NVE Quarterly Results Conference Call Scheduled

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| Source: NVE Corporation

EDEN PRAIRIE, Minn., Jan. 8, 2007 (PRIME NEWSWIRE) -- NVE Corporation (Nasdaq:NVEC) announced that it plans to release its financial results for the quarter ended December 31, 2006 on Wednesday, January 17, 2007 after the close of the Nasdaq Regular Market. The next day, Thursday, January 18, 2007, the company will hold its quarterly conference call at 10:00 a.m. CST.

The quarterly call will be broadcast live over the Internet and can be accessed through the Investor Events section of NVE's Website (www.nve.com). An archive of the call will also be available.

Parties who wish to participate in the call are requested to contact NVE Investor Relations at 952-829-9217 no later than January 15, 2007 to reserve a position for the call and to receive the conference telephone number.

NVE is a leader in the practical commercialization of spintronics, a nanotechnology that many experts believe represents the next generation of microelectronics. NVE licenses its MRAM intellectual property and sells spintronic products, including sensors and couplers, to revolutionize data sensing and transmission.

The NVE Corporation logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3120

NVE Corporation
Curt A. Reynders, Chief Financial Officer
(952) 829-9217