Micron Technology Licenses Axon's Programmable Metallization Cell Technology

Business Wire, Jan 18, 2002

Business Editors/Technology Writers

SCOTTSDALE, Ariz. & BOISE, Idaho--(BUSINESS WIRE)--Jan 18, 2002

Axon Technologies Corporation and Micron Technology (NYSE:MU) today announced that Micron has entered into a non-exclusive commercial license agreement for Axon's patented Programmable Metallization Cell (PMC) technology.

[pilcrow (paragraph sign)] This license allows Micron to use Axon's technology for development and manufacture of future integrated circuit devices.

"We are looking at the potential of PMC technology. Although the use of this technology in future products is as yet undefined, we find the technology interesting," said Dr. Terry Gilton, Micron R&D Manager overseeing Micron's PMC-related efforts.

Axon's patented PMC technology is based on an electrochemical effect in solid electrolytes. "PMC has unique low-voltage and low-energy operational characteristics and could be compatible with CMOS processes," said Dr. Michael Kozicki, Axon Technologies Corporation. "We are excited to have Micron investigating the use of PMC in a variety of integrated circuit devices."

About Axon

Axon Technologies Corporation is an intellectual property company founded in 1996 to commercialize PMC technology. This privately held company will utilize a licensing business model. Much of the research and materials development was conducted at Arizona State University (ASU) facilities. Dr. Michael Kozicki, inventor of PMC, is the CTO and co-founder of Axon. Dr. Kozicki is also a Professor of Electrical Engineering at ASU. More on Axon and PMC may be found at www.axontc.com.

About Micron

Micron Technology, Inc., and its subsidiaries manufacture and market DRAMs, very fast SRAMs, Flash Memory, other semiconductor components, and memory modules. Micron's common stock is traded on the New York Stock Exchange (NYSE) under the MU symbol. To learn more about Micron Technology, Inc., visit its web site at www.micron.com.