MRAM RFID Technology Development ...

MRAM RFID Technology Development: Micromem Technologies Inc. Files Broad Based MRAM Patent

MRAM technology, championed and patented by Micromem Tech, is developing as a foundation for RFID tag applications ...

From Business Wire (press release), CA ... Once fully developed, this technology should be suitable for various applications including Radio Frequency Identification (RFID) tags, which will be ...

... Pursuant to a Research Collaboration Agreement between Micromem (NASD OTCBB:MMTIF), the University of Toronto, Professor Harry Ruda and OCE, a not for profit corporation supported through the Ontario Ministry of Economic Development and Trade's Ontario Centres of Excellence program, Micromem is pleased to announce the filing of a broad based MRAM patent earlier this quarter. The patent application was filed January 31, 2005 and will help to secure the company in its go forward strategy. ...

Over the last five years, Micromem has been devoted to the development of MRAM technology. Once fully developed, this technology should be suitable for various applications including Radio Frequency Identification (RFID) tags, which will be Micromem's first market objective. All MRAM development work is undertaken pursuant to research collaboration agreements among Micromem, the University of Toronto, Dr. Harry Ruda and OCE Inc., a not-for-profit corporation supported through the Ontario Ministry of Economic Development and Trade's (MEDT) Ontario Centres of Excellence program. Micromem holds the first right to an exclusive, world-wide and perpetual sub-license for the use of the technology.