SOURCE: Crocus Technology

Crocus Technology

April 16, 2009 13:48 ET

Crocus Technology Taps Into Capres for MRAM Equipment Upgrade

New CIPTech Tool Brings Radical Cost and Time Savings to Determine Tunneling Resistance on MTJ Stacks

SUNNYVALE, CA and LYNGBY, DENMARK--(Marketwire - April 16, 2009) - Capres A/S, a worldwide maker of technology for direct nano- and micro-scale electrical characterization of materials, and Crocus Technology, a premier developer of Magnetic Random Access Memory (MRAM) today announced a successful implementation of CIPtech, the newest tool from Capres, for enabling measurements associated with advanced Spin Torque Technology (STT) at Crocus Technology. This unique new tool, designed especially for the MRAM and magnetic recording Read Head industries, enables Crocus to determine tunneling resistance on MTJ films prior to final test. With this upgrade, measurement that used to require weeks of sample preparation can now be performed within minutes.

"The addition of the new Capres CIPtech tool reaffirms Crocus' commitment to focus on innovation, as we continue to expand our IP base in the emerging MRAM technology space," said Jean Pierre Braun, CEO and founder of Crocus Technology. "This new tool is a perfect complement to our state-of-the-art environment for the design and development of MRAM technology."

The CIPTech platform is used for measuring the critically important tunneling resistance and magneto-resistance (RA & MR) directly on blanket magnetic tunnel junction (MTJ) films for MRAM (Magnetic Random Access Memory) and magnetic recording Read Head applications. The latest vertical magnetic field capability of the tool allows characterizing next-generation MRAM devices based on Spin Torque Transfer (STT). With this tool, Crocus is now equipped for efficient prototyping and manufacturing of advanced STT.

"Both Capres and Crocus share a common vision to be at the very forefront of technological development in each of our markets," said Olivier Dulac, VP Sales and Marketing at Capres. "Our CIPTech product will give Crocus another key tool to continue pushing their technological edge in the field of MRAM development."

About Magnetic Random Access Memory

MRAM's unique characteristics make it particularly suitable to a wide variety of telecommunication, networking, computing and handheld applications currently using SRAM and/or flash memory technology. It is the only scalable new memory technology providing non-volatility, unlimited-write-endurance, high-density, and high-speed. It is particularly well-suited to applications requiring high data reliability and high performance, and has the unique potential of becoming the universal embedded memory technology for systems-on-chip devices.

About Capres

Capres is a high-growth company riding on the nano technology wave. The Company uses the newest technologies to enable customers within the semiconductor and memory industries to make electrical measurements on smaller and smaller features. Capres is a global company, sourcing components, subsystems, and manufacturing capacity from companies in Europe, North America, and Asia and selling to global companies worldwide. Capres is venture capital funded and was founded in 1999 by Peter F. Nielsen, Christian Leth Petersen and Ulrik Quade. Since then, Capres has supplied a long list of leading high tech companies with its products. Capres A/S's Scandinavian investors include: LD Pensions, Dansk Erhvervsinvestering, SEB Venture Capital, and CAT Invest.

About Crocus Technology

Crocus is an early-stage developer of MRAM technology for dense, non-volatile, high-speed, scalable memories. Its MRAM innovation was conceived in the Grenoble-based Spintec laboratory, a world leading R&D center in Spintronics affiliated with two famous French labs, CEA and CNRS. Crocus' MRAM technology is covered by a comprehensive patent portfolio. The Company licenses its technology for both stand alone and embedded chip applications in a wide variety of telecommunication, networking, storage, computing and handheld applications. Crocus is backed by VC firms AGF Private Equity, CDC Innovation, NanoDimension, Sofinnova Partners, Sofinnova Ventures, and Ventech and has operations in Grenoble, France, and Sunnyvale, California.

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