SMTK SmartKem Inc

COLORADO SPRINGS, Colo., and TOKYO, April 3 /PRNewswire-FirstCall/ -- Simtek Corporation (NASDAQ:SMTK), the inventor, pioneer, and world's leading supplier of nonvolatile static random access memory (nvSRAM) integrated circuits, today announced an agreement with Saint Technology Corp. to distribute the full line of Simtek products in Japan. Saint Technology Corp. headquartered in Tokyo, Japan, was established in 1998 and acts as a specialist Japanese representative for electronic component manufacturers. Saint Technology provides strategic technical solutions for targeted application markets such as, Telecom/Datacom, ATE/Instrumentation, PC/PDA, Wireless (AV Streaming, LMDS, PCS, Broadcasting) and Ubiquitous Internet Access. "Expanding our global presence and customer base is a key initiative at Simtek, and we are very pleased to further expand our distribution in Japan to include the footprint of Saint Technology's customer base," said Harold Blomquist, Simtek President and CEO. "Saint Technology understands the unique needs of the Japanese nvSRAM market, and we look forward to working together and benefiting from their expertise." "It is our great honor to have this opportunity with Simtek -- their products provide the reliability and performance that our Japanese customer's solutions require," said Tadami Taniguchi, President and CEO of Saint Technology. "Simtek's nvSRAM technology fits well into our overall product portfolio in both the quality and efficiency of the technology as well as from a pricing perspective. We look forward to working with them to further expand their distribution." About Simtek Corporation Simtek Corporation designs and markets high-speed, re-programmable, nonvolatile semiconductor memory products, for use in a variety of systems including RAID servers, industrial automation, GPS navigational systems, robotics, medical instrumentation, and networking and telecommunications equipment. Information on Simtek products can be obtained from its website: http://www.simtek.com/; email: . The Company is headquartered in Colorado Springs, Colorado. About Saint Technology Corporation Saint Technology Corp. is a trading company which imports and distributes both leading edge products and less expensive solution products to the Military, Industrial, Computing, Consumer and Mobile markets. The company provides not only semiconductors, sensors, modules, boards, connectors, cables, but also provides fabrication services, software and system developing services. More information on Saint's products can be obtained from its web site: http://www.saint-tec.co.jp/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements predicting Simtek's future growth. These forward-looking statements are inherently difficult to predict and involve risks and uncertainties that could cause actual results to differ materially, including, but not limited to, projections of future performance including predictions of future profitability and expectations of the business environment in which Simtek operates. For a detailed discussion of these and other risk factors, please refer to Simtek's filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K and subsequent Form 10-Q and Form 8-K filings. DATASOURCE: Simtek Corporation CONTACT: Jeremy Cowx, Director, APAC Sales of Simtek Asia Pacific, +81-52-951-7686, ; or Saint Technology Corp., +81-3-5330-6411, ; or Investors, Marie Dagresto or Todd Kehrli, both of MKR Group, Inc., +1-323-468-2300, , for Simtek Corporation Web site: http://www.simtek.com/

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