NEWARK, Calif., May 01, 2018 (GLOBE NEWSWIRE) -- SMART Modular Technologies, Inc., a subsidiary of SMART Global Holdings, Inc., (NASDAQ:SGH), and a leader in specialty memory, storage and hybrid solutions including memory modules, Flash memory cards and other solid state storage products, today announced that it has begun shipping its nvNITRO Accelerator Card featuring MRAM technology. SMART has partnered with Everspin Technologies, Inc. (NASDAQ:MRAM), the world's leading developer and manufacturer of discrete and embedded magnetoresistive random access memory (MRAM), to launch the new Spin-transfer Torque MRAM (STT-MRAM)-based nvNITRO Accelerator Card. The nvNITRO is ideally suited for the most demanding transaction logging applications and, along with enhanced performance features, is designed with plug-and-play capability requiring no changes to system hardware, memory reference, bios or file systems.

MRAM technology is byte-addressable and  persistent with very low latency, enabling dramatically improved system performance for many applications.  The nvNITRO Accelerator Card fully exploits these unique attributes to provide a disruptive solution for industries where transaction processing and data recording performance are critical. For example, nvNITRO can reduce financial application wait times by reducing latency up to 90% over enterprise SSDs. Based on this performance data, SMART and Everspin will jointly target customers in the financial sector including joint demonstrations of nvNITRO performance at The Trading Show in Chicago, May 9-10.

The nvNITRO card enables a system application to write or log large amounts of data at the full performance of incoming data and provides extremely low and highly consistent read latencies of under 10µs. This enables a customer to utilize a single nvNITRO card as a front end cache connected to less expensive backend storage devices, providing a very cost effective solution   for logging information and accessing terabytes of data at very high performance, while providing power loss protection for data. No super capacitors, UPS or batteries are required because nvNITRO is power fail safe through its use of STT-MRAM persistent memory technology.

The nvNITRO Accelerator Card is currently available in a half-height half-length (HHHL) PCIe Gen3 form factor which is NVM Express 1.2.1 compliant.  Available in a 1GB density, the card supports greater than 1.5 million IOPS and approximately 6μs latency based on 4K random read/write.  Evaluation samples are available and can be obtained by contacting SMART.

To learn more about SMART’s nvNITRO NVMe Accelerator Card please view SMART’s latest nvNITRO video or visit http://www.smartm.com/nvNITRO.

Connect with SMART on LinkedIn at http://www.linkedin.com/company/smart-modular-technologies

About SMART Modular Technologies
SMART Modular Technologies is a global leader in specialty memory, storage and hybrid solutions serving the electronics industry for over 25 years. SMART Modular delivers solutions to a broad customer base, including OEMs in computing, networking, communications, storage, mobile and industrial markets. Focused on providing extensive customer-specific design capabilities, technical support and value-added testing services, SMART collaborates closely with their global OEM customers throughout their design process and across multiple projects to create memory, storage and hybrid solutions for demanding applications with differentiated requirements. Taking innovations from the design stage through manufacturing and supply, SMART Modular has developed a comprehensive product line comprised of DRAM, Flash and hybrid memory technologies across various form factors. SMART Modular is a subsidiary of SMART Global Holdings, Inc. See www.smartm.com for more information.

About Everspin Technologies 
Headquartered in Chandler, Arizona, Everspin Technologies, Inc. is the worldwide leader in designing, manufacturing, and commercially shipping discrete and embedded Magnetoresistive RAM (MRAM) into markets and applications where data persistence, performance, and endurance are paramount. With over 70 million MRAM products deployed in data center, cloud storage, energy, industrial, automotive, and transportation markets, Everspin has built the strongest and fastest-growing foundation of MRAM users in the world. For more information, visit www.everspin.com

Contact:
Arthur Sainio
SMART Modular Technologies
(510) 624-8126
arthur.sainio@smartm.com   

A photo accompanying this announcement is available at http://resource.globenewswire.com/Resource/Download/bdc1acbc-4bfc-4b50-acf2-ce43d51366e0