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Monday, December 7, 2009, 11:44PM ET - U.S. Markets Closed. Dow Up 0.01% Nasdaq Down 0.22%
NVE Corp. (NVEC)At 4:00PM ET: 39.49  Up 0.01 (0.03%)  
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NVE Corp.
11409 Valley View Road
Eden Prairie, MN 55344
United States - Map
Phone: 952-829-9217
Fax: 952-996-1600
Web Site: http://www.nve.com

DETAILS 
Index Membership:N/A
Sector:Technology
Industry:Semiconductor - Specialized
Full Time Employees:50

BUSINESS SUMMARY 
NVE Corporation engages in the development and sale of devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. It provides standard sensors that detect the presence of a magnet or metal to determine position or speed; and custom sensors primarily for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers, including IL600-Series passive-input couplers; IL700/IL200-Series digital-input couplers; IL500-Series couplers; and IL400/IL3000-Series isolated network signal couplers. In addition, it licenses the spintronic magnetoresistive random access memory technology, as well as provides contract research and development services. NVE Corporation sells its products through distributors primarily in the United States, Europe, and Asia. The company was founded in 1982 and is based in Eden Prairie, Minnesota.
Key Statistics

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    CORPORATE GOVERNANCE 
    NVE Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 89.2% of Russell 3000 companies and 80.3% of Semiconductors & Semiconductor Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. Daniel A. Baker Ph.D., 51
    Chief Exec. Officer, Pres
    $ 291.00K $ 0
    Mr. Curt A. Reynders , 46
    Chief Financial Officer, Principal Accounting Officer, Sec. and Treasurer
    $ 151.00K $ 0
    Mr. Robert H. Irish , 69
    Consultant, Director, Member of Compensation Committee and Member of Nominating & Corp. Governance Committee
    $ 4.00KN/A
    Ms. Patricia M. Hollister , 49
    Director, Member of Audit Committee, Member of Compensation Committee, Member of Nominating & Corp. Governance Committee and Chief Financial Officer of FSI International Inc
    $ 4.00KN/A
    Mr. John K. Myers , 60
    VP of New Bus. Devel.
    N/A N/A
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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