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TWST: We'd like to begin with a history of the company and the things
you are doing at the present time.
Dr. Kuper: A major asset and always a significant achievement is the
prosecution and maintence of the company's intellectual property
portfolio. The IP portfolio is a direct reflection of the investments we
made in research and development at the University of Toronto. Our
intellectual property portfolio is secure and we have carved out a very
clear technical advantage. Also, one of our most important
accomplishments is the differentiation of our MRAM technology. I think
we have cleared up the myth that magnetic tunnel junction is the only
kind of MRAM technology around. This is clearly not the case. Our
technology is very different and vastly superior. The storage medium is
a ferromagnetic bit fitted on a Hall sensor which senses magnetic field
direction and stores information accordingly. The product is fabricated
using III-V semiconductor technologies providing enhanced sensitivity
for the sensor and the read element while maintaining radiation hard
capabilities. Our MRAM is simple and robust and is highly resilient. It
is made from traditional materials so it's simple to fabricate and meets
the economic requirements of our addressable markets Our next critical
step has been to prototype the device. We have successfully prototyped
our MRAM technology on a single bit level. This prototype is a single
non-transistorized bit. With this prototype, so far, throughout the
testing of our device, the power consumption is relatively low, so we
can build and integrate a transistor IC type with what we feel will be a
lower power consumption MRAM device than seen in competitive technology. TWST: What are the some of the markets that you are addressing?
Dr. Kuper: We are addressing sensors, defense applications and wireless
communication.
Tickers included in this excerpt: MMTIF
For more information call (212) 952 7433. The
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not make stock recommendations.
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