Monday, January 08, 2007 9:11:05 AM
Monday January 8, 6:30 am ET
Company Expects to Begin Trading on NASDAQ January 10, 2007 Under Symbol SMTK
COLORADO SPRINGS, Colo., Jan. 8 /PRNewswire-FirstCall/ -- Simtek Corporation (OTC Bulletin Board: SMTE - News), the inventor, pioneer, and world's leading supplier of nonvolatile static random access memory (nvSRAM) integrated circuits, today announced that the NASDAQ Stock Market has approved its application for listing of the Company's common stock on the NASDAQ Capital Market under the symbol "SMTK." Simtek expects to begin trading on the NASDAQ Capital Market on Wednesday, January 10, 2007 until which time the company's shares will continue to trade under the symbol SMTE.ob on the Over the Counter Bulletin Board.
Harold Blomquist, Simtek President and CEO, commented, "Achieving a NASDAQ listing was a key goal for Simtek and we are pleased to announce that our stock will begin trading alongside many of our peers on the NASDAQ Capital Market. As we continue to successfully execute our business plan, we believe this listing enhances value for our shareholders as it will provide enhanced visibility for our stock and overall improved liquidity."
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, storage arrays, GPS navigational systems, industrial controllers, robotics, copiers, avionics, metering, consumer, UPS, and networking and broadcast equipment. Information on Simtek products can be obtained from its web site: www.simtek.com; email: information@simtek.com. The company is headquartered in Colorado Springs, Colorado.
Yorkville / Cornell Tracking Board #board-9964
"I can think of no more valuable commodity than information"
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