commercialize the proprietary phase-change semiconductor memory technology. The Ovonyx non-volatile memory technology offers significantly faster write and erase speeds and higher cycling endurance than conventional Flash memory. It also has the advantage of a simple fabrication process which allows the design of semiconductor chips with embedded non-volatile memory using only a few additional mask steps. Tyler Lowrey, President and CEO of Ovonyx, said, "This is the first step in our company's plan to introduce Ovonyx memory technology as a replacement for conventional Flash and DRAM memory -- both for commodity and embedded applications. I believe this collaboration with Lockheed Martin will prove to be a significant one for the future direction of the semiconductor industry. There are many other applications of this game-changing Ovonic Unified Memory which are being pursued for development and commercialization elsewhere." "This new technology holds the promise of bringing significant benefits to our customers," said Ed Spall, Lockheed Martin's Advanced Digital Solutions Director of Technology New Business in Manassas, Va. "This agreement will allow us to develop new non-volatile products for both memory and logic applications." Stanford R. Ovshinsky, President and CEO of ECD and Chairman of Ovonyx, stated, "I am pleased that the phase-change memory technology we invented is being commercialized jointly by a company with the technology and manufacturing strength of Lockheed Martin." A leader in providing advanced electronic systems, information systems and technology products and services, Lockheed Martin Space Electronics & Communications in Manassas, Va. serves customers including U.S. defense and federal civilian agencies, as well as commercial and international customers. Lockheed Martin Space Electronics & Communications is a unit of Lockheed Martin (NYSE: LMT). Headquartered in Bethesda, Maryland, Lockheed Martin is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. The Corporation's core businesses are systems integration, space, aeronautics, and technology services. ECD is a leader in the synthesis of new materials and the development of advanced production technology and innovative products. It has pioneered and developed enabling technologies leading to new products and production processes based on amorphous, disordered and related materials, with an emphasis on alternative energy and advanced information technologies. ECD's web site address is ovonic.com .