Date: 10/09/2009

Ramtron settles product defect claim of its memory product

Ramtron has entered into a Settlement Agreement and Mutual Release with one of its customers that resolves all matters related to the previously announced in-field failures of one of Ramtron's semiconductor memory products.

As a result of the settlement and after an insurance reimbursement and a credit for future product deliveries, Ramtron will recognize a benefit of approximately $150,000 on its third-quarter income statement. Ramtron had previously recorded a charge of $815,000 in connection with the matter.